Thierry Wuilloud, managing director at Water Tower Research, joined Proactive’s Stephen Gunnion to discuss the dynamics of special purpose acquisition companies (SPACs).
In his report, ‘Understanding the Inner Dynamics of SPACs From IPO Through Acquisition’, Wuilloud says SPACs have gained rapid traction in the last two years as another viable tool to access public market capital.
While they are here to stay and may represent attractive opportunities for all participants involved, Wuilloud says it is likely that regulatory scrutiny will force their structure to evolve further.
The full report can be access on the watertowerresearch.com website.