“The Rise of the SPAC” Presentation
Special Purpose Acquisition Companies (“SPACs”) are companies formed to raise capital in an initial public offering (“IPO”) with the purpose of using the proceeds to acquire one or more unspecified businesses or assets to be identified after the IPO.
Refer to the presentation slides
used during the WCD Houston Chapter and Vinson & Elkins event.
Tags: Vinson & Elkins, SPAC, COVID-19