In the last year, there has been an unprecedented surge of special purpose acquisition company (SPAC) formations. This has attracted a lot of attention to the SPAC space, from the sponsor side (traditional private equity firms, athletes, and celebrities) to the investor side (hedge funds and retail traders).
SPACs: Frequently Asked Questions
Among other things, 2020 will be remembered as a year that saw a boom in the use of Special Purpose Acquisition Companies (SPACs) as a robust alternative to an initial public offering (IPO).
Webinar Event: Special purpose acquisition companies (SPACs): a popular alternative path to the public markets
Ernst & Young will be hosting a SPAC webinar on September 23, 2020 at 11 AM EDT. During this webcast, Ernst & Young will review the latest trends driving this rise in SPAC transactions.