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A special-purpose acquisition company (SPAC; / s p æ k /), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals.
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Blank check or blank cheque may also refer to: Blank Check, a 1994 film originally released as Blank Cheque in the United Kingdom. Blank Check, the short-lived 1970s American game show; Blank Check with Griffin & David, a film podcast hosted by actor Griffin Newman and The Atlantic film critic David Sims
These different blank thicknesses are made on a cold rolling mill. Patchwork Blanks are sheets that are locally reinforced by attaching smaller sheets (patches) in the lap configuration by laser welding or adhesives. Tailored Tubes (TT) are tubular components with variations in thickness or strength, e.g. to be used in hydroforming.
Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee.The effect of this is that it is payable only to the bearer – legally, it transforms an order instrument ("pay to the order of (the payee)") into a bearer instrument ("pay to the bearer").