Special Purpose Acquisition Companies (SPACs) are a financial vehicle used by private companies to raise capital and go public. In the United States, $37 billion of capital has been raised for SPACs since 2003.
As the SPAC market has matured, the quality of banks underwriting and sourcing management teams for SPACs have improved as well. These trends support the view that SPACs are a viable source of capital for private companies looking to go public.
Goal of the service:
To provide timely updates of SPAC activity and to provide a robust database of SPAC information.
Subscribers to the service will have access to:
Timely email updates of all SPAC market activity
Summary of all key data for all SPACs organized in a user friendly fashion
Tracking of the SPAC from its pre IPO filing through to shareholder vote i.e. highlights with calls with mgmt, industry news, tracking of comps etc.
Who is this Service for?
SPAC Bankers: who want to keep a tab of current events in the entire universe of SPACs and track how the street evaluates and reacts to the newco’s being created.
SPAC Management Teams:who want to be informed of the most current transaction structures and tactics used to raise capital and gain shareholder approval.
Portfolio Managers:who have existing positions in SPACs and want timely updates regarding the securities they own, as well as updates on prospective SPACs they may want to invest in the future.