Special Purpose Acquisition Company (SPAC) IPOs have generated a lot of buzz recently, and for good reason: 242 SPACs were launched in 2020 alone.
Institutional demand buoys socially conscious SPACs
Some of the world’s largest asset managers from Blackstone to BlackRock have signaled an appetite to invest in socially responsible companies—and special-purpose acquisition companies are all too happy to serve them.
Queen’s Gambit Expands Blank-Check IPO to $300 Million
Queen’s Gambit Growth Capital, a blank-check company led entirely by female executives, increased the size of its U.S. initial public offering to raise $300 million.