In a commentary, SMU Assistant Professor of Finance (Education) and Academic Director of Master of Science in Wealth Management Mandy Tham explained what is a Special Purpose Acquisition Company, or SPAC. Southeast Asia’s tech unicorn Grab has received Altimeter Growth Corp’s shareholders’ approval to proceed with a merger, and Grab is expected to begin trading on the Nasdaq from Dec 2, and she shared about what SPAC investors should be aware of during this stage of the SPAC life cycle, and what does it really mean to De-SPAC?