X
11Aug

What’s the Deal? – Special Purpose Acquisition Companies

What’s the Deal? Special purpose acquisition companies (“SPACs”), commonly referred to as “blank check companies,” are public shell companies that use their initial public offering (“IPO”) proceeds in order to acquire private companies within a specific timeframe (this acquisition is commonly referred to as an “initial business combination” and the merger or combination transaction is often referred to as the “de-SPACing transaction”). Although SPACs have existed for decades, merging into a...
By: Mayer Brown Free Writings + Perspectives
Source Url: https://www.jdsupra.com/legalnews/what-s-the-deal-special-purpose-38539/

Related

The Insatiable American Antitrust Appetite: What Merger Retrospectives Could Mean for Growing Companies

Antitrust pressures are mounting for merging, growing and already-large companies as the Federal Tra...

Read More >

Competition Newsletter January 2021

In 2021, we bring you an overview of European competition news. In collaboration with our European o...

Read More >

New York’s Gig Economy Legislative Proposals For 2020 Begin To Take Shape

In anticipation of New York’s 2020 legislative session, state lawmakers are beginning to develop a ...

Read More >

Opportunities for Social Infrastructure P3s (Yes, Including Colleges and Universities)

Earlier this summer, Plenary Properties Merced completed construction on the well-known UC Merced 20...

Read More >

NLRB Members Intend To Revisit Applicability Of ‘Contract Coverage’ Standard In Unilateral Change Cases

How the NLRB analyzes defenses to unilateral change unfair labor practice charges may be in for a su...

Read More >

Time keeps on slippin’, slippin’, slippin’… into the future with an extended deadline for Form 1095-C and Form 1095-B reporting

The Internal Revenue Service has extended the due date for providing the 2019 Form 1095-C (applicabl...

Read More >