{"id":8196,"date":"2021-03-21T11:42:34","date_gmt":"2021-03-21T03:42:34","guid":{"rendered":"https:\/\/valueinmind.co\/?p=8196"},"modified":"2022-01-28T15:17:52","modified_gmt":"2022-01-28T07:17:52","slug":"what-is-spac","status":"publish","type":"post","link":"https:\/\/valueinmind.co\/zh\/what-is-spac\/","title":{"rendered":"SPAC\u662f\u4ec0\u9ebc\uff1fSPAC\u503c\u5f97\u6295\u8cc7\u55ce\uff1f\u4e00\u6587\u770b\u61c2SPAC\u7279\u6b8a\u76ee\u7684\u6536\u8cfc\u516c\u53f8"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8196\" class=\"elementor elementor-8196\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7525b68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7525b68\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e3b285\" data-id=\"2e3b285\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b535ac elementor-widget elementor-widget-facebook-button\" data-id=\"3b535ac\" data-element_type=\"widget\" data-widget_type=\"facebook-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.23.0 - 05-08-2024 *\/\n.elementor-facebook-widget.fb_iframe_widget,.elementor-facebook-widget.fb_iframe_widget span{width:100%!important}.elementor-facebook-widget.fb_iframe_widget iframe{position:relative;width:100%!important}.elementor-facebook-widget.fb-like{height:1px}.elementor-widget-facebook-comments iframe{width:100%!important}<\/style>\t\t<div data-layout=\"standard\" data-colorscheme=\"light\" data-size=\"small\" data-show-faces=\"false\" class=\"elementor-facebook-widget fb-like\" data-href=\"https:\/\/valueinmind.co\/zh\/?p=8196\" data-share=\"false\" data-action=\"like\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a0b5f61 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a0b5f61\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1dca706\" data-id=\"1dca706\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-579a97d elementor-widget elementor-widget-text-editor\" data-id=\"579a97d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>3\u670816\u65e5\uff0c<a href=\"https:\/\/www.etoro.com\/about\/investors\/\" target=\"_blank\" rel=\"noopener\">eToro\uff08e\u6295\u777f\uff09\u6295\u8cc7\u5e73\u53f0\u5b98\u5ba3<\/a>\uff1a\u548c FinTech Acquisition Corp V. \u5408\u4f5c\uff0c\u4ee5 SPAC \u5f62\u5f0f\u5728\u7f8e\u570b\u4e0a\u5e02\uff0c\u9810\u8a08\u5728\u4ea4\u6613\u5b8c\u6210\u6642\u7684\u96b1\u542b\u80a1\u672c\u50f9\u503c\u7d04\u70ba104\u5104\u7f8e\u5143\u3002\u66f4\u65e9\u4e4b\u524d\uff0c<a href=\"https:\/\/www.wsj.com\/articles\/grab-is-in-talks-to-go-public-through-a-spac-merger-11615486822\" target=\"_blank\" rel=\"noopener\">\u96fb\u53ec\u8eca\u5e73\u53f0 Grab<\/a>\u00a0\u4e5f\u50b3\u51fa\u6703\u4ee5 SPAC \u5f62\u5f0f\u5728\u7f8e\u570b\u4e0a\u5e02\uff0c\u9810\u8a08\u4f30\u503c\u9054\u5230400\u5104\u7f8e\u5143\uff0c\u662f\u6709\u53f2\u4ee5\u4f86\u898f\u6a21\u6700\u5927\u7684 SPAC \u4ea4\u6613\u3002<a href=\"https:\/\/news.cnyes.com\/news\/id\/4572665\" target=\"_blank\" rel=\"noopener\">\u5c31\u9023\u9999\u6e2f\u9996\u5bcc\u674e\u5609\u8aa0<\/a>\u3001\u5104\u842c\u5bcc\u8c6a\u912d\u5fd7\u525b\u3001\u8ced\u738b\u4f55\u6c0f\u5bb6\u65cf\u4e5f\u7d1b\u7d1b\u9032\u5834\u6295\u8cc7 SPAC \u516c\u53f8\u3002<\/p><p>\u300cSPAC \u6295\u8cc7\u300d\u5728\u6295\u8cc7\u5708\u6380\u8d77\u71b1\u9580\u8a71\u984c\uff0c\u8d8a\u4f86\u8d8a\u591a\u6295\u8cc7\u8005\u5c07\u8cc7\u91d1\u6295\u653e\u5230 SPAC \u6295\u8cc7\uff0c\u5f62\u6210\u706b\u7206\u71b1\u6f6e\u3002\u4f46\u662f\uff0cSPAC \u5c0d\u5f88\u591a\u6295\u8cc7\u8005\u4f86\u8aaa\u4f9d\u7136\u5f88\u964c\u751f\u3002\u7a76\u7adf SPAC \u662f\u4ec0\u9ebc\uff1f\u70ba\u4ec0\u9ebc SPAC \u7a81\u7136\u7206\u7d05\uff1fSPAC \u503c\u5f97\u95dc\u6ce8\u751a\u81f3\u6295\u8cc7\u55ce\uff1f<\/p><p>\u9019\u7bc7\u6587\u7ae0\u8b93\u50f9\u503c\u601d\u7dad\u5b78\u5802\u4ecb\u7d39 SPAC \u7279\u6b8a\u76ee\u7684\u6536\u8cfc\u516c\u53f8\uff0c\u5b83\u7684\u904b\u4f5c\u6a21\u5f0f\u3001\u4e0a\u5e02\u6d41\u7a0b\u3001\u76e3\u7ba1\u898f\u5247\u3001\u6295\u8cc7\u512a\u9ede\u8207\u98a8\u96aa\u3002\u6587\u672b\u9644\u4e0a3\u500b SPAC \u4e0a\u5e02\u7684\u771f\u5be6\u6848\u4f8b\u5206\u4eab\uff01<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42716d5 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"42716d5\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;container&quot;:&quot;.content&quot;,&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-table-of-contents .elementor-toc__header-title{color:var(--header-color)}.elementor-widget-table-of-contents.elementor-toc--collapsed .elementor-toc__toggle-button--collapse,.elementor-widget-table-of-contents:not(.elementor-toc--collapsed) .elementor-toc__toggle-button--expand{display:none}.elementor-widget-table-of-contents .elementor-widget-container{min-height:var(--box-min-height);border:var(--box-border-width,1px) solid var(--box-border-color,#9da5ae);border-radius:var(--box-border-radius,3px);background-color:var(--box-background-color);transition:min-height .4s;overflow:hidden}.elementor-toc__header{display:flex;align-items:center;justify-content:space-between;padding:var(--box-padding,20px);background-color:var(--header-background-color);border-bottom:var(--separator-width,1px) solid var(--box-border-color,#9da5ae)}.elementor-toc__header-title{font-size:18px;margin:0;color:var(--header-color);flex-grow:1}.elementor-toc__toggle-button{cursor:pointer;display:inline-flex}.elementor-toc__toggle-button i{color:var(--toggle-button-color)}.elementor-toc__toggle-button svg{height:1em;width:1em;fill:var(--toggle-button-color)}.elementor-toc__spinner-container{text-align:center}.elementor-toc__spinner{font-size:2em}.elementor-toc__spinner.e-font-icon-svg{height:1em;width:1em}.elementor-toc__body{padding:var(--box-padding,20px);max-height:var(--toc-body-max-height);overflow-y:auto}.elementor-toc__body::-webkit-scrollbar{width:7px}.elementor-toc__body::-webkit-scrollbar-thumb{background-color:#babfc5;border-radius:10px}.elementor-toc__list-wrapper{list-style:none;padding:0}.elementor-toc__list-item{margin-bottom:.5em}.elementor-toc__list-item.elementor-item-active{font-weight:700}.elementor-toc__list-item .elementor-toc__list-wrapper{margin-top:.5em;margin-inline-start:var(--nested-list-indent,1em)}.elementor-toc__list-item-text{transition-duration:var(--item-text-transition-duration)}.elementor-toc__list-item-text:hover{color:var(--item-text-hover-color);-webkit-text-decoration:var(--item-text-hover-decoration);text-decoration:var(--item-text-hover-decoration)}.elementor-toc__list-item-text.elementor-item-active{color:var(--item-text-active-color);-webkit-text-decoration:var(--item-text-active-decoration);text-decoration:var(--item-text-active-decoration)}.elementor-toc__list-item-text-wrapper{display:flex;align-items:center}.elementor-toc__list-item-text-wrapper:before,.elementor-toc__list-item-text-wrapper