Stripchat Becomes First Adult Cam Site to Launch a SPAC: Report

StripSPAC Acquisition

So the SPAC craze has come to this.

Adult webcam platform Stripchat, which is precisely what you think it is, plans to launch a SPAC focused on the adult entertainment business, Entrepreneur reports. The blank-check company will reportedly be named StripSPAC Acquisition Corp.

Talk about naked ambition.

The company had not filed a publicly available S-1 registration form with the SEC to offer securities as of noon Friday, Feb. 26.  Read more.

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