No Summary provided as the original text is short
- SPAC (Special Purpose Acquisition Company): A publicly traded company created to raise capital through an IPO for the purpose of acquiring an existing company.
- Exchange Token: A digital token issued by a cryptocurrency exchange, often used for trading fee discounts, governance, or other platform-specific benefits.
- Spin-Off: A type of corporate restructuring where a company creates a new independent entity by separating part of its operations or assets.