European SPACs – Following in America’s Footsteps?
By EsqSocial Corporation 07/05/21
Introduction – what are SPACs? A Special Purpose Acquisition Company, or ‘SPAC,’ is a company created with cash only for the purpose of acquiring one or more businesses (the UK ‘blank-check company’ is very similar). SPACs are incorporated by a team of sponsors and initially raise capital through the public markets more quickly than a traditional IPO....
By: Cohen & Gresser LLP