SPACs raise blind pool money (most of which goes into a trust) from the public for an unspecified merger, sometimes in a targeted industry. The SPAC raises money to go public first, then looks for a private company to buy usually in the high-tech sector. SPACs serve an important role in bringing new technology to the market.
Dynasty also makes available access to exchanges in Continental Europe, Latin America, the United Kingdom, Canada and parts of the Asia-Pacific region. Clients can trade foreign securities in either US dollars or a variety of foreign currencies including Euros, Canadian Dollars, Swiss Francs, and British Pounds Sterling.
A special purpose acquisition corporation, commonly known as a “SPAC,” and formally a “development stage company,” is generally incorporated with the primary objective of raising funds through a public offering of its securities primarily for purpose of acquiring one or more operating companies. Please visit online www.dynastyresources.net in NewYork city.



