9 Factors To Evaluate When Considering A SPAC

Law360 (March 11, 2019, 2:13 PM EDT) -- For private companies interested in going public, being acquired by a special purpose acquisition company, or SPAC, is an alternative to a traditional initial public offering that is worth considering.

There has been an upward trend in special purpose acquisition company initial public offerings since 2009 in both deal count and dollar amount raised. Through mid-February 2019, there have been six SPAC IPOs, with gross proceeds of approximately $1.2 billion and an average IPO size of approximately $193 million. In 2018, there were 46 SPAC IPOs (representing approximately 24 percent of all IPOs that year) with gross proceeds of approximately $10.7 billion...

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