Special purpose acquisition companies (SPACs) have been around for decades but soared in popularity during the onset of the COVID-19 pandemic. After SPACs encountered a dramatic slowdown last year, followed by a downturn in the public market this year due to a spate of headwinds, SPACs are on the rebound in the U.S.
With newly proposed S.E.C. regulations likely to give investors more confidence, 2022 is on track to close more SPAC mergers than in 2020.
To learn more about the current SPACs landscape in America, we’re joined by Rachel Stone, a fintech reporter at Mergermarket. Dealcast is presented by Mergermarket and SS&C Intralinks.
In this episode, you’ll learn about:
Deal flow data for 2022Where the SPAC market stands in the U.S. amid the current stock market declineWhat contributed to USD 32 billion in failed SPAC mergersThe potential impact of the S.E.C.’s sweeping proposed set of rules for SPACs and de-SPAC deals Why the stock price of many de-SPACed companies has plummetedHow de-SPAC companies could become acquisition targetsThe gradual uptick in SPACs this yearDealmakers, sign up for our monthly INsights newsletter here.