Special purpose acquisition companies, or SPACs, have been a force to be reckoned with in the capital markets world, accounting for a record $83 billion of fundraising activity last year and more than $50 billion in less than two months of 2021. Hard asset acquisitions have been noticeable absent from the recent flurry of SPAC activity. But there is good reason for that, Jocelyn Arel, a Technology partner with Goodwin who also leads the firm’s SPAC practice, told PERE. Read the article here.
In The Press February 23, 2021