6 CFIUS Considerations For De-SPAC Transactions

By Ivan Schlager, Nathan Mitchell and Michelle Weinbaum (March 22, 2021, 3:43 PM EDT) -- Although special purpose acquisition companies, or SPACs, have been in use for decades, there has been a striking increase in their popularity over the past year, with several hundred transactions completed since 2020.

A SPAC is a shell company that undergoes an initial public offering, followed by acquiring a target company, resulting in that target company being publicly traded — that follow-on acquisition being the de-SPAC transaction.

SPACs offer a number of advantages in quickly bringing private companies to the publicly traded market compared to the traditional IPO. But, as financial regulators increase scrutiny on SPACs, sponsors and potential targets need...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!