SPACS | A high level summary

The popularity of a special purpose acquisition company (SPAC) has significantly risen recently, originating from the United States and now more frequently in Europe and especially in the Netherlands. A SPAC is a relatively inexpensive and quicker way to get listed compared to the traditional initial public offering (IPO). A SPAC is a company starting with no business that raises capital by means of an IPO for the purpose of acquiring an existing operating company. Subsequently, that operating company can merge with (or be acquired by) the publicly traded SPAC and become the listed company in lieu of arranging its own IPO. Our new leaflet gives a high-level summary of the basic features of SPACs.

Leaflet SPACS | a high level summary