Financial Advisor

Goldman Ditches Ban On SPACs As Blank-Check Firms Stage Comeback

Goldman Sachs Group Inc. is wading back into the market for SPACs three years after stricter regulatory scrutiny prompted a self-imposed ban on handling so-called blank-check companies. The investment ...
Business Insider

SPACs are taking over the stock market. Here's an easy guide to the journey they take from start to finish.

There's been a surge in special purpose acquisition companies, or SPACs. Because of the frenzy of SPACs, finding bankers and lawyers and securing eventual deals is getting harder. From a SPAC-off, to ...
St. Louis Post-Dispatch

Special Purpose Acquisition Company: What Is A SPAC?

How Does a SPAC Work? SPACs are a way for companies to make the leap from privately held to publicly traded in a way that’s often less complicated than an initial public offering (IPO), according to ...

Elite law firms are rushing into the 'SPAC' craze, looking to make hundreds of millions of dollars in the process — here's how it works

SPACs often pay around $300,000 for legal advice on their IPOs, and the eventual merger often results in legal fees that can be 3 to 5 times what it cost to go public, attorneys say.
Nasdaq

What Is a Special Purpose Acquisition Company (SPAC)?

Special purpose acquisition companies (SPACs) offer a unique way for companies to go public. A SPAC is a shell company listed on a stock exchange that aims to acquire a private company, allowing it to ...