05Sep
5 things you need to know about...SPACS
One - SPACs (special purpose acquisition or "blank cheque" companies) have recently regained prominence in the US, with H1 2020 seeing record-breaking levels of activity, both in terms of value (Bill Ackman's $4bn Pershing Square Tontine is the largest SPAC IPO to date, eclipsing previous records) and volume (SPACs accounted for around 30% of all US IPOs in H1 2020). One of the reasons for the revived interest is that experienced founder teams can benefit from a dislocated market to find good...
By:
White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/5-things-you-need-to-know-about-spacs-79207/
Related
On May 17, 2019, Illinois Governor Pritzker signed legislation eliminating the state’s 25-year stat...
Read More >
Employers who file I-129 petitions to sponsor foreign nationals for work visas make a number of repr...
Read More >
Obermayer is excited to introduce its new “GovCon Examiner Live” webinar series, your resource for...
Read More >
On October 13, 2019, California Governor Gavin Newsom signed into law Assembly Bill 51 (“AB 51”). ...
Read More >
The recent rejection of an attempt to dismiss emotional distress claims offers a prescient reminder ...
Read More >
In its recent ruling in the case of Ewart v. The University of Oxford, the Employment Tribunal (ET) ...
Read More >