15 minutes | Oct 14th 2020

Special purpose acquisition company (SPAC) mergers: Why are companies looking to them when going public

In this episode, Monica Nayar and Mike Bellin join Eric Watson to discuss special purpose acquisition companies (SPACs), which are generating a lot of activity in the market. They explain the complexities and challenges and the actions that should be considered as companies navigate towards successful mergers when looking to go public.

We discuss the following questions: (below times are dependent on further audio edits)

0:50 - How does a SPAC work?
2:15 - What are the advantages of a SPAC for a private company?
2:49 - How is the merger timeline impacted in this process and what are the challenges companies are facing due to this?
6:46 - What are the control challenges in SPAC transactions?
8:56 - How are technology and analytics helping companies move through SPAC mergers?
12:13 - What are the first steps when a company is looking to undertake this transaction?