i{margin-inline-end:8px;color:var(--marker-color)}.elementor-toc__list-item-text-wrapper svg{margin-inline-end:8px;fill:var(--marker-color);height:var(--marker-size,.5em);width:var(--marker-size,.5em)}.elementor-toc__list-item-text-wrapper i{font-size:var(--marker-size,.5em)}.elementor-toc__list-item-text-wrapper:before{font-size:var(--marker-size,1em)}.elementor-toc--content-ellipsis .elementor-toc__list-item-text{white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.elementor-toc__list-items--collapsible>.elementor-toc__list-wrapper>.elementor-toc__list-item>.elementor-toc__list-wrapper{display:none}.elementor-toc__heading-anchor{position:absolute}.elementor-toc__body .elementor-toc__list-item-text{color:var(--item-text-color);-webkit-text-decoration:var(--item-text-decoration);text-decoration:var(--item-text-decoration);transition-duration:var(--item-text-transition-duration)}.elementor-toc__body .elementor-toc__list-item-text:hover{color:var(--item-text-hover-color);-webkit-text-decoration:var(--item-text-hover-decoration);text-decoration:var(--item-text-hover-decoration)}.elementor-toc__body .elementor-toc__list-item-text.elementor-item-active{color:var(--item-text-active-color);-webkit-text-decoration:var(--item-text-active-decoration);text-decoration:var(--item-text-active-decoration)}ol.elementor-toc__list-wrapper{counter-reset:item}ol.elementor-toc__list-wrapper .elementor-toc__list-item{counter-increment:item}ol.elementor-toc__list-wrapper .elementor-toc__list-item-text-wrapper:before{content:counters(item,\".\") \". \"}<\/style>\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\t\u5167\u5bb9\u76ee\u9304\t\t\t<\/h4>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__42716d5\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__42716d5\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div id=\"elementor-toc__42716d5\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-16cc7f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"16cc7f2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5818475\" data-id=\"5818475\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3354acf content elementor-widget elementor-widget-text-editor\" data-id=\"3354acf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b style=\"color: #262262; font-size: 30px; font-style: inherit; font-family: 'Noto Sans TC', sans-serif;\">\u4ec0\u9ebc\u662f SPAC\uff1f<\/b><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u5230\u5e95\u6709\u591a\u7d05\uff1f2020\u5e74\u662f SPAC \u4e0a\u5e02\u7206\u767c\u6027\u6210\u9577\u7684\u4e00\u5e74\u3002<a href=\"https:\/\/spacinsider.com\/stats\/\" target=\"_blank\" rel=\"noopener\">\u6839\u64da SPACInsider \u7684\u6578\u64da<\/a>\uff0c2020\u5e74\u4e00\u5171\u6709248\u5bb6 SPAC \u5728\u7f8e\u570b\u639b\u724c\u4e0a\u5e02\u3002\u66f4\u8a87\u5f35\u7684\u662f\uff0c\u622a\u81f32021\u5e743\u670819\u65e5\uff0c\u5df2\u7d93\u6709276\u5bb6 SPAC \u5728\u7f8e\u570b\u639b\u724c\u4e0a\u5e02\u3002\u77ed\u77ed2\u500b\u534a\u6708\uff0c\u5df2\u7d93\u8d85\u8d8a2020\u5e74\u7684 SPAC \u4e0a\u5e02\u6578\u91cf\uff0c\u5e73\u5747\u6bcf\u5929\u67093.5\u5bb6 SPAC \u516c\u53f8\u4e0a\u5e02\uff0c\u6240\u52df\u96c6\u7684\u7e3d\u8cc7\u91d1\u66f4\u8d85\u904e898\u5104\u7f8e\u5143\u3002\u800c\u9019\u80a1\u760b\u72c2\u71b1\u6f6e\u4ecd\u5728\u7e7c\u7e8c\u3002<\/span><\/p><h6>\u00a0<\/h6><h6><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-8207 aligncenter\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u7f8e\u570bSPAC\u4e0a\u5e02\u6578\u64da.png\" alt=\"\" width=\"940\" height=\"788\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u7f8e\u570bSPAC\u4e0a\u5e02\u6578\u64da.png 940w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u7f8e\u570bSPAC\u4e0a\u5e02\u6578\u64da-300x251.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u7f8e\u570bSPAC\u4e0a\u5e02\u6578\u64da-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/h6><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u5168\u540d\u662fSpecial Purpose Acquisitions Company\uff0c\u4e2d\u6587\u7a31\u70ba\u300c\u7279\u6b8a\u76ee\u7684\u6536\u8cfc\u516c\u53f8\u300d\uff0c\u662f\u7531\u5275\u59cb\u4eba\u5275\u5efa\u7684\u7a7a\u6bbc\u516c\u53f8\u3002\u552f\u4e00\u7684\u76ee\u7684\u662f\u901a\u904e\u300c\u9996\u6b21\u516c\u958b\u767c\u884c\u300d\uff08Initial Public Offering, IPO\uff09\u7c4c\u96c6\u7684\u8cc7\u91d1\u4f86\u6536\u8cfc\u5c1a\u672a\u4e0a\u5e02\u7684\u516c\u53f8\u3002<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>\u7c21\u55ae\u4f86\u8aaa\uff0c SPAC \u53ea\u662f\u4e00\u500b\u7a7a\u6bbc\uff08\u6bbc\u516c\u53f8\uff09\u3002<\/strong>\u5728\u6210\u7acb\u6642\uff0c\u4e26\u6c92\u6709\u5be6\u969b\u904b\u71df\u9805\u76ee\u3001\u6c92\u6709\u7522\u54c1\u3001\u4e0d\u63d0\u4f9b\u4efb\u4f55\u670d\u52d9\uff0c\u4e5f\u4e0d\u8ce3\u4efb\u4f55\u6771\u897f\uff0c\u751a\u81f3\u6c92\u6709\u5be6\u969b\u7684\u6536\u8cfc\u5c0d\u8c61\uff0c\u4e5f\u4e0d\u77e5\u9053\u672a\u4f86\u6536\u8cfc\u6703\u4e0d\u6703\u6210\u529f\u3002<\/span><\/p><blockquote><p><span style=\"font-weight: 400;\">\u300c\u6211\u6210\u7acb\u516c\u53f8\uff0c\u6211\u4e0a\u5e02\u52df\u8cc7\u4e86\uff0c\u53ef\u662f\u6211\u9084\u4e0d\u77e5\u9053\u8981\u8cb7\u4ec0\u9ebc\u3002\u300d\u9019\u5c31\u662fSPAC\u3002<\/span><\/p><\/blockquote><p><span style=\"font-weight: 400;\"><strong>SPAC \u64c1\u6709\u7684\u552f\u4e00\u8cc7\u7522\uff0c\u5c31\u662f\u901a\u904e IPO \u52df\u96c6\u800c\u4f86\u7684\u73fe\u91d1\u3002\u5b83\u5b58\u5728\u7684\u76ee\u7684\uff0c\u5c31\u662f\u50cf\u7375\u4eba\u5728\u5e02\u5834\u5c0b\u627e\u7375\u7269\u2014\u2014\u6709\u6210\u9577\u524d\u666f\u548c\u6f5b\u80fd\u7684\u79c1\u4eba\u516c\u53f8\uff08\u76ee\u6a19\u516c\u53f8\uff09\uff0c\u9032\u884c\u4f75\u8cfc\u3002<\/strong>\u88ab SPAC \u4f75\u8cfc\u7684\u79c1\u4eba\u516c\u53f8\uff0c\u4e0d\u9700\u8981\u901a\u904e\u50b3\u7d71\u7684 IPO\uff0c\u5c31\u80fd\u5920\u501f SPAC \u9019\u500b\u300c\u4e7e\u6de8\u7684\u6bbc\u300d\u639b\u724c\u4e0a\u5e02\uff0c\u4e14\u80fd\u7372\u5f97\u6bbc\u516c\u53f8 SPAC \u7684\u8cc7\u91d1\u62d3\u5c55\u696d\u52d9\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u6295\u8cc7\u8005\u5728 SPAC \u516c\u53f8\u7684 IPO \u52df\u8cc7\u968e\u6bb5\uff0c\u9858\u610f\u82b1\u9322\u6ce8\u8cc7\uff0c\u53ea\u662f\u57fa\u65bc\u4fe1\u4efb\u548c\u7ba1\u7406\u5c64\u958b\u51fa\u7684\u300c\u7a7a\u982d\u627f\u8afe\u300d\u3002<strong>\u6210\u529f\u7684\u5275\u8fa6\u4eba\u548c\u7ba1\u7406\u5718\u968a\uff0c\u662f\u6295\u8cc7\u8005\u8cb7\u55ae SPAC \u7684\u7406\u7531\u3002<\/strong>\u56e0\u6b64\uff0cSPAC \u4e5f\u6709\u7a7a\u767d\u652f\u7968\u516c\u53f8\uff08Blank-Check Company\uff09\u7684\u8aaa\u6cd5\u3002<\/span><\/p><h2><span style=\"color: #262262;\"><b>SPAC \u904b\u4f5c\u6a21\u5f0f\u548c\u4e0a\u5e02\u6d41\u7a0b<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u4e00\u822c\u516c\u53f8\u639b\u724c\u4e0a\u5e02\uff0c\u662f\u5148\u6709\u696d\u52d9\u548c\u696d\u7e3e\u624d\u4e0a\u5e02\u52df\u8cc7\u3002<strong>\u800c SPAC \u516c\u53f8\u5247\u662f\u53cd\u5411\u64cd\u4f5c\uff0c\u5148\u4e0a\u5e02\u52df\u8cc7\uff0c\u518d\u7269\u8272\u76ee\u6a19\u516c\u53f8\u3002<\/strong><\/span><\/p><p><span style=\"font-weight: 400;\">\u6bd4\u8d77\u50b3\u7d71\u7684IPO\u4e0a\u5e02\u548c\u76f4\u63a5\u4e0a\u5e02\uff0cSPAC \u53ef\u4ee5\u7701\u7565\u8a31\u591a\u6b65\u9a5f\u4ee5\u53ca\u8cbb\u7528\uff0c\u901a\u5e38\u57282\u5e74\u6642\u9593\u5167\u5b8c\u6210\u6574\u500b\u4f75\u8cfc\u9805\u76ee\u3002\u5047\u5982\u7121\u6cd5\u572824\u500b\u6708\u5167\u9054\u6210\u4f75\u8cfc\uff0cSPAC \u5c07\u88ab\u8feb\u6e05\u7b97\u89e3\u6563\uff0c\u5c07\u8cc7\u91d1\u6b78\u9084\u7d66\u6295\u8cc7\u8005\u3002\u6295\u8cc7\u8005\u5c07\u6703\u62ff\u56de\u6295\u8cc7\u7684\u8cc7\u91d1\u4ee5\u53ca\u5229\u606f\u3002<\/span><\/p><h2><span style=\"color: #262262;\"><b>SPAC \u9435\u4e09\u89d2<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u7684\u904b\u4f5c\u4e3b\u8981\u6d89\u53ca\u4e09\u5927\u89d2\u8272\uff1a<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>1. SPAC \u516c\u53f8<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u7531\u767c\u8d77\u4eba\u6216\u5275\u59cb\u4eba\u6210\u7acb SPAC \u516c\u53f8\uff0c\u901a\u5e38\u662f\u8cc7\u6df1\u6295\u8cc7\u8005\u3001\u5546\u754c\u77e5\u540d\u4eba\u58eb\u548c\u6709\u7d93\u9a57\u7684\u7ba1\u7406\u5718\u968a\uff0c\u88ab\u7a31\u70ba Sponsor Team\u3002\u4ed6\u5011\u6703\u5148\u51fa\u8cc7\u6210\u7acb SPAC \u516c\u53f8\u548c\u8a8d\u8cfc\u512a\u5148\u80a1\u3002\u4e00\u500b\u6210\u529f\u7684 SPAC \u516c\u53f8\u80cc\u5f8c\uff0c\u4e00\u5b9a\u6703\u6709\u5be6\u529b\u5f37\u5927\u7684\u5c08\u696d\u7ba1\u7406\u5718\u968a\u3002\u56e0\u70ba SPAC \u516c\u53f8\u4e26\u6c92\u6709\u5be6\u969b\u696d\u52d9\uff0c\u6295\u8cc7\u8005\u8cb7\u55ae\u7684\uff0c\u6070\u6070\u5c31\u662f\u9019\u500b\u5718\u968a\u7684\u80fd\u529b\u548c\u7d93\u9a57<\/span><\/p><p><span style=\"font-weight: 400;\">\u50cf\u9ad8\u76db\u3001\u82b1\u65d7\u3001\u6469\u6839\u58eb\u4e39\u5229\u7b49\u77e5\u540d\u6295\u884c\u767c\u8d77\u7684 SPAC\uff0c\u5728 IPO \u6642\u767c\u884c\u7684\u55ae\u4f4d\u5f88\u5feb\u5c31\u88ab\u6436\u552e\u4e00\u7a7a\u3002\u56e0\u70ba\u6295\u8cc7\u8005\u76f8\u4fe1\u9019\u4e9b\u5c08\u696d\u7684\u6a5f\u69cb\u80fd\u5e36\u8457\u4ed6\u5011\u4e00\u8d77\u8cfa\u9322\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>2. \u76ee\u6a19\u516c\u53f8<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u516c\u53f8\u5c07\u6703\u6ce8\u8cc7\u4f75\u8cfc\u7684\u672a\u4e0a\u5e02\u516c\u53f8\uff0c\u6709\u5de8\u5927\u7684\u767c\u5c55\u6f5b\u529b\u548c\u826f\u597d\u7684\u6210\u9577\u524d\u666f\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u8209\u500b\u4f8b\u5b50\uff0cFacebook \u7684\u7b2c\u4e00\u500b\u5916\u90e8\u6295\u8cc7\u8005\u517c PayPal \u806f\u5408\u5275\u8fa6\u4eba Peter Thiel\uff0c\u548c\u674e\u5609\u8aa0\u7684\u5152\u5b50\u674e\u6fa4\u6977\u4e00\u8d77\u5275\u7acb\u4e86 Bridgetown Holdings\uff08BTWN\uff09\u7684 SPAC \u516c\u53f8\uff0c\u76ee\u6a19\u662f\u6536\u8cfc\u5370\u5c3c\u6700\u5927\u7684\u96fb\u5546\u516c\u53f8\uff0c\u6709\u6771\u5357\u4e9e\u5c0f\u963f\u91cc\u5df4\u5df4\u4e4b\u7a31\u7684 Tokopedia\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><strong><span style=\"color: #0096ff;\">3. \u516c\u773e\u6295\u8cc7\u8005<\/span><\/strong><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u548c\u666e\u901a\u8a8d\u8cfc IPO \u516c\u53f8\u4e00\u6837\uff0c\u516c\u773e\u6295\u8cc7\u8005\u6703\u53c3\u8207\u6295\u8cc7\uff0c\u8a8d\u8cfc SPAC \u516c\u53f8\u7684 IPO \u55ae\u4f4d\uff08Unit\uff09\u3002\u6bcf\u4e00\u500b\u55ae\u4f4d\u7531\u300c\u666e\u901a\u80a1\u300d\uff08Common Stock\uff09\u548c\u6191\u55ae\uff08Warrant\uff09\u7d44\u6210\u3002\u4e00\u822c\u4e0a\u6bcf\u4e00\u500b\u55ae\u4f4d\u7684\u50f9\u683c\u662f10\u7f8e\u5143\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u7576\u7136\uff0c\u51e1\u4e8b\u90fd\u6709\u4f8b\u5916\u3002\u83ef\u723e\u8857\u77e5\u540d\u5c0d\u6c96\u57fa\u91d1\u7d93\u7406\u4eba Bill Ackman \u65d7\u4e0b\u7684 SPAC \u516c\u53f8 Pershing Square Tontine Holdings \u7684 IPO \u55ae\u4f4d\u5b9a\u50f9\u662f20\u7f8e\u5143\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">SPAC \u516c\u53f8\u5b8c\u6210 IPO \u4e0a\u5e02\u5f8c\uff0c\u300c\u55ae\u4f4d\u300d\u4fbf\u6703\u62c6\u5206\u6210\u666e\u901a\u80a1\u548c\u6191\u55ae\uff0c\u6295\u8cc7\u8005\u53ef\u4ee5\u5728\u5e02\u5834\u4ea4\u6613\u300c\u55ae\u4f4d\u300d\uff0c\u6216\u662f\u55ae\u7368\u4ea4\u6613\u666e\u901a\u80a1\u6216\u6191\u55ae\u3002\u56e0\u6b64\uff0c\u7576 SPAC \u516c\u53f8\u4f75\u8cfc\u5f8c\uff0c\u80a1\u50f9\u4e0a\u6f32\uff0c\u6295\u8cc7\u8005\u4e0d\u4f46\u5f9e\u666e\u901a\u80a1\u7684\u50f9\u5dee\u7372\u5f97\u6536\u76ca\uff08Capital Gain\uff09\uff0c\u4e5f\u80fd\u901a\u904e\u6191\u55ae\u5f97\u5230\u984d\u5916\u7684\u5229\u6f64\u3002<\/span><\/p><h2><span style=\"color: #262262;\"><b>SPAC \u4e0a\u5e02\u6d41\u7a0b<\/b><\/span><\/h2><h6>\u00a0<\/h6><h6><img decoding=\"async\" class=\"alignnone size-full wp-image-8205\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557.png\" alt=\"SPAC\u4e0a\u5e02\u6d41\u7a0b\" width=\"1920\" height=\"768\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557.png 1920w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557-300x120.