Special Purpose Acquisition Companies (SPACs) are a convenient way of raising finance for a specific purpose, most usually the acquisition of a third party company. Listing a SPAC on London Stock Exchange is a straightforward step by step process, beginning with an Initial Public Offering (IPO), that allows sponsors to attract a wide range of potential investors interested in generating returns through the acquisition of an attractive company or other asset.
The sponsor uses their network and industry knowledge to source a target for acquisition:
The company uses proceeds, and can use debt and further equity issuance to fund acquisition of a selected target:
The company 'de-SPACs' and becomes a normal operating company.
Liquidation occurs if the business combination is not executed within the agreed timeline:
If you’d like to talk to us about listing your investment funds on the London Stock Exchange, please contact us via the form and a member of our team will be in touch to see how we can help you establish in London and start growing globally.
Head of Platforms and Product, Primary Markets
Business Development Manager, Primary Markets
Business Development Manager, Primary Markets
Senior Manager, Product Development