07Oct
Introducing The Up-SPAC Structure
As the pace of SPAC IPOs continues to set records, evolution of the economic terms has accelerated. We have seen changes to the warrant and promote structure (including “tontine” warrants), call rights motivating cashless exercise of warrants, and warrants in lieu of promote shares. But the SPAC structure itself is also an area ripe for evolution.... Please see full Publication below for more information....
By:
Vinson & Elkins LLP
Source Url: https://www.jdsupra.com/legalnews/introducing-the-up-spac-structure-59821/
Related
The 2019-20 certified teachers’ and administrators’ negotiation season is just about at the halfwa...
Read More >
On May 13, 2020, New Jersey Governor Phil Murphy issued Executive Order 142 (EO 142) as part of the ...
Read More >
Despite a slight drop in workplace sexual harassment cases in Fiscal Year 2019, the amount of the se...
Read More >
China has developed its own national security review regime over the past years, but the review proc...
Read More >
Predictable lifetime income is often of paramount concern to retirees. Yet, as employer-sponsored r...
Read More >
In a complex and competitive market, minimising and mitigating risk in M&A is a key concern for deal...
Read More >