By Monica E. Oss Up until a few months ago, I didn’t know what a SPAC was, and didn’t care. But what a difference a couple months make. SPAC stands for special purpose acquisition company. A SPAC is a non-operating shell company created to make an initial public offering (IPO), with the purpose of using the financial IPO proceeds to acquire privately held companies. What is the benefit of a SPAC? Private companies are willing to be acquired by SPACs because it is a more flexible and less burdensome way of raising capital than going public through an IPO. An IPO requires considerable expense and is a cumbersome…
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COVID-19 Risk Management Plan August 11, 2021

We are excited to return to sunny southern California for The 2021 OPEN MINDS Management Best Practices Institute at the picturesque Newport Beach Marriott Hotel & Spa, August 23-26, 2021. To help plan your in-person attendance, visit for a schedule of events happening throughout the week.

The resurgence of the COVID Delta variant has certainly created new challenges for the country and for our families. Fortunately, the available COVID vaccinations have been very successful in preventing symptomatic infections and illness. But I did want to let you know that our team at OPEN MINDS is committed to making our executive events as safe as possible and have an active risk management plan in place. I wanted to share with you the key elements of our plan:

We will continue to monitor any changes in the CDC recommendations for the continued safety of the public. If you have any concerns or questions, feel free to reach out to a member of our team at or by phone at 877-350-6463. We look forward to seeing you at The 2021 OPEN MINDS Management Best Practices Institute.

Monica E. Oss
Chief Executive Officer

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