Tag / Data-&-Reports
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Pressure to De-SPAC Is Accelerating Demand for Due Diligence Stakes are high for hundreds of special purpose acquisition companies (SPACs) holding investor funds that must be used to complete mergers with private companies and take them public before their window of opportunity runs out. As shell entities listed in public stock exchanges formed with the intent to use investor funds to complete IPOs for […] -
IPO Proliferation in 2020 Highlights Need for SPAC Due Diligence 2020 has been the busiest year for special-purpose acquisition companies (SPACs), helping private companies in buzzing markets such as space travel, electric vehicles, cannabis, and online gaming go public without the constraints of the traditional initial public offering (IPO) process. SPACs have raised more than $67 billion in 2020 and are expected to represent at […]