In this episode, the speakers explore why SPACs remain highly relevant despite market volatility and regulatory headwinds.
In 2021, more than 40% of new public companies listed through mergers with Special Purpose Acquisition Companies (SPACs). While SPACs have been around for decades, the boom of the last few years has dominated its narrative in the marketplace. Today, there are hundreds of SPACs seeking “transactable” targets that face potential liquidation in the next year or so if deals aren’t made. Against this backdrop, SPAC sponsors are operating in an extremely choppy market environment for SPACs and other new issues, and recently proposed Securities and Exchange Commission (SEC) regulation has increased uncertainty in an already uneasy deal-making environment.
Today’s episode explores why SPACs remain highly relevant in EY dialogue with operating companies and their backers despite the market and regulatory headwinds.
What is in store for SPACs over the next one to two years and beyond?
- Recent innovation and complexity in SPAC mergers
- Evolving negotiation dynamics in recent dealmaking processes
- Ongoing evolution of what makes an attractive operating company for a SPAC merger
- Transforming and adapting of SPACs in the face of the current challenges
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Presenters
Karim Anani
EY Americas Financial Accounting Advisory Services Transactions Leader; SPAC Co-LeaderPodcast
Episode 49
Duration 30m 00s
In this series
Series overviewWhat’s in store for SPACs
Episode 49
Presenters
EY Americas Financial Accounting Advisory Services Transactions Leader; SPAC Co-Leader
How today’s economic rebalancing is impacting PE
Episode 48
Presenters
EY-Parthenon Chief Economist, Strategy and Transactions, Ernst & Young LLP
PE Pulse: Five takeaways from 1Q 2022
Episode 47
Presenters
What PE is outsourcing to create value
Episode 46
Presenters
How PE can use the ‘See, Solve, Scale’ process to screen investments
Episode 45
Presenters
Executive Director of the Nelson Center for Entrepreneurship at Brown University
Why mentoring matters for women in PE
Episode 44
Presenters
CEO of Level20
How PE firms can win tech deals
Episode 43
Presenters
EY-Parthenon Principal, Strategy and Transactions, Ernst & Young LLP; EY Global Head of Software Strategy Group
Managing Director, Crosspoint Capital
PE Pulse: Five takeaways from 4Q 2021
Episode 42
