How SPACs Can Manage the Risks of White Collar Scrutiny
By EsqSocial Corporation 23/03/21
Notwithstanding the economic difficulties following the pandemic, 2020 saw a huge increase in initial public offerings ("IPOs") and merger activity relating to "SPACs" (Special Purpose Acquisition Companies). The number of SPAC IPOs in 2020 (242) was four times the number in 2019, and the average transaction size in 2020 ($335 million) was almost 50 percent higher than the average in 2019. Since the start of 2021, 228 more SPACs have filed to go public....
By: White & Case LLP