ARTICLE
30 April 2021

BREAKING DOWN THE SPAC SURGE: A Review Of Key Trends & Issues Defining The Phenomenon

M
Mintz

Contributor

Mintz is a litigation powerhouse and business accelerator serving leaders in life sciences, private equity, sustainable energy, and technology. The world’s most innovative companies trust Mintz to provide expert advice, protect and monetize their IP, negotiate deals, source financing, and solve complex legal challenges. The firm has over 600 attorneys across offices in Boston, Los Angeles, Miami, New York, Washington, DC, San Francisco, San Diego, and Toronto.
Between 2019 and 2020, there was a 536% increase in the amount of capital raised by special purpose acquisition companies (SPACs).
United States Corporate/Commercial Law

Between 2019 and 2020, there was a 536% increase in the amount of capital raised by special purpose acquisition companies (SPACs). In 2021 thus far, there has been little to no slowdown in the pace of funds pouring into SPACs, with over $50 billion raised. Inescapably, this surge of interest in SPAC vehicles is profound. But is it sustainable?

Mintz's latest report analyzes SPAC data provided by PitchBook and investigates the drivers of this surge along with the implications for capital markets and private companies on the whole. It also considers the key risks and opportunities inherent to SPACs due to their features and how these financing vehicles could evolve.

Download the Report

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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