Special purpose acquisition company (SPAC). A special purpose acquisition company (SPAC), sometimes called a blank check company or an empty shell company, uses an initial public offering (IPO) to raise money it will use to purchase or merge with an existing company.
The objective of a cloverleaf is to allow two highways to cross without the need for any traffic to be stopped by red lights, even for left and right turns. The limiting factor in the capacity of a cloverleaf interchange is traffic weaving.
White clover (Trifolium repens L.) is a cool season perennial legume of Mediterranean origin. White clover has been used as a forage in North America since Colonial times. Benjamin Franklin noted its prevalence in cleared and disturbed land as early as 1746. There are many reasons for white clover's popularity among forage producers.