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557-1024x410.png 1024w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557-768x307.png 768w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/SPAC\u4e0a\u5e02\u6d41\u7a0b-e1616295871557-1536x614.png 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/h6><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u7684\u4e0a\u5e02\u6d41\u7a0b\u662f\uff1a<\/span><\/p><p><span style=\"font-weight: 400;\">\u767c\u8d77\u4eba\u6216\u5275\u59cb\u4eba\u6210\u7acb SPAC\u516c\u53f8\uff08\u7a7a\u6bbc\u516c\u53f8\uff09&gt;&gt; SPAC \u516c\u53f8\u9032\u884c IPO \u4e0a\u5e02\uff0c\u5c0d\u5916\u52df\u96c6\u8cc7\u91d1 &gt;&gt; \u6295\u8cc7\u8005\u8a8d\u8cfc\u300c\u55ae\u4f4d\u300d&gt;&gt; SPAC \u516c\u53f8\u6210\u529f\u4e0a\u5e02\uff0c\u958b\u59cb\u5c0b\u627e\u8981\u4f75\u8cfc\u7684\u76ee\u6a19\u516c\u53f8 &gt;&gt; SPAC \u80a1\u6771\u6295\u7968\u540c\u610f &gt;&gt; \u4f75\u8cfc\u76ee\u6a19\u516c\u53f8\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">\u9664\u4e86\u7f8e\u570b\u7684\u7d10\u4ea4\u6240\u548c\u90a3\u65af\u9054\u514b\uff0c<a href=\"https:\/\/www.reuters.com\/article\/hk-spac-ipo-rule-0302-idCNKCS2AU0IX\" target=\"_blank\" rel=\"noopener\">\u9999\u6e2f<\/a>\u548c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-18\/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year\" target=\"_blank\" rel=\"noopener\">\u65b0\u52a0\u5761\u4ea4\u6613\u6240<\/a>\u90fd\u5728\u8003\u616e\u958b\u653e SPAC\u4e0a\u5e02\u3002<\/span><\/p><h6>\u00a0<\/h6><h6><img decoding=\"async\" class=\"size-full wp-image-8212 aligncenter\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/Regulation.png\" alt=\"Regulation\" width=\"780\" height=\"519\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/Regulation.png 780w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/Regulation-300x200.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/Regulation-768x511.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/h6><p>\u00a0<\/p><h2><span style=\"color: #262262;\"><b>SPAC \u76e3\u7ba1\u898f\u5247<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u7f8e\u570b\u4ea4\u6613\u6240\u5c0d<a href=\"https:\/\/www.sec.gov\/rules\/sro\/nasdaq\/2021\/34-90995.pdf\" target=\"_blank\" rel=\"noopener\"> SPAC \u516c\u53f8\u7684\u76e3\u7ba1\u898f\u5247<\/a>\u5305\u62ec\uff1a<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SPAC \u5fc5\u9808\u5c07\u8d85\u904e90%\u7684 IPO \u8cc7\u91d1\u5b58\u653e\u5728\u4fe1\u8a17\u8cec\u6236\uff08Trust Account\uff09<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SPAC \u5fc5\u9808\u5728\u4e0a\u5e02\u768424\u500b\u6708\u5167\u5b8c\u6210\u4f75\u8cfc<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5047\u5982\u6c92\u6709\u5b8c\u6210\uff0cSPAC \u5c07\u88ab\u8feb\u6e05\u76e4\uff0c\u5c07\u4fe1\u8a17\u8cec\u6236\u5167\u7684\u8cc7\u91d1\uff0c\u9644\u5e36\u5229\u606f100%\u6b78\u9084\u7d66\u6295\u8cc7\u8005<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u4f75\u8cfc\u4ea4\u6613\u5fc5\u9808\u7372\u5f97SPAC \u7684\u5927\u90e8\u5206\u80a1\u6771\u6295\u7968\u652f\u6301\uff0c\u5168\u9ad4\u80a1\u6771\u90fd\u6709\u6295\u7968\u6b0a\u5229<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u80a1\u6771\u6709\u6b0a\u5229\u8d16\u56de\u4ed6\u6240\u6301\u6709\u7684 SPAC \u80a1\u6b0a\uff0c\u5c07\u80a1\u6b0a\u8f49\u63db\u70ba\u73fe\u91d1<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">\u60f3\u4e86\u89e3\u66f4\u591a SPAC \u4e0a\u5e02\u7279\u9ede\uff0c\u53ef\u4ee5\u67e5\u770b<a href=\"https:\/\/www.sec.gov\/oiea\/investor-alerts-and-bulletins\/what-you-need-know-about-spacs-investor-bulletin\" target=\"_blank\" rel=\"noopener\">\u7f8e\u570b\u8b49\u5238\u4ea4\u6613\u59d4\u54e1\u6703\uff08SEC\uff09<\/a>\u76f8\u95dc\u5167\u5bb9\u3002<\/span><\/p><h2><span style=\"color: #262262;\"><b>\u70ba\u4ec0\u9ebc\u9078\u64c7SPAC\u4e0a\u5e02\uff1f\u5b83\u76843\u5927\u512a\u52e2\uff01<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u9019\u88cf\u7c21\u55ae\u8aaa\u4e00\u4e0b SPAC\u4e0a\u5e02\u76843\u5927\u7279\u9ede\uff1a<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>1. \u4e0a\u5e02\u901f\u5ea6\u66f4\u5feb\uff0c\u53ef\u7bc0\u7701\u6642\u9593\u548c\u6210\u672c<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u7531\u65bc SPAC \u6c92\u6709\u71df\u904b\u7684\u696d\u52d9\uff0c\u76f8\u7b49\u65bc\u4e00\u5f35\u767d\u7d19\uff0c\u5728\u7533\u8acb SPAC IPO \u4e0a\u5e02\u6642\u6240\u9700\u8981\u6e96\u5099\u7684\u8cc7\u6599\u975e\u5e38\u7c21\u55ae\uff0c\u6574\u500b IPO \u904e\u7a0b\u6700\u77ed\u53ef\u4ee5\u5728\u516b\u500b\u661f\u671f\u5167\u5b8c\u6210\u3002\u76f8\u53cd\u5730\uff0c\u50b3\u7d71\u516c\u53f8\u55ae\u55ae\u662f\u6e96\u5099\u8ca1\u52d9\u5831\u8868\u90fd\u53ef\u80fd\u9700\u8981\u597d\u5e7e\u500b\u6708\u4e86\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u5c0d\u88ab\u4f75\u8cfc\u7684\u516c\u53f8\u4f86\u8aaa\uff0c\u900f\u904e SPAC\u00a0\u4e0a\u5e02\uff0c\u53ef\u4ee5\u7701\u7565\u4e2d\u9593\u9078\u64c7\u4ef2\u4ecb\u6a5f\u69cb\u3001\u5411 SEC \u548c\u4ea4\u6613\u6240\u63d0\u51fa\u7533\u8acb\u548c\u8cc7\u6599\u3001\u8207\u5927\u91cf\u7684\u6295\u8cc7\u6a5f\u69cb\u9032\u884c\u5de1\u8ff4\u8def\u6f14\u3001\u5b9a\u50f9\u7b49\u7e41\u7463\u7684\u7a0b\u5e8f\uff0c\u5c07\u6574\u500b\u4e0a\u5e02\u904e\u7a0b\u7e2e\u77ed\u62104\u81f36\u500b\u6708\u6642\u9593\u3002\u800c\u4e14\u4e0a\u5e02\u8cbb\u7528\u4e5f\u6bd4\u50b3\u7d71\u4e0a\u5e02\u4f4e\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u65e2\u53ef\u4ee5\u7bc0\u7701\u6642\u9593\uff0c\u53c8\u53ef\u4ee5\u7bc0\u7701\u6210\u672c,\u516c\u53f8\u7ba1\u7406\u5c64\u4fbf\u6709\u66f4\u591a\u7684\u6642\u9593\u548c\u7cbe\u529b\u5c08\u6ce8\u5728\u767c\u5c55\u516c\u53f8\u7684\u696d\u52d9\u4e0a\uff0c\u70ba\u6295\u8cc7\u8005\u5e36\u4f86\u66f4\u5927\u7684\u50f9\u503c\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>2. \u8cc7\u91d1\u6709\u4fdd\u969c<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u5728\u6536\u8cfc\u76ee\u6a19\u516c\u53f8\u524d\u5df2\u7d93\u901a\u904e IPO \u5728\u6295\u8cc7\u8005\u8eab\u4e0a\u62ff\u5230\u4e86\u5927\u7b46\u8cc7\u91d1\uff0c\u56e0\u6b64\u76ee\u6a19\u516c\u53f8\u9664\u4e86\u53ef\u4ee5\u7bc0\u7701\u4e00\u7b46\u4e0a\u5e02\u8cbb\u7528\uff0c\u9084\u53ef\u4ee5\u5f9e SPAC \u516c\u53f8\u7372\u53d6\u8cc7\u91d1\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>3. \u516c\u53f8\u4f30\u503c\u66f4\u70ba\u5f48\u6027<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u76ee\u6a19\u516c\u53f8\u53ef\u4ee5\u548c SPAC \u516c\u53f8\u8ac7\u5224\uff0c\u7372\u5f97\u5c0d\u516c\u53f8\u6700\u6709\u5229\u7684\u4f30\u503c\u3002\u50b3\u7d71 IPO \u4e0a\u5e02\u7684\u516c\u53f8\uff0c\u5b9a\u50f9\u5f80\u5f80\u6703\u53d7\u5230\u7d93\u6fdf\u4e0d\u7406\u60f3\uff0c\u4ee5\u53ca\u5e02\u5834\u74b0\u5883\u7684\u56e0\u7d20\u5f71\u97ff\uff0c\u6700\u5f8c\u7684\u5b9a\u50f9\u53ef\u80fd\u548c\u516c\u53f8\u771f\u6b63\u7684\u5167\u5728\u50f9\u503c\u6709\u4e00\u6bb5\u8ddd\u96e2\uff0c\u7d50\u679c\u8b93\u516c\u53f8\u767d\u767d\u932f\u904e\u901a\u904e\u4e0a\u5e02\u5f97\u5230\u4e00\u5927\u7b46\u8cc7\u91d1\u4f86\u767c\u5c55\u516c\u53f8\u7684\u6a5f\u6703\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u8209\u500b\u4f8b\u5b50\uff0c\u4ee5 