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
Related
California businesses should prepare to implement a fresh list of New Year's resolutions, thanks to ...
Read More >
In response to Hurricane Dorian, Governor Ron DeSantis has issued Executive Order No. 19-190 (reaffi...
Read More >
In its January 31, 2020 decision in Phillips 66, 369 NLRB No. 13 (January 31, 2020) the Board revers...
Read More >
The U.S. Department of the Treasury late yesterday released a draft set of regulations that would es...
Read More >
Richard Lummis is on assignment this week so I am pleased to host Alyson Van Hooser. Alyson is passi...
Read More >
The answer is “Yes” if your start-up has progressed far enough along to have hired six (6) employe...
Read More >