Special purpose acquisition companies ("SPACs") are newly formed entities that raise ... and subsequently held in U.S. treasury bills (or equivalents). SPACs raise this capital in order to fund ... months). Though the SPAC itself has no business operations, investors entrust an experienced founding ...

Articles - 2009-01-01 00:00

A special purpose acquisition corporation, commonly known as a "SPAC," and formally ... operating company or companies. Though the SPAC itself has no business operations, investors entrust ... Although, the SPAC concept is often compared to a 'blind leap of faith' on the part of investors ...

Articles - 2007-06-01 00:00

acquisition companies (SPACs) are generating much buzz as the new darlings of the investment community. A SPAC is a business entity formed to complete an initial public offering (IPO) with the specific purpose of using the IPO proceeds to acquire other businesses. Frequently, individual SPACs focus on finding target ...

Articles - 2006-07-01 00:00

A special purpose acquisition corporation, commonly known as a "SPAC," and formally ... operating company or companies. Though the SPAC itself has no business operations, investors entrust ... Several notable patterns in the structuring of SPAC deals have emerged from the recent spate of SPAC ...

Articles - 2006-08-01 00:00

A special purpose acquisition corporation, commonly known as a "SPAC," and formally ... operating company or companies. Though the SPAC itself has no business operations, investors entrust ... notable patterns in the structuring of SPAC deals have emerged from the recent spate of SPAC offerings. ...

Articles - 2006-09-01 00:00

of my hedge fund clients asked me about special purpose acquisition companies - SPACs. They had ... issuers and underwriters in SPAC transactions. Today the bulk of my practice involves SPACs and PIPE transactions. Editor: Speaking of SPACs, what is the origin of this investment vehicle? Auguste: ...

Articles - 2008-02-01 00:00

A special purpose acquisition corporation, commonly known as a 'SPAC' (and formally ... of an existing operating company or companies.Though the SPAC itself has no business operations, investors ... mergers and now including SPACs, have become an increasingly popular choice for Chinese companies seeking ...

Articles - 2006-12-01 00:00

A special purpose acquisition corporation, commonly known as a 'SPAC ... in a particular industry, sector or geographical area. 1 After an approximately 10-year drought, SPACs ... structure of a SPAC, however, several coverage issues need to be thoughtfully considered prior ...

Articles - 2006-12-01 00:00

in SPAC IPOs and in the top three for total number of SPAC IPOs advising underwriters. ...

News - 2008-07-01 00:00

company, typically located in the British Virgin Islands, Hong Kong, or the Cayman Islands. SPACs ... merger strategy, and that is to utilize a merger with a SPAC, or Special Purpose Acquisition Company, ... a public listed U.S. company. Most SPACs are listed on AMEX or the OTC Bulletin Board, as Nasdaq has taken ...

Articles - 2006-12-01 00:00