The Katten law firm conducted a survey of 80 investment professionals in March and a follow-up survey of another 100 investment professionals in May that showed 72 percent of investors working in private equity, venture capital, hedge funds and investment banks, who have participated in a SPAC transaction, agree that SPAC IPO activity will increase through 2022, JD Supra reports.
Katten shared the results of its survey findings in a report titled, “SPAC to the Future: Despite Slowdown, SPACs Continue to Be Viewed as Favorable Investment Opportunities.” The purpose of the survey was to address what is causing the increase in SPAC transactions and its recent slowdown. The survey explained why SPAC transactions are more popular when compared to traditional IPOs — including that they offer a simpler and more flexible process. Read more.
