SPACs Unpacked: So You Received a SPAC Bid. Now What?

 
April 22, 2021

SPACs have represented a significant portion of private equity dealmaking, having become a viable exit alternative for PE portfolio companies. But statements from the SEC just last week on their liability risk as well as the accounting treatment of SPAC warrants may give stakeholders pause, while other unique legal, business and financial nuances of SPAC exits can become deal breakers if not properly understood.

In this video broadcast, members of Dechert's corporate practice and experts from Houlihan Lokey discuss the key issues that a PE sponsor must consider when contemplating a SPAC transaction, including “SPAC math” and other fundamentals, pro forma ownership, management and control, IPO readiness and what the SEC’s position may mean for the vehicle going forward.

SPACs Unpacked: So You Received a SPAC Bid. Now What?


Guest Speakers

Rich Lacher
Managing Director | Mergers & Acquisitions
Houlihan Lokey

Lawson Smith
Managing Director | Accounting and Financial Reporting
Houlihan Lokey
 

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