A SPAC is an attractive additional funding mechanism for investment teams and entities to pursue acquisition opportunities, where such opportunities are not immediately apparent or in process. A SPAC can also provide a compelling route to the public markets for private companies, when market conditions allow. Additionally, SPACs can be an attractive downside protected investment for investors, particularly in a low interest rate environment.
Key learning objectives:
What is a SPAC?
Identify and explain the life of a SPAC from beginning to end
Explain the features of a SPAC and the benefits to all parties involved