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Message: <blockquote data-quote="Jacob Miller" data-source="post: 69336" data-attributes="member: 5063">This isn't a particular reason I've heard given in re their sudden jump in popularity - or maybe I've just not heard it expressed in those terms. I would tend to take form it, though, that they're a very simple/ straightforward way of pooling liquidity - being "awash with money" just means that there's a lot of money/ liquidity there to be tapped into and SPACs are a great way of doing this.Edit to add: this article may be an interesting read for you: <a href="https://www.excelsiorgp.com/resources/what-is-a-spac-and-why-are-they-suddenly-so-popular/#:~:text=Liquidity%3A%20SPACs%20offer%20security%20in,cash%20raised%20in%20the%20IPO.&text=Cost%3A%20Unlike%20traditional%20IPOs%20that,of%20money%20for%20the%20company" target="_blank">https://www.excelsiorgp.com/resources/what-is-a-spac-and-why-are-they-suddenly-so-popular/#:~:text=Liquidity: SPACs offer security in,cash raised in the IPO.&text=Cost: Unlike traditional IPOs that,of money for the company</a>.</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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