A \u516c\u53f8\u7684\u5167\u5728\u50f9\u503c\uff0c\u4e0a\u5e02\u9810\u8a08\u53ef\u4ee5\u7c4c\u96c680\u5104\u7f8e\u5143\u3002\u7d50\u679c\u56e0\u70ba\u5404\u7a2e\u5e02\u5834\u56e0\u7d20\uff0c\u5e02\u5834\u5c0d A \u516c\u53f8\u7684\u4f30\u503c\u53ea\u670950\u5104\u7f8e\u5143\u3002\u63db\u53e5\u8a71\u8aaa\uff0cA \u516c\u53f8\u932f\u5931\u4e86\u984d\u591630\u5104\u7f8e\u5143\u7684\u8cc7\u91d1\u3002\u9019\u4e5f\u662f\u70ba\u4ec0\u9ebc\u6709\u8d8a\u4f86\u8d8a\u591a\u516c\u53f8\u66f4\u559c\u6b61\u4ee5 SPAC \u4e0a\u5e02\uff0c\u56e0\u70ba\u51e1\u4e8b\u90fd\u597d\u8ac7\u3002<\/span><\/p><h6>\u00a0<\/h6><h6><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8213 aligncenter\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u75ab\u60c5\u5f71\u97ff\u5e02\u5834\u52d5\u76ea.png\" alt=\"\u75ab\u60c5\u5f71\u97ff\u5e02\u5834\u52d5\u76ea\" width=\"780\" height=\"519\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u75ab\u60c5\u5f71\u97ff\u5e02\u5834\u52d5\u76ea.png 780w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u75ab\u60c5\u5f71\u97ff\u5e02\u5834\u52d5\u76ea-300x200.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/\u75ab\u60c5\u5f71\u97ff\u5e02\u5834\u52d5\u76ea-768x511.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/h6><p>\u00a0<\/p><h2><span style=\"color: #262262;\"><b>SPAC<\/b><\/span><span style=\"color: #262262;\"><b>\u56e0\u70ba\u75ab\u60c5<\/b><\/span><span style=\"color: #262262;\"><b>\u7a7a\u524d\u706b\u71b1\uff1f<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC\u5728\u7f8e\u570b\u5df2\u7d93\u6709\u8d85\u904e\u4e09\u5341\u5e74\u6b77\u53f2\uff0c90\u5e74\u4ee3\u5df2\u7d93\u5728\u7f8e\u570b\u958b\u59cb\u8208\u8d77\u3002\u4f46\u662f\u76f4\u52302020\u5e74\uff0cSPAC\u7a81\u7136\u7206\u7d05\uff0c\u5728\u75ab\u60c5\u7206\u767c\u7684\u4e00\u5e74\u5167\uff0c\u7e3d\u5171\u52df\u96c6\u4e86833\u5104\u7f8e\u5143\u7684\u8cc7\u91d1\uff0c\u901a\u904e SPAC \u4e0a\u5e02\u7684\u516c\u53f8\u6578\u91cf\u662f2019\u5e74\u76843\u500d\u3002<\/span><\/p><blockquote><p><span style=\"font-weight: 400;\">\u5e02\u5834\u63a8\u6e2c\u80cc\u5f8c\u7684\u96b1\u5f62\u63a8\u624b\u6b63\u662f\u75ab\u60c5\u3002<\/span><\/p><\/blockquote><p><span style=\"font-weight: 400;\">\u75ab\u60c5\u5c0e\u81f4\u5e02\u5834\u975e\u5e38\u4e0d\u7a69\u5b9a\uff0c\u8a31\u591a\u539f\u672c\u8a08\u5283\u4e0a\u5e02\u7684\u516c\u53f8\u5728\u5927\u74b0\u5883\u5f71\u97ff IPO \u4f30\u503c\u7684\u64d4\u6182\u4e0b\uff0c\u653e\u5f03\u50b3\u7d71 IPO \u800c\u9078\u64c7 SPAC \u4e0a\u5e02\uff0c\u8b93\u516c\u53f8\u53ef\u4ee5\u5728\u66f4\u77ed\u6642\u9593\u5167\u6210\u529f\u4e0a\u5e02\u3002\u518d\u52a0\u4e0a\u8a31\u591a\u5927\u578b\u6a5f\u69cb\u6295\u8cc7\u4eba\u3001\u77e5\u540d\u7684\u4f01\u696d\u5bb6\u90fd\u7d1b\u7d1b\u5165\u5834 SPAC\uff0c\u6709\u5927\u4f6c\u5011\u7684\u52a0\u6301\uff0c\u624d\u6703\u8b93 SPAC \u9006\u52e2\u6210\u9577\uff0c\u5f62\u6210\u4e00\u80a1\u72c2\u71b1\u98a8\u6f6e\u3002<\/span><\/p><h2><span style=\"color: #262262;\"><b>SPAC \u4e0a\u5e02\u5c0d\u88ab\u4f75\u8cfc\u516c\u53f8\u597d\u8655\u591a\u591a\uff0c\u5c0d\u6295\u8cc7\u8005\u5462\uff1f<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u5c0d\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u6295\u8cc7 SPAC \u540c\u6a23\u5145\u6eff\u4e86\u5438\u5f15\u529b\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><strong><span style=\"color: #0096ff;\">1. \u6295\u8cc7\u98a8\u96aa\u8f03\u5c0f<\/span><\/strong><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u524d\u9762\u63d0\u904e\uff0cSPAC \u4e0a\u5e02\u5f8c\u5fc5\u9808\u572824\u500b\u6708\u5167\u5b8c\u6210\u6536\u8cfc\u76ee\u6a19\u516c\u53f8\u7684\u52d5\u4f5c\u3002\u5047\u5982\u4f75\u8cfc\u5931\u6557\uff0c\u5c31\u8981\u9023\u672c\u5e36\u5229\u9084\u7d66\u6295\u8cc7\u8005\u3002\u800c\u4e14\uff0c\u9019\u7b46\u8cc7\u91d1\u5728\u9019\u5169\u5e74\u90fd\u6703\u5b58\u653e\u5728\u7b2c\u4e09\u65b9\u8a17\u7ba1\u8cec\u6236\uff0c\u8cc7\u91d1\u7684\u5b89\u5168\u6027\u76f8\u5c0d\u6709\u4fdd\u969c\u3002\u5982\u679c\u4e0d\u6eff\u610f SPAC \u7684\u4f75\u8cfc\u5c0d\u8c61\uff0c\u9084\u53ef\u4ee5\u96a8\u6642\u8d16\u56de\u81ea\u5df1\u7684\u6295\u8cc7\u8cc7\u672c\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u7c21\u55ae\u4f86\u8aaa\uff0c\u6295\u8cc7\u8005\u53ea\u662f\u4ed8\u51fa\u4e86\u4e00\u9ede\u6642\u9593\u6210\u672c\u548c\u6a5f\u6703\u6210\u672c\uff0c\u6295\u8cc7\u98a8\u96aa\u8f03\u5c0f\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><strong><span style=\"color: #0096ff;\">2. \u6709\u5c08\u696d\u6295\u8cc7\u5718\u968a\u5e6b\u5fd9\u300c\u589e\u503c\u8ca1\u5bcc\u300d<\/span><\/strong><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u516c\u53f8\u7684\u767c\u8d77\u5718\u968a\u5177\u6709\u8c50\u5bcc\u6295\u8cc7\u7d93\u9a57\uff0c\u628a\u9322\u6295\u8cc7\u5728 SPAC \u516c\u53f8\uff0c\u76f8\u7b49\u65bc\u8acb\u9019\u4e9b\u5927\u795e\u66ff\u4f60\u9078\u64c7\u6709\u6f5b\u529b\u7684\u4f75\u8cfc\u5c0d\u8c61\uff0c\u5e6b\u4f60\u8cfa\u9322\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u6b64\u5916\uff0cSPAC \u516c\u53f8\u5728\u6210\u529f\u5b8c\u6210\u4f75\u8cfc\u4e4b\u524d\uff0c\u4e26\u4e0d\u6703\u652f\u4ed8\u4efb\u4f55\u7ba1\u7406\u8cbb\u6216\u85aa\u6c34\u7d66\u9019\u4e9b\u5275\u59cb\u4eba\u3002\u4e00\u822c\u4e0a\uff0c\u5728 SPAC \u5b8c\u6210 IPO \u5f8c\uff08\u9084\u6c92\u6709\u4f75\u8cfc\u516c\u53f8\uff09\uff0c\u5275\u59cb\u4eba\u6703\u6536\u5230 20%\u7684 SPAC \u666e\u901a\u80a1\u80a1\u4efd\u4f5c\u70ba\u5831\u916c\u3002\u4f46\u662f\uff0c\u5047\u5982\u5728\u5169\u5e74\u5167\u6c92\u6709\u6210\u529f\u4f75\u8cfc\u516c\u53f8\uff0c\u9019\u4e9b\u5927\u795e\u5c31\u662f\u767d\u5fd9\u4e00\u5834\uff1b\u6216\u8005\u4f75\u8cfc\u4e86\u7d20\u8cea\u4e0d\u597d\u7684\u516c\u53f8\uff0c\u5c0e\u81f4\u4f75\u8cfc\u4e0a\u5e02\u5f8c\uff0c\u80a1\u50f9\u8868\u73fe\u4e0d\u597d\uff0c\u4e5f\u540c\u6a23\u6703\u5f71\u97ff\u4ed6\u5011\u7684\u6295\u8cc7\u56de\u916c\u3002<\/span><\/p><blockquote><p><span style=\"font-weight: 400;\">\u5fd9\u4e86\u4e00\u8f2a\u537b\u8cfa\u4e0d\u5230\u5927\u9322\uff0c\u80af\u5b9a\u4e0d\u662f\u5275\u59cb\u4eba\u6a02\u65bc\u770b\u898b\u7684\u7d50\u679c\u3002\u56e0\u6b64\uff0c\u4ed6\u5011\u7684\u5229\u76ca\u548c\u6295\u8cc7\u8005\u662f\u4e00\u81f4\u7684\u3002<\/span><\/p><\/blockquote><p><span style=\"font-weight: 400;\">\u70ba\u4e86\u8cfa\u9322\uff0c\u5275\u59cb\u4eba\u6703\u7a4d\u6975\u53bb\u5c0b\u627e\u512a\u79c0\u7684\u4f75\u8cfc\u5c0d\u8c61\u3002\u5c0d\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u6295\u8cc7\u7684\u98a8\u96aa\u4fbf\u5927\u5927\u964d\u4f4e\u4e86\u3002<\/span><\/p><h6>\u00a0<\/h6><h6><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8214 aligncenter\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/RISK.png\" alt=\"RISK\" width=\"780\" height=\"519\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/RISK.png 780w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/RISK-300x200.