"The Insider by DFIN" is a series of video interviews featuring the latest trends, topics and key perspectives on the global capital markets.
Join DFIN President of Global Capital Markets Craig Clay as he shares his insights on impacts of current global events on public and private markets today.
SEC Commissioner Hester M. Pierce previously argued, “We should be using the moment to ask whether the SPAC revival of recent years reveals shortcoming with the traditional IPO process and to consider ways to calibrate properly the rules governing IPOs, SPACs, and Direct Listings." This week, the U.S.
The past 12 months have been a whirlwind of M&A activity & public debuts. As many companies prepared to go public and wrestled over whether to do a traditional IPO or merge with a SPAC, several public companies moved in the opposite direction. They announced they were going private.
In fact, some experts are now predicting that the flood of IPOs and SPACs will be replaced by a surge in companies leaving the public markets. Companies including our own clients Houghton Mifflin, Citrix, and MoneyGram have already chosen this option.
The global capital markets saw a spike in popularity in IPOs of special purpose acquisition companies (SPACs), particularly in the U.S. where SPAC listings have grown exponentially in the past few years.
DFIN announced its fourth quarter and full-year earnings on Tuesday. You can read the press announcement here.
“The Insider by DFIN” is a series of video interviews featuring latest topics and key perspectives on the global capital markets.
It has been said that we are at the front end of an explosion of science--and that this is "the century" of biology. There is no question or doubt that the COVID-19 pandemic accelerated the Life Sciences industry—and that speed of innovation is nothing short of remarkable and unparalleled.
While it may not be the first thing you think about when planning for a merger or IPO, sooner or later, your company will need to tackle investor relations. Read on to learn the basics of the investor relations role.
New partnership equips companies with SOX compliance, board management and financial reporting technology tools to successfully go public
While SPACs were once viewed as the back door route to going public, these days, the IPO alternative is mainstream. SPACs are in the news nearly every day as major companies are opting for the SPAC route to taking a company public. While they may be trendy, SPAC is still a complex process and one that requires ample preparation.
The following SPAC checklist of documentation and SPAC readiness information should help you navigate the SPAC process timeline with ease.
1. Legal
As of December 2020, more than 200 companies had used a SPAC (special purpose acquisition company), to go public, rather than the more traditional IPO (initial public offering) method. SPACs continue to dominate business headlines, with SPAC transactions accounting for some $170 billion in equity thus far in 2021.