In this special edition of the SPACInsider podcast on the new SEC SPAC rules, Kristi Marvin from SPACInsider spoke with a panel of SPAC legal experts to help unpack the hefty 581 pages included in the release.
This originally aired as a live webinar, which may be viewed as a replay HERE.
Joining Kristi is Derek Dostal, a partner at Davis Polk & Wardwell LLP, Doug Ellenoff, partner at Ellenoff Grossman & Schole LLP, and Christian Nagler, partner at Kirkland & Ellis LLP.
The panel discusses which new measures are likely and unlikely to provoke changes in approach by SPACs moving forward. What questions still remain, and how will this affect the state of the SPAC market in 2024?
At the SPAC of Dawn As the SPAC market has come streaming back to life in a burst of new issuance beginning this summer, some long abandoned vehicles are rising anew as well. The latest of these is FPA Energy (NASDAQ:FPAQU), whose 2023 filing was later withdrawn, but it is now back with a fresh...
Flagfish Acquisition Corporation (NASDAQ:FFSHU) has filed for a $60 million IPO to give another bite at the apple to a China-based team that last closed a deal in the biotech space. Flagfish Chairman and CEO Matthew Chen also serves in the same role for Flag Ship (NASDAQ:FSHP), which just last month announced a deal with...
At the SPAC of Dawn SPACs have been betting on a post-pandemic rebirth in live events over the past few years, but it appears that this boom has fully come to fruition. Event organizer Live Nation (NYSE:LYV) announced yesterday that it just closed its busiest summer concert season ever, bringing in $7.7 billion in revenue...
Hennessy Capital VII (NASDAQ:HVIIU) has filed for a $150 million IPO with competitive terms to give a fresh vehicle to one of the most prolific SPAC teams of the past decade. This team has had a hand in 13 different business combinations dating back to Hennessy I‘s 2015 combination with school bus manufacturer Blue Bird...
At the SPAC of Dawn With the US election and a historic stock rally in the rear view, the question now turns to how long this rally will last and SPACs have not been shy so far about trying to take advantage of the good vibes. Two new SPACs filed for IPOs Friday evening and...