Xpac Acquisition Corp.
A "blank check" company known as a special purpose acquisition company (SPAC), XPAC Acquisition Corp. existed to raise money through an IPO and use it to buy or merge with another business — no products of its own. It was created in 2021 by XP Inc., a major Brazilian financial services platform, and aimed to combine with Brazilian companies in healthcare, education, tech and similar sectors. The name is a mashup of its sponsor "XP" plus "AC" for Acquisition; after its sponsor changed hands in July 2023, it was renamed Zalatoris II Acquisition Corp.
Class A ordinary shares — Cayman Islands SPAC listed on NASDAQ