The rise of SPACs – fad or future
A Special Purpose Acquisition Company (SPAC) is a company shell created to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. Also known as “blank check companies,” SPACs have been around for decades. So why are they so hot now?
Distinguished alumni discuss SPACs; what’s in it for the companies, managers, and the rest of us.
Speakers
Eklavya Saraf (Questrom ’05)
Global Head of SPAC Listings at Nasdaq
Jane Goldstein (LAW ’89, CAS’ 82)
Partner, co-head of Ropes & Gray’s Mergers & Acquisitions Group
Mikhail Gurevich, (ENG’07, Questromᴳ’12)
Managing Partner of Dominion Capital LLC, and a SPAC investor
Moderator
Nina Streeter
Boston University Finance Lecturer