This report outlines the market drivers which collided to make Special Acquisitions Company (SPAC) deals attractive and what potential target companies should do in preparation of such a transaction. It also identifies the necessary support SPAC sponsors require in order for their venture to be successful.
By A Paris – Following a year of high exuberance, the market for special purpose acquisition companies (SPACs) has slowed since peaking in mid-February 2021. Now, with the US Securities and Exchange Commission (SEC) changing accounting rules and vowing to keep a
Last year witnessed the meteoric rise of special purpose acquisition company (SPAC) deals. But, as regulators take a closer look at this development and fewer deal-ready companies are available for acquisition, the industry could see a slow-down in momentum.
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Following the global outbreak of the Covid-19 pandemic in March 2020, the private capital industry saw a significant build-up of dry powder. Special purpose acquisition companies (SPACs) provided an outlet for these funds. However, sponsoring firms need to consider several