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/03\/RISK-768x511.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/h6><p>\u00a0<\/p><h2><span style=\"color: #262262;\"><b>\u6295\u8cc7SPAC\u771f\u7684\u7a69\u8cfa\u4e0d\u8ce0\uff1f\u544a\u8a34\u4f60\u5e02\u5834\u72c2\u71b1\u80cc\u5f8c\u7684\u98a8\u96aa\uff01<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u5982\u679c\u6709\u4e00\u500b\u4eba\u7a81\u7136\u544a\u8a34\u4f60\uff0c\u624b\u4e0a\u6709\u4e00\u500b\u7a69\u8cfa\u4e0d\u8ce0\u7684\u6295\u8cc7\u8a08\u756b\uff0c\u90a3\u4ed6\u4e00\u5b9a\u662f\u5728\u6b3a\u9a19\u4f60\u3002<\/span><\/p><blockquote><p><span style=\"font-weight: 400;\">\u6a5f\u9047\u8207\u98a8\u96aa\u4e26\u5b58\uff0c\u9019\u662f\u8cc7\u672c\u5e02\u5834\u7684\u9435\u5f8b\u3002<\/span><\/p><\/blockquote><p><span style=\"font-weight: 400;\">\u6240\u6709\u7684\u6295\u8cc7\u90fd\u4f34\u96a8\u8457\u4e00\u5b9a\u7684\u98a8\u96aa\u3002\u6295\u8cc7 SPAC \u7a69\u8cfa\u4e0d\u8ce0\uff0c\u6c92\u6709\u98a8\u96aa\u662f\u4e0d\u53ef\u80fd\u7684\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u80a1\u795e\u5df4\u83f2\u7279\u7684\u8001\u642d\u6a94\uff0c<a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/charlie-munger-spac-bubble-mania-investment-stock-market-buffett-berkshire-2021-2-1030120141\" target=\"_blank\" rel=\"noopener\">\u67e5\u7406\u00b7\u8292\u683c\u65e9\u524d\u76f4\u8a00\u300c\u9019\u500b\u4e16\u754c\u6c92\u6709SPAC\u6703\u66f4\u597d\u300d<\/a>\u3002\u4ed6\u8a8d\u70ba\u73fe\u5728SPAC\u7684\u71b1\u6f6e\u662f\u4e00\u7a2e\u760b\u72c2\u7684\u6295\u6a5f\u884c\u70ba\uff0c\u4e26\u76f4\u8a00\u5b83\u6703\u4ee5\u4e00\u7a2e\u7cdf\u7cd5\u7684\u65b9\u5f0f\u7d50\u675f\u9019\u6bb5\u8f1d\u714c\u65e5\u5b50\uff08SPAC craze &#8220;must end badly&#8221;\uff09\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u4e0b\u9762\u6211\u5011\u4f86\u770b\u770b\u6295\u8cc7 SPAC \u6709\u54ea\u4e9b\u98a8\u96aa\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><strong>1. \u5be9\u67e5\u5bec\u9b06<\/strong><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC\u7684\u7279\u9ede\u662f\u5feb\u901f\u4e0a\u5e02\uff0c\u4e0d\u7d93\u904e\u5197\u9577\u7684\u6b63\u5e38\u7a0b\u5e8f\uff0c\u6d41\u7a0b\u6bd4 IPO \u548c\u501f\u6bbc\u4e0a\u5e02\u90fd\u7c21\u55ae\u3002\u9019\u6070\u6070\u4e5f\u662f SPAC \u7684\u98a8\u96aa\u3002\u56e0\u70ba\uff0c\u901a\u904e SPAC \u4e0a\u5e02\u7684\u76ee\u6a19\u516c\u53f8\u6210\u529f\u7e5e\u904e\u4e86\u50b3\u7d71 IPO \u56b4\u683c\u7684\u5be9\u67e5\uff0c\u751a\u81f3\u6709\u53ef\u80fd\u6210\u70ba\u6c92\u6709\u76c8\u5229\uff0c\u4f46\u662f\u6025\u9700\u8cc7\u91d1\uff0c\u6216\u8005\u6709\u8907\u96dc\u7d93\u71df\u6b77\u53f2\u7684\u516c\u53f8\u5feb\u901f\u4e0a\u5e02\u7684\u624b\u6bb5\u3002<\/span><\/p><h6>\u00a0<\/h6><h3><strong><span style=\"color: #0096ff;\">2. \u76f2\u76ee\u7684\u540d\u4eba\u6548\u61c9<\/span><\/strong><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u5f88\u591a\u6295\u8cc7\u8005\u6703\u57fa\u65bc SPAC \u7684\u5275\u59cb\u4eba\u548c\u7ba1\u7406\u5718\u968a\u7684\u6295\u8cc7\u80fd\u529b\u800c\u6c7a\u5b9a\u6295\u8cc7\u3002\u9019\u4e00\u9ede\u548c\u6295\u8cc7\u57fa\u91d1\u3001ETF\u985e\u4f3c\u3002\u4f46\u662f\uff0c\u6709\u6c92\u6709\u60f3\u904e\uff0c\u4ed6\u5011\u662f\u4e0d\u662f\u771f\u7684\u80fd\u5920\u4e0d\u8ca0\u773e\u671b\uff1f<\/span><\/p><p><span style=\"font-weight: 400;\">\u6295\u8cc7\u8005\u5728\u8cb7\u5165 SPAC \u7684 IPO \u80a1\u7968\u6642\uff0c\u6839\u672c\u4e0d\u77e5\u9053 SPAC \u6700\u7d42\u6703\u6536\u8cfc\u4ec0\u9ebc\u516c\u53f8\uff0c\u66f4\u6789\u8ad6\u516c\u53f8\u7684\u8ca1\u52d9\u4fe1\u606f\u3001\u696d\u52d9\u524d\u666f\u7b49\u7b49\uff0c\u53ea\u80fd\u6839\u64da\u5927\u795e\u5011\u7684\u904e\u5f80\u696d\u7e3e\u4f86\u8a55\u4f30\u6709\u6c92\u6709\u6295\u8cc7\u50f9\u503c\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u96d6\u7136\u8aaa\u5275\u59cb\u4eba\u548c\u6295\u8cc7\u8005\u7684\u5229\u76ca\u4e00\u81f4\uff0c\u90fd\u662f\u70ba\u4e86\u8cfa\u9322\u3002<strong>\u4e0d\u904e\uff0cSPAC \u5fc5\u9808\u5728\u5169\u5e74\u6642\u9593\u5b8c\u6210\u4f75\u8cfc\u52d5\u4f5c\uff0c\u6709\u6642\u9593\u4e0a\u7684\u58d3\u529b\u3002\u5982\u679c\u5728\u6700\u5f8c\u671f\u9650\u524d\u4ecd\u7136\u6c92\u6709\u627e\u5230\u5408\u9069\u7684\u76ee\u6a19\u516c\u53f8\uff0c\u4f46\u662f\u56e0\u70ba\u524d\u671f\u5df2\u7d93\u6295\u5165\u4e86\u5927\u91cf\u7684\u8cc7\u91d1\u3001\u6642\u9593\u548c\u7cbe\u529b\uff0c\u5275\u59cb\u4eba\u6709\u53ef\u80fd\u4e0d\u9858\u610f\u767d\u5fd9\u4e00\u5834\uff0c\u800c\u627e\u4e00\u500b\u8cea\u91cf\u4e0d\u9054\u6a19\u7684\u516c\u53f8\u4f86\u5b8c\u6210\u4f75\u8cfc\u4e0a\u5e02\u3002<\/strong><\/span><\/p><p><span style=\"font-weight: 400;\">\u5047\u5982\u6295\u8cc7\u8005\u4e0d\u4e86\u89e3\u88ab\u4f75\u8cfc\u516c\u53f8\u7684\u4fe1\u606f\uff0c\u7121\u6cd5\u5224\u65b7\u9019\u5bb6\u516c\u53f8\u5230\u5e95\u662f\u4e0d\u662f\u597d\u7684\u6295\u8cc7\u5c0d\u8c61\uff0c\u7576\u65b0\u4e0a\u5e02\u516c\u53f8\u7684\u80a1\u50f9\u8868\u73fe\u4e0d\u7406\u60f3\uff0c\u4fbf\u6703\u640d\u5bb3\u6295\u8cc7\u8005\u7684\u5229\u76ca\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u56e0\u6b64\uff0c\u5982\u679c\u4f60\u56e0\u70ba\u5e02\u5834\u71b1\u6f6e\uff0c\u88ab\u5bb3\u6015\u932f\u904e\uff08FOMO\uff09\u7684\u5fc3\u614b\u9a45\u4f7f\uff0c\u6c7a\u5b9a\u9032\u5834\u6295\u8cc7 SPAC \u516c\u53f8\uff0c<strong>\u5efa\u8b70\u4f60\u5148\u505c\u4e00\u505c\u3001\u60f3\u4e00\u60f3\u3002<\/strong><\/span><\/p><p><span style=\"font-weight: 400;\">\u6295\u8cc7\u5fc5\u7136\u6709\u98a8\u96aa\uff0c\u4e8b\u5148\u505a\u597d\u529f\u8ab2\uff0c\u6df1\u5165\u4e86\u89e3\u6295\u8cc7\u9019\u5bb6 SPAC \u516c\u53f8\u7684\u98a8\u96aa\u548c\u56de\u5831\u3002\u5728\u6c7a\u5b9a\u6295\u8cc7\u6578\u984d\u6642\uff0c\u505a\u597d\u8cc7\u7522\u914d\u7f6e\u3002\u9069\u7576\u7684\u6295\u8cc7\u5c31\u597d\uff0c\u5225\u628a\u5168\u90e8\u9322\u90fd\u6295\u9032\u53bb\u3002\u6700\u5f8c\uff0c\u6295\u8cc7\u5f8c\uff0c\u8981\u5c0d\u81ea\u5df1\u505a\u51fa\u7684\u6295\u8cc7\u6c7a\u5b9a\u8ca0\u8cac\uff0c\u6301\u7e8c\u8ffd\u8e64 SPAC \u516c\u53f8\u7684\u8868\u73fe\u3002<\/span><\/p><h6>\u00a0<\/h6><h6><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7010 aligncenter\" src=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/02\/Market-crash.png\" alt=\"\u80a1\u5e02\u4e0b\u8dcc\" width=\"780\" height=\"519\" srcset=\"https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/02\/Market-crash.png 780w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/02\/Market-crash-300x200.png 300w, https:\/\/valueinmind.co\/wp-content\/uploads\/2021\/02\/Market-crash-768x511.