Past Event: Un-packing SPACs: Risks, Rewards and Everything in Between

Special purpose acquisition companies (SPACS) have exploded as an increasingly popular way for private companies to go public.  There were more SPAC IPOs in 2020 than traditional IPOs.  The market for SPAC IPOs and so-called “de-SPAC” transactions, by which private companies become public companies by combining with a SPAC, is […]

TechGC SPAC & Direct Listing Virtual Forum

SPACs and Direct Listings have emerged as a significant new liquidity path for high growth tech companies over the last several months. TechGC hosted a three-day virtual forum, which discussed how to approach these liquidity events strategically including evaluating which structure to use, understanding economics/dilution and how to execute on these transactions.Featured […]

Past Event: 2020 TechGC SPAC Forum

SPACs and Direct Listings have emerged as a significant new liquidity path for high growth tech companies over the last several months. In this three-day virtual forum, we’ll discuss how to approach these liquidity events strategically including evaluating which structure to use, understanding economics / dilution, and how to execute […]

Corp Fin Issues Disclosure Guidance on SPACs

Happy new year! To complete the year- and term-end surge, just before Christmas, the Corp Fin staff issued CF Disclosure Guidance: Topic No. 11 regarding disclosure considerations for special purpose acquisition companies in connection with their IPOs and subsequent business combinations, often referred to as de-SPAC transactions. As usual, the […]

Past Event: SPACs – The Next Generation of IPOs or Just a Fad?

Driven by ongoing market pressures brought on by the COVID-19 pandemic, we have seen a surge of interest in special purpose acquisition (SPAC) transactions from companies across sectors. During this session, we heard from industry lawyers, exchange executives, and investment bankers on key considerations for navigating a SPAC merger, as […]

Past Event: Pacific Southwest Region SPAC / IPO Roundtable

Cooley partners Dave Peinsipp and Sean Clayton, Deloitte, Nasdaq and an investment banker well-versed in the IPO and SPAC processes to share insights on the next normal.

Highlights from Cooley’s M&A Dealmakers Roundtable: SPACs!

On September 24, Cooley M&A partner, Garth Osterman, moderated a webinar on the current trend in going public: SPACs! Dave Peinsipp, co-chair of Cooley’s capital markets practice group and Rama Padmanabhan, a Cooley M&A partner participated in the webinar which focused on the current wave of SPAC activity and how […]

Past Event: Deloitte IPO Bootcamp 2020

Should you IPO? Timing the market can be difficult so it’s important to prepare your company well in advance of your targeted offering date. This exclusive workshop designed for C-suite executives, accounting and finance leaders of pre-IPO companies will offer actionable insights and best practices for a successful IPO. This […]

SPAC Transactions – Considerations for Target-Company CFOs

Although special-purpose acquisition companies (SPACs) have been used for decades as alternative investment vehicles, they have recently come into vogue as seasoned investors and management teams have turned to SPACs to mitigate the increased market volatility risk of traditional initial public offerings (IPOs). In fact, 2020 has been a record-breaking […]

A Couple of Quick Items Regarding IPO Alternatives

Here are two quick items regarding popular IPO alternatives, SPACs (special purpose acquisition corporations) and primary direct listings: SPACs.  In an interview on CNBC with Andrew Ross Sorkin on Thursday, SEC Chair Jay Clayton addressed the recent SPAC frenzy. (Very loosely, SPACs are companies with no real operations formed to […]