The De-SPAC Transaction: What Went Wrong and What Public Company GCs Should Still Know
Between 2020 and 2022, more than 900 companies went public through SPAC mergers. It was the fastest and, for a time, the most fashionable route to the public markets. Sponsors raised billions in weeks. Targets got certainty, a fixed valuation, a faster timeline, and an easier path to the capital they needed. Bankers, lawyers, and […]