.jpg)
SPACs: A hot topic for investors, acquirers and sellers
SPACs have become mainstream vehicles for raising capital alongside initial public offerings. Although the market has cooled from Q1鈥�21 when 301 new SPACs raised $83.2 billion, 2021 is on pace to surpass last year鈥檚 record haul of $94.4 billion from 319 SPAC launches.1听The coming of age of these 鈥渂lank check鈥� entities鈥攚hich exist solely to acquire other companies鈥攑rovides another option for sellers, as well as an efficient way for private companies to tap public equity markets.
SPAC mergers aren鈥檛 simple, however, and understanding all their intricacies can be daunting. Most importantly, a company going public via a SPAC must meet the same extensive regulatory requirements as those taking an IPO path鈥攐nly in a matter of a few months, not the year or two that a typical IPO can take. Selling to a SPAC can offer a quick and lucrative transaction for unlisted sellers, but requires a gaggle of complex challenges: vetting of potential SPAC suitors, tax structuring, public company readiness, sophisticated business forecasting and, often, systems upgrades. The more a company peels away at a SPAC merger, the more it鈥檚 likely to find 鈥渦nknown unknowns.鈥� This complexity is why 乐鱼（Leyu）体育官网 has created the SPAC Intel Hub.听
Whether you鈥檙e a privately held firm that wants to consider a sale to a SPAC or an investor in a SPAC, you鈥檒l find the 乐鱼（Leyu）体育官网 SPAC Intel Hub a valuable resource that you will want to visit often.
