Initial public offerings (IPOs) by Special Purpose Acquisition Companies, or SPACs, are growing at their most robust rate since before the financial crisis, giving more visibility to a once remote corner of the IPO market.
In this Bottom Line videocast, Eversheds Sutherland (US) attorneys Cynthia Krus discusses:
current SPAC market trends;
the structure and appeal of SPACs; and
the IPO and business combination process for a successful SPAC.
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