Special purpose acquisition companies (SPACs) have raised record amounts of capital, accumulating billions of dollars that are ready to invest in operating companies. There are many advantages but also unique considerations to take into account in deciding whether to go forward with a SPAC merger.
In July 2021, we hosted a webinar alongside US law firm, Cravath, Swaine & Moore LLP, discussing the complexities, advantages and disadvantages of SPAC mergers that should be considered as companies look at this structure for going public, from both a US and UK perspective. We also identified recent trends and what we are expecting to see in the near future.