SPACtivity

Deals, Insight, Guidance

A repository of market insight and our guidance for businesses focused on the popular alternative to a traditional IPO: special purpose acquisition company (SPAC) merger.

Insight

Recent Cooley transactions

Programs

Upcoming

Behind the Scenes of the 2021 IPO & SPAC Boom
May 4 & 11, 2021 – Join Cooley, DFIN, PwC, Nasdaq and The Blueshirt Group for a two-part webinar series Behind the Scenes of the 2021 IPO & SPAC Boom on May 4 & 11, 2021. Hear the latest insights from leaders who have successfully completed recent IPOs or SPAC mergers and learn about the current capital raising environment, market trends and the level of preparation necessary for going public and acting as a public company.

Past

PwC Southwest IPO/SPAC Readiness Seminar
April 20, 2021 – Tom Hopkins and PWC took part in a panel that addressed the novel challenges of capital raising during a pandemic and what your team can do to be prepared for when your time is right with advice on navigating IPOs or pursued alternative liquidity strategies, including direct listings, SPACs, secondary transactions and M&A.

The Tech M&A Bounceback
March 31, 2021 – Axios + Jamie Leigh, Cooley Partner and M&A Co-Chair, held a virtual event on new deal-making in tech M&A. They discussed the future of the market and how innovative teams are getting things done.
View recorded webinar

Un-packing SPACs: Risks, Rewards and Everything in Between
March 4, 2021 – Cooley partner Matthew Browne participated on a panel that discussed many SPAC-related topics, mostly involving the SPAC path to public for private companies.

TechGC SPAC & Direct Listing Virtual Forum
February 2–4, 2021 – Cooley partners Dave Peinsipp and Garth Osterman led a panel on how to approach SPACs strategically including evaluating which structure to use, understanding economics/dilution and how to execute on these transactions.

Pacific Southwest Region SPAC / IPO Roundtable
November 12, 2020 – Cooley partners Dave Peinsipp and Sean Clayton talked with Deloitte, Nasdaq and an investment banker well-versed in the IPO and SPAC processes and shared insights on the next normal.

Cell & Gene Meeting on the Mesa
October 12–16, 2020The sector’s foremost annual conference brought together senior executives and top decision-makers in the industry to advance cutting-edge research into cures.

Dealmakers Roundtable: SPACs!
September 24, 2020 – A high-level overview of the structure, key considerations, reasons SPACs are so popular and discussion on the key question of how to decide between a SPAC vs. direct listing vs. traditional IPO.
View recorded webinar

Bay Area IPO Readiness Workshop
September 17, 2020 – A panel featuring leaders well-versed in the IPO, direct listing and SPAC processes shared their insights on the next normal.

The 2020 IPO Comeback Series: Alternative Liquidity Strategies: SPACs, Direct Listings
September 1, 2020 – Part two of the PWC hosted 2020 IPO Comeback Series discussed the novel challenges of capital raising during a pandemic.

SPAC resources

Muddy Waters, MultiPlan Tussle Over SPAC Deal The (Deal)

SPAC Market Shows Signs of Bubble (The Deal)

SPAC Insider

SPAC Attack: Everything a Founder or Investor Should Know (John Luttig)

Almost Everything You Need to Know About SPACs (TechCrunch)

Here’s How SPACs Work and Why They’re so Popular (Bloomberg)

Related Contacts
David