A special purpose acquisition company (SPAC) formed to raise capital through an IPO and pursue a merger or business combination with an operating business. Such vehicles hold investor funds in trust while management searches for a target, effectively serving as a public listing pathway for a private...
1 member of Congress has disclosed 1 trade in United Acquisition Corp I (UAC), a Financial Services company. The buy/sell breakdown shows 1 purchase versus 0 sales, indicating net buying interest from lawmakers. All data is sourced from STOCK Act periodic transaction reports filed with Congress.
| Date | Politician | Type | Amount |
|---|---|---|---|
| 2016-06-28 | John Hoeven | buy | $50K – $100K |