What is a SPAC

Unless you have been avoiding financial news and market analysts during 2020 and 2021, you have heard discussions regarding  Special Purpose Acquisition Company(ies) (“SPACs”). SPACs have been around for decades, but their use has recently skyrocketed as companies consider alternative exit strategies during the Covid-19 pandemic, as it created uncertainty on the public and Initial Public Offering (“IPO”) market.… Read More

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