[Webinar] The Continuing Rise of the SPAC: Where Does It Go from Here?

December 16th, 1:00 pm - 2:00 pm EST
McDermott Will & Emery
Contact

McDermott Will & Emery

December 16th, 2021
1:00 PM - 2:00 PM EST

The interest in special purpose acquisition companies (SPACs), also known as blank check companies, skyrocketed in 2020 with 250+ SPAC filings. This year has already outpaced last year with 350+ SPAC filings and nearly 450 SPACs currently active.

The sheer number of active SPACs means that several hundred need to move swiftly toward signing merger agreements, given that they have a time limit of 18 to 24 months to acquire a target company. However, the market shows that the number of acquisitions (or de-SPAC transactions) has slowed in 2021, putting pressure on those still on the lookout for a target. Additionally, as the US market becomes more congested, some SPACs are looking internationally for transaction opportunities.

What does this mean for the SPAC craze in 2021 and beyond? Join us on November 11 for a discussion on these developments, where our panelists will talk about current issues, challenges and regulatory developments in the SPAC and de-SPAC market, including:

  • An overview of de-SPAC transactions, including current industry trends
  • The implications for de-SPAC deals and structures with so many active SPACs in the market
  • Cross-border de-SPACs are here—de-SPACs with non-US companies

Recent statements from the US Securities and Exchange Commission’s (SEC) Division of Enforcement, identifying SPACs as an emerging risk and emphasizing the importance of providing high-quality financial statements after de-SPAC transactions

SPEAKERS

Caitlyn M. Campbell

Partner | Boston

View Profile

Harold C. Davidson

Partner | New York

View Profile

Eric Orsic

Partner | Chicago

View Profile

Mark S. Selinger

Partner | New York

View Profile

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© McDermott Will & Emery | Attorney Advertising

PRESENTED BY:

McDermott Will & Emery
Contact
more
less

McDermott Will & Emery on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.