Skadden Discusses “The Year of the SPAC”

The CLS Blue Sky Blog

Christopher M. Barlow C. Michael Chitwood Howard L. Ellin P. Michelle Gasaway Gregg A. Noel

A panel of Skadden attorneys look at the explosion of transactions by SPACs in 2020, including a 320% increase in the number of SPAC IPOs. SPACs are legitimate investment and M&A alternatives, both for shareholders seeking investment opportunities in the IPO and target companies looking for M&A partners in the de-SPAC transaction, and are expected to remain popular in 2021.