SPAC Bubble or SPAC Boom?

SPAC Bubble or SPAC Boom?

Reading Time: 3 minutes Numerous authors have claimed that a reputed ‘SPAC bubble’ has burst, will burst, or may have burst at different times over the past twelve months.1 While SPAC pricings are not launching at their February 2021 pace, investors are beginning to...
SPACs: An Overview

SPACs: An Overview

Reading Time: 3 minutes Special purpose acquisition companies (“SPACs”) are newly formed companies without any business operations. They operate as an investment vehicle, raising capital through an initial public offering (“IPO”), which is in turn held in a trust...