Special-purpose acquisition companies,or SPACs, have become the latest rage in corporate finance, allowing private companies to go public by first being acquired by a blank check company. According to the latest figures, there are over 400 SPACs now in the market that are seeking private firms to acquire and take public.
In this episode of Financial Executive Podcast we speak with Mandi Simpson, a partner with Crowe accounting advisory, and Bill Watts, a principal also with Crowe accounting advisory, about how financial executives involved with a SPAC transaction should plan and think about these unique transactions.
_The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document.