In The Press July 25, 2022

Stalled SPAC Market Paves Way for London Alternative: ECM Watch (Bloomberg)

A collapse in US blank-check listings is opening the door for an alternative structure in London that seeks to mitigate risks for investors in the beleaguered market. “A regime with enhanced investor protection standards and London’s efforts to attract more growth capital may stand us in good stead,” said Ariel White-Tsimikalis, a Capital Markets partner at Goodwin. “Particularly if deals are structured away from being perceived as overly sponsor-friendly, which was one of the reasons why the US SPAC market has gone so sour.” Bloomberg terminal access required to read the article.