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/h6><p>\u00a0<\/p><h2><span style=\"color: #262262;\"><b>SPAC\u4e0a\u5e02\u4e26\u975e\u767e\u6230\u767e\u52dd\uff0c\u4e09\u500bSPAC\u6848\u4f8b\u5206\u4eab<\/b><\/span><\/h2><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">\u8aaa\u4e86\u90a3\u9ebc\u591a\uff0c2020\u5e74\u6210\u529f\u6536\u8cfc\u5408\u4f75\u7684 SPAC \u4e5f\u4e0d\u5c11\uff0c\u9019\u88cf\u5c31\u548c\u5927\u5bb6\u5206\u4eab\u5e7e\u500b SPAC \u6210\u529f\u6848\u4f8b\uff0c\u4ee5\u53ca\u4ed6\u5011\u7684\u6295\u8cc7\u7d50\u679c\u5427\uff01<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><b>QuantumScape\uff08QS\uff09<\/b><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">QuantumScape\u662f\u4e00\u5bb6\u5c08\u6ce8\u65bc\u7814\u7a76\u65b0\u80fd\u6e90\u6c7d\u8eca\u96fb\u6c60\u7684\u65b0\u5275\u516c\u53f8\uff0c\u7372\u5f97\u6bd4\u723e\u84cb\u8332\u3001\u798f\u65af\u6c7d\u8eca\u3001\u51f1\u9d6c\u83ef\u76c8\uff08Kleiner Perkins\uff09\u7b49\u591a\u4f4d\u8457\u540d\u6295\u8cc7\u8005\u548c\u5927\u4f01\u696d\u7684\u6295\u8cc7\u3002\u57282020\u5e7411\u6708\u5e95\uff0cQuantumScape\u8207 SPAC \u516c\u53f8 Kensington Capital Acquisition Corp \u9032\u884c\u5408\u4f75\uff0c\u80a1\u50f9\u8ddf\u8457\u6c34\u6f32\u8239\u9ad8\uff0c\u4e00\u5ea6\u66b4\u6f32\u8d85\u904e1000%\u3002\u6700\u9ad8\u6642\u9054\u5230\u6bcf\u80a1131\u7f8e\u5143\u3002\u96d6\u7136\u904e\u5f8c\u80a1\u50f9\u72c2\u700960%\uff0c\u4f46\u662f\u5982\u679c\u4f60\u4e00\u958b\u59cb\u5c31\u4ee5SPAC IPO \u7684\u6bcf\u80a110\u7f8e\u5143\u5b9a\u50f9\u5165\u624b\uff0c\u4e26\u4e14\u6301\u6709\u5230\u4eca\u5929\uff0c\u4f60\u7684\u6295\u8cc7\u56de\u5831\u9ad8\u9054500%\uff01<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><b>DraftKings\uff08DKNG\uff09<\/b><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">DraftKings \u662f\u4e00\u5bb6\u6578\u5b57\u9ad4\u80b2\u5a1b\u6a02\u548c\u535a\u5f69\u516c\u53f8\u3002\u5f88\u591a\u9ad4\u80b2\u611b\u597d\u8005\u61c9\u8a72\u90fd\u6709\u807d\u904e\uff0c\u6216\u8005\u672c\u8eab\u5c31\u662f\u73a9\u5bb6\u7684 Daily Fantasy Sports\uff0c\u5c31\u662f DraftKings \u904b\u71df\u7684\u904a\u6232\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">2020\u5e749\u6708\uff0c\u7c43\u7403\u50b3\u5947\u660e\u661f\u2014\u2014\u9ea5\u514b\u723e\u00b7\u55ac\u4e39\u52a0\u5165 DraftKings \u8463\u4e8b\u6703\u4efb\u8077\u7279\u5225\u9867\u554f\u30022020\u5e744\u6708\uff0cDraftKings \u8207 SPAC \u516c\u53f8 Diamond Eagle Acquisition Corp \u9032\u884c\u5408\u4f75\uff0c\u4ee5\u80a1\u7968\u4ee3\u78bc\u300cDKNG\u300d\u5728\u7d0d\u65af\u9054\u514b\u8b49\u5238\u4ea4\u6613\u6240\u958b\u59cb\u4ea4\u6613\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u4e4b\u5f8c\uff0cDraftKings \u7684\u80a1\u50f9\u96a8\u8457\u75ab\u60c5\u5fa9\u7526\uff0c\u9ad4\u80b2\u6d3b\u52d5\u91cd\u56de\u8ecc\u9053\u5f8c\uff0c\u4e00\u8def\u8d70\u9ad8\u3002\u80a1\u50f9\u4e5f\u5728\u672c\u6587\u622a\u6b62\u6642\u9054\u5230\u4e86\u6700\u9ad8\u9ede 71.98\u7f8e\u5143\u3002\u5982\u679c\u4f60\u4e00\u958b\u59cb\u5c31\u4ee5SPAC IPO \u7684\u6bcf\u80a110\u7f8e\u5143\u5b9a\u50f9\u5165\u624b\uff0c\u4e26\u4e14\u6301\u6709\u5230\u4eca\u5929\uff0c\u4f60\u7684\u6295\u8cc7\u56de\u5831\u9ad8\u9054614%\uff01<\/span><\/p><h6>\u00a0<\/h6><h3><span style=\"color: #0096ff;\"><b>Nikola \uff08NKLA\uff09<\/b><\/span><\/h3><h6>\u00a0<\/h6><p><span style=\"font-weight: 400;\">SPAC \u5176\u4e2d\u4e00\u500b\u8457\u540d\u7684\u4f75\u8cfc\u5931\u6557\u6848\u4f8b\uff0c\u5c31\u662f Nikola\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u4ee5\u77e5\u540d\u7684\u7269\u7406\u5b78\u5bb6\u3001\u767c\u660e\u5bb6 Nikola Tesla \u540d\u5b57\u547d\u540d\u7684\u516c\u53f8\u6709\u5169\u5bb6\uff0c\u4e00\u5bb6\u662f\u5927\u5bb6\u90fd\u8033\u719f\u80fd\u8a73\u7684\u660e\u661f\u516c\u53f8 Tesla\uff0c\u800c\u53e6\u4e00\u5bb6\u5c31\u662f\u9019\u500b\u6848\u4f8b\u7684\u4e3b\u89d2 Nikola\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">Nikola\u662f\u4e00\u5bb6\u88fd\u9020\u96fb\u52d5\u5361\u8eca\u7684\u516c\u53f8\uff0c\u4e5f\u88ab\u7a31\u70ba\u300c\u5361\u8eca\u754c\u7684\u7279\u65af\u62c9\u300d\u30022020\u5e746\u6708\uff0cNikola \u901a\u904e\u548c SPAC \u516c\u53f8 VectolQ Acquisition Corp \u5408\u4f75\uff0c\u6210\u529f\u5728\u7d0d\u65af\u9054\u514b\u639b\u724c\u4e0a\u5e02\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u4e0a\u5e02\u4ee5\u4f86\uff0c\u80a1\u50f9\u8ddf\u96a8\u65b0\u80fd\u6e90\u6c7d\u8eca\u7684\u8da8\u52e2\uff0c\u4e00\u5ea6\u66b4\u6f32\u8d85\u904e600%\uff0c\u6700\u9ad8\u9054\u523079.73\u7f8e\u5143\u3002\u63a5\u8457\uff0c\u5f88\u5feb\u5c31\u7206\u51fa Nikola \u6280\u8853\u6b3a\u9a19\u6295\u8cc7\u8005\u7684\u6d88\u606f\uff0c\u516c\u53f8\u4e5f\u627f\u8a8d\u8a31\u591a\u767c\u5e03\u7684\u6280\u8853\u548c\u7522\u54c1\u5c6c\u65bc\u9020\u5047\u3002\u516c\u53f8\u5275\u59cb\u4eba Milton \u66f4\u5ba3\u5e03\u8fad\u8077\u3002\u76ee\u524d\u516c\u53f8\u6b63\u5728\u63a5\u53d7 SEC \u7684\u8abf\u67e5\u3002\u6d88\u606f\u7206\u51fa\u5f8c\uff0cNikola \u7684\u80a1\u50f9\u66b4\u8dcc80%\uff0c\u81f315.42\u7f8e\u5143\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">\u9019\u500b SPAC \u7684\u6848\u4f8b\u8aaa\u660e\u4e86\uff1a\u7531\u65bc SEC \u5c0d SPAC \u516c\u53f8\u7684\u76e3\u7ba1\u76f8\u5c0d\u5bec\u9b06\uff0c\u4ee5 SPAC \u65b9\u5f0f\u4e0a\u5e02\u7684\u516c\u53f8\u8cea\u7d20\u53c3\u5dee\u4e0d\u9f4a\u3002\u6295\u8cc7\u8005\u5165\u5834\u6295\u8cc7\u8981\u975e\u5e38\u5c0f\u5fc3\uff0c\u907f\u514d\u53e6\u4e00\u500b\u60b2\u5287\u51fa\u73fe\u3002<\/span><\/p><h6>\u00a0<\/h6><pre><b>\u91cd\u9ede\u6574\u7406<\/b><\/pre><p><span style=\"font-weight: 400;\">1. SPAC \u7279\u6b8a\u76ee\u7684\u6536\u8cfc\u516c\u53f8\u4ee5\u300c\u5148\u4e0a\u5e02\u52df\u8cc7\uff0c\u518d\u7269\u8272\u76ee\u6a19\u516c\u53f8\u300d\u7684\u7a7a\u6bbc\u516c\u53f8\u5f62\u5f0f\uff0c\u6210\u7acb\u6642\u4e26\u6c92\u6709\u5be6\u969b\u696d\u52d9\u3002\u901a\u904e IPO \u52df\u96c6\u5927\u7b46\u8cc7\u91d1\u5f8c\uff0c\u5728\u5e02\u5834\u5c0b\u627e\u6709\u6210\u9577\u524d\u666f\u548c\u6f5b\u80fd\u7684\u79c1\u4eba\u516c\u53f8\uff08\u76ee\u6a19\u516c\u53f8\uff09\u9032\u884c\u4f75\u8cfc\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">2. SPAC \u6bbc\u516c\u53f8\u548c\u76ee\u6a19\u516c\u53f8\u4f75\u8cfc\u5f8c\uff0c\u6210\u70ba\u65b0\u7684\u4e0a\u5e02\u516c\u53f8\u3002\u6bbc\u516c\u53f8\u5b8c\u6210\u6295\u8cc7\uff0c\u6025\u9700\u8cc7\u91d1\u7684\u76ee\u6a19\u516c\u53f8\u5b8c\u6210\u4e0a\u5e02\uff0c\u5f97\u5230\u8cc7\u91d1\u62d3\u5c55\u696d\u52d9\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">3. SPAC \u7684\u7279\u9ede\u662f\u7701\u7565\u7e41\u7463\u7684 IPO \u4e0a\u5e02\u7a0b\u5e8f\uff0c\u5728\u77ed\u6642\u9593\u5167\u4fbf\u53ef\u5b8c\u6210\u4e0a\u5e02\uff0c\u800c\u4e14\u4e0a\u5e02\u6210\u672c\u66f4\u4f4e\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">4. SPAC \u5fc5\u9808\u5728 IPO \u4e0a\u5e02\u768424\u500b\u6708\u5167\u5b8c\u6210\u4f75\u8cfc\uff0c\u8d85\u904e\u671f\u9650\u7121\u6cd5\u5b8c\u6210\u4f75\u8cfc\uff0c\u5247\u5fc5\u9808\u9023\u672c\u5e36\u5229\u6b78\u9084\u7d66\u6295\u8cc7\u8005\u3002\u52a0\u4e0a\u6709\u8c50\u5bcc\u6295\u8cc7\u7d93\u9a57\u7684\u767c\u8d77\u5718\u968a\u8ca0\u8cac\u5c0b\u627e\u4f75\u8cfc\u5c0d\u8c61\uff0c\u56e0\u6b64\u6295\u8cc7\u98a8\u96aa\u8f03\u5c0f\uff0c\u6295\u8cc7\u8005\u53ea\u662f\u4ed8\u51fa\u4e86\u4e00\u9ede\u6642\u9593\u6210\u672c\u548c\u6a5f\u6703\u6210\u672c\u3002<\/span><\/p><p><span style=\"font-weight: 400;\">5. SPAC \u7684\u6295\u8cc7\u76ee\u6a19\u516c\u53f8\u5df2\u7d93\u958b\u59cb\u51fa\u73fe\u8cea\u91cf\u554f\u984c\uff0c\u53ef\u80fd\u6210\u70ba\u6c92\u6709\u76c8\u5229\uff0c\u4f46\u662f\u6025\u9700\u8cc7\u91d1\uff0c\u6216\u8005\u6709\u8907\u96dc\u7d93\u71df\u6b77\u53f2\u7684\u516c\u53f8\u5feb\u901f\u4e0a\u5e02\u7684\u624b\u6bb5\u3002\u5728\u6295\u8cc7\u524d\u52d9\u5fc5\u505a\u597d\u529f\u8ab2\uff0c\u6df1\u5165\u4e86\u89e3\u3002<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1f01ea8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f01ea8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7efbe55\" data-id=\"7efbe55\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8591dfc elementor-widget elementor-widget-text-editor\" data-id=\"8591dfc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>\u5047\u5982\u4f60\u6e96\u5099\u6295\u8cc7 SPAC \u516c\u53f8\u6216\u8005\u4e00\u822c\u7684\u80a1\u7968\uff0c\u4e00\u5b9a\u8981\u78ba\u4fdd\u81ea\u5df1\u638c\u63e1\u4e86\u6b63\u78ba\u7684\u6295\u8cc7\u7b56\u7565\u8207\u5fc3\u614b\uff0c\u907f\u514d\u6c92\u6709\u6295\u8cc7\u77e5\u8b58\u800c\u71d2\u5230\u624b\u3002\u4f60\u53ef\u4ee5\u514d\u8cbb\u9818\u53d6<a href=\"https:\/\/valueinmind.co\/zh\/free-resources\/free-publications\/financial-investment-4-tips\/\">\u300a\u6295\u8cc7\u5165\u9580\u653b\u7565\u300b<\/a>\uff0c\u5b78\u7fd2\u4f4e\u98a8\u96aa\u53c8\u5b89\u5168\u7684\u6295\u8cc7\u7b56\u7565\uff01<\/strong><span style=\"color: #181818; font-family: 'Noto Sans TC', sans-serif; font-size: 1rem; font-weight: 500; letter-spacing: var( --e-global-typography-e2cf5ab-letter-spacing );\">\u00a0<\/span><\/p><h4><strong>\u63a8\u85a6\u95b1\u8b80\uff1a<\/strong><\/h4><h6>\u00a0<\/h6><p><a href=\"https:\/\/valueinmind.co\/is-ipo-good-or-bad\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">IPO\u9996\u6b21\u516c\u958b\u52df\u80a1\uff0c\u5230\u5e95\u662f\u9677\u9631\u9084\u662f\u9921\u9905\uff1f\uff5c\u6295\u8cc7\u65b0\u624b\u4fee\u7149\u5fc5\u8b80<\/span><\/a><\/p><p><a href=\"https:\/\/valueinmind.co\/how-to-invest-in-ipo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u6295\u8cc7IPO\u771f\u7684\u53ea\u80fd\u9760\u904b\u6c23\u55ce\uff1f\u4f60\u53ef\u4ee5\u5982\u4f55\u6295\u8cc7\u5728\u516c\u53f8\u7684IPO\uff1f<\/span><\/a><\/p><p><a href=\"https:\/\/valueinmind.co\/what-is-etf\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u5df4\u83f2\u7279\u5f37\u70c8\u5efa\u8b70\u6bcf\u500b\u4eba\u4e00\u5b9a\u8981\u6295\u8cc7S&amp;P 500 ETF\uff01\uff5c\u6307\u6578\u80a1\u7968\u578b\u57fa\u91d1 (ETF)\u5230\u5e95\u70ba\u4ec0\u9ebc\u9019\u9ebc\u597d\uff1f<\/span><\/a><\/p><p>\u53e6\u5916\uff0cGrab\u4e5f\u4ee5\u8d85\u9ad8\u4f30\u503c\u5728\u7f8e\u570b\u901a\u904eSPAC\u4e0a\u5e02\u4e86\uff01\u4f86\u770b\u770bSpark\u7684\u770b\u6cd5~<\/p><p><br \/><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/qUSh-3eSkt0\" width=\"560\" height=\"500\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p><h2>\u00a0<\/h2><h2><span style=\"color: #262262;\"><b>\u514d\u8cac\u8072\u660e<\/b><\/span><\/h2><p><span style=\"font-weight: 400;\">\u6b64\u6587\u7ae0\u5167\u5bb9\u50c5\u4f5c\u70ba\u6559\u5b78\u3001\u5206\u4eab\u53ca\u53c3\u8003\u7684\u7528\u9014\uff0c\u800c\u975e\u5c08\u696d\u7684\u6295\u8cc7\u5efa\u8b70\u3002\u7531\u65bc\u500b\u4eba\u7684\u60c5\u6cc1\u53ca\u9700\u6c42\u4e0d\u540c\uff0c\u4f60\u53ef\u4ee5\u806f\u4fc2\u50f9\u503c\u601d\u7dad\u6216\u54a8\u8a62\u4f60\u7684\u7406\u8ca1\u898f\u5283\u5e2b\u4ee5\u53d6\u5f97\u5c08\u696d\u7684\u5efa\u8b70\u3002<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-06c2500 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"06c2500\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8278bc\" data-id=\"e8278bc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u57282021\u5e74\u9996\u4e09\u500b\u6708\uff0c\u5e73\u5747\u6bcf\u5929\u67093.5\u5bb6SPAC\u516c\u53f8\u4e0a\u5e02\uff01SPAC\u7a7a\u524d\u706b\u71b1\uff0c\u7a76\u7adfSPAC\u662f\u4ec0\u9ebc\uff1f\u672c\u6587\u5e36\u4f60\u6df1\u5165\u4e86\u89e3SPAC\u7279\u6b8a\u76ee\u7684\u6536\u8cfc\u516c\u53f8\u7684\u904b\u4f5c\u6a21\u5f0f\u3001\u4e0a\u5e02\u6d41\u7a0b\u3001\u6295\u8cc7\u512a\u9ede\u8207\u98a8\u96aa\u3002<\/p>\n","protected":false},"author":2,"featured_media":8200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[669,669,669,669],"tags":[526,589,589],"_links":{"self":[{"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/posts\/8196"}],"collection":[{"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/comments?post=8196"}],"version-history":[{"count":0,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/posts\/8196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/media\/8200"}],"wp:attachment":[{"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/media?parent=8196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/categories?post=8196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valueinmind.co\/zh\/wp-json\/wp\/v2\/tags?post=8196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}