Remove Accountant Remove Blog Remove Trading Securities
article thumbnail

SPAC Trend Gives Rise to Securities Enforcement and Litigation Risks

Cooley M&A

The SPAC then sells shares of the SPAC company to the public in what is known as a SPAC IPO, and proceeds equal to the amount raised in the SPAC IPO are placed into a trust account. The combined company benefits from the target’s operations and the liquidity of the SPAC’s publicly traded securities. Contributors. Luke Cadigan.