In The Press September 10, 2020

Hedge Fund-Backed SPAC Leads 3 IPOs Raising $860M Total (Law360)

A blank-check company backed by activist hedge fund Starboard Value led three initial public offerings to hit markets after raising a combined $860 million, adding to the yearlong blitz in IPOs by special purpose acquisition companies. Prime Impact Acquisition I is included in this fray, raising $300 million. Prime Impact is represented by a Goodwin Technology and SPACs team led by partners Jocelyn Arel, Heidi Mayon and Daniel Espinoza.