SPAC

NEW YORK, NEW YORK - MAY 06: Colin Kaepernick attends The 2019 Met Gala Celebrating Camp: Notes on Fashion at Metropolitan Museum of Art on May 06, 2019 in New York City. (Photo by Jamie McCarthy/Getty Images)
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Colin Kaepernick Launches $250M SPAC for Social Brands

By Allison Morrow, CNN Business SPAC-ERNICK Colin Kaepernick, the activist and former NFL quarterback, is the latest high-profile investor to get in on the SPAC craze. A SPAC, or special purpose acquisition company, is a very trendy way to take a company public. Rather than go through the expensive, time-consuming process of an IPO, private

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