The SPAC trend has spread to global capital markets hubs, including many in Europe, Latham & Watkins write for JDSupra. As a result, European based investors, sponsors, targets and regulators are focused on the SPAC model and ensuring that transactions are structured in compliance with the existing regulatory framework. Certain National Competent Authorities (NCAs) are also taking steps to build a new regulatory framework for SPACs looking to list in their market. Read more.
Related Posts
Three Areas of Focus for Compliance Teams as New SPAC Regulations Loom
Regulators in the EU and Asia have already issued rules and guidelines to allow the issuance of SPACs in those jurisdictions, and it’s unlikely that deal activity will come to a complete halt in the United States. As such, compliance teams must understand the risks that these entities can pose to their firms.
Spotify Rival Deezer Nears Deal to Go Public via SPAC
The Paris-based competitor to Spotify Technology SA and other music streamers has 16 million active users and is available in more than 180 countries.
A-Rod’s SPAC Ends Panini Pursuit After NBA, NFL License Losses: Report
Slam Corp. had been conducting due diligence on a transaction set to value Panini at $3 billion or more.
Awaiting SPAC Merger, Sonder Outlines 2021 Growth
No announcement of the SPAC shareholder vote was made on Jan. 14 and, due to the Martin Luther King Jr. holiday, news of the vote is not expected earlier than tomorrow, Jan. 18.