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.