SPAC? Hello, IPO 2.0

LawTalk UK: Commercial Awareness - A podcast by Wesley Ding

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Business

2020 is the year of the SPAC, says MarketWatch. In a period of 24 hours in 2020, more money was raised from SPACs than in all of 2014. But if you have no clue what a SPAC is, this episode is for you. TIMESTAMPS (00:35) What is a SPAC? (01:51) Advantages of SPACs (03:42) Disadvantages of SPACs (05:39) Why are SPACs popular all of a sudden?  (06:12) Why aren't SPACs so hot in the UK?