Report: SPACs 2.0


Pandemic driven craze or lasting change for private companies?
One of the areas of the financial markets that has benefited from the pandemic is special purpose acquisition companies (SPACs), otherwise referred to blank cheque companies designed to create IPO access for private companies without going through the traditional IPO process. Historically, SPACS have been considered a relativity niche pathway to the public markets, previously seen by some as a mechanism to extract fees and give a route to public markets for enterprises that would have otherwise struggled to list. However, the stra