SPACs: Navigating Challenges in an Evolving Market

Tuesday, May 17, 2022, 12:00 PM to 1:15 PM @Webinar/Virtual : 

Recording of Webinar

A discussion of current trends in a fast-changing SPAC market and recent developments impacting SPACs and their targets, including the SEC’s proposed new rules regarding SPAC transactions and litigation involving SPACs and companies that have gone public through SPAC transactions. The panel discussed issues and risks that management teams, boards of directors, advisors, and investors should consider in connection with evaluating and pursuing transactions involving SPACs.  The panelists are:

• The Honorable Lori Will, Vice Chancellor, Delaware Court of Chancery
• Tammy Mercer, Chair, Corporate Litigation and Counseling Group and Partner, Young Conaway Stargatt & Taylor, LLP
• Lori Zyskowski, Partner and Co-Chair of the Securities Regulation and Corporate Governance Practice Group, Gibson, Dunn & Crutcher LLP
• Evan D’Amico, Partner, Gibson, Dunn & Crutcher LLP (Moderator)

Bios

• The Honorable Lori Will
• Tammy Mercer
• Lori Zyskowski
• Evan D’Amico

Materials

• Slides:  SPACs: Navigating Challenges in an Evolving Market
• SEC’s proposed rule, “Special Purpose Acquisition Companies, Shell Companies, and Projections”
• “SEC Proposes Rules to Align SPACs More Closely with IPOs” (Gibson Dunn)
• Statement from SEC Chair Gary Gensler
• Statement from SEC Commissioner Peirce: 
• In re MultiPlan Corp. Stockholders Litigation
• “The New Age of Special Purpose Acquisition Companies:  What Investors Should Know,” CFA Institute, May 2022
• CFA Press Release