X
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

Transaction Tax Deductions Following Tax Reform

In connection with the purchase and sale of the stock of a target corporation (a Corporate Target), ...

Read More >

Digging into the New HRA Regulations, Part 2 – ERISA Implications

New regulations issued by the Departments of Labor, Treasury, and Health and Human Services have exp...

Read More >

Privilege Protection for Antitrust Discussions In Mergers: New Guidance From the Frontlines

Few lawyers would question the need to keep their clients apprised of negotiations with enforcers, p...

Read More >

SEC Revises Financial Statement Disclosure Requirements for Acquisitions and Dispositions

The SEC recently amended its disclosure requirements for historical and pro forma financial statemen...

Read More >

ASBCA Holds the Government to Account for Changes to the Design Process that Delayed Construction

In an important case for architects and design-builders, the Armed Services Board of Contract Appeal...

Read More >

Force majeure claims in future waves of COVID-19: four key actions

As countries emerge from lockdown, talk turns to The Return of COVID-19. Here’s how to succeed in f...

Read More >