Book launch - Mergers, Acquisitions and International Financial Regulation: Analysing Special Purpose Acquisition Companies
27 Jan 2022, 15:00 to 27 Jan 2022, 17:00
Online via Zoom
By the end of 2020, more than 240 Special Purpose Acquisition Companies (SPACs) were listed in the US (on NASDAQ or NYSE) raising a record $83 billion. The momentum carried over into 2021, with over $100 billion raised via more than 400 SPACs mainly on Wall Street, where SPACs make up two-thirds of all IPOs. The SPAC craze has been shaking the US for months, mainly because of its simplicity: a bunch of investors decides to buy shares at a fixed price in a company that initially has no assets. In this way, a SPAC, also known as "blank check company", is created as an empty shell with lots of money to spend on a corporate shopping spree. Could the trend be here to stay? Are SPACs the new legitimate path to traditional IPO? This book tackles those questions and more. It is the first book to analyse the use of SPACs from a theoretical and practical perspective, and will be relevant to academics as well as policymakers, international financial regulators, corporate finance lawyers and the financial industry more widely.
Author: Dr Daniele D'Alvia is an Associate Research Fellow at the Institute of Advanced Legal Studies (IALS). Daniele is a Teaching Fellow QMUL and a module convenor at Birkbeck.
Commentators: Prof. Paul Davies QC (hon) (Senior Research Fellow at Harris Manchester College, University of Oxford). Prof. Ligia Catherine Arias Barrera (Associate Professor at Externado de Colombia University)
This Webinar is free but advance booking is required. Details about how to join the virtual event will be circulated via email to registered attendees the day before the event.
ContactIALS Events Office
020 7862 5800