SPAC, IPO or Private Equity: Which Exit Fits, and Are You Ready?

Kate Bechen participated in the American Health Law Association’s Health Care Transactions 2022 program on April 26, 2022. Bechen’s session, “SPAC, IPO or Private Equity: Which Exit Fits, and Are You Ready?,” covered

• Level setting–high level overview of what a SPAC is
• Rise of the SPAC–brief comments on the history of SPACs, been around a while, came into focus/frenzy 2020/2021, seeing a cooling of interest
• Reasons to consider a SPAC–what companies benefit the most from a SPAC deal? What are the advantages of a SPAC v IPO
• Limitations facing SPACs–shareholder class action lawsuits, SEC scrutiny, new regulations, valuation issues, PIPE market
• Future of SPACs–where we see SPAC transactions going once the market picks back up and opportunities in the health care space

Robin Lehninger also attended the conference.