Home / Columns and Features / The growing popularity of the special purpose acquisition company (SPAC) (access required)

The growing popularity of the special purpose acquisition company (SPAC) (access required)

Former New York Stock Exchange President Tom Farley recently described 2020 as “The Year of the SPAC” during an interview on CNBC’s Squawk Box. Indeed, these special purpose acquisition companies attracted gross investment proceeds of approximately $80 billion last year, far surpassing the money raised through more traditional initial public offerings (IPOs). But what exactly ...

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Former New York Stock Exchange President Tom Farley recently described 2020 as “The Year of the SPAC” during an interview ...