The market dynamics of 2024 and 2025 have created a fertile ground for new SPAC IPOs, but this time around, sponsors and directors are examining the lessons learned from the previous cycle to shape a more thoughtful, resilient approach. Over 95% of the SPACs launched in 2025 are domiciled in the Cayman Islands and as counsel to numerous sponsors, we are well-positioned to advise on the legal considerations shaping this new era.
Source: The return of the SPAC: A Cayman Islands legal perspective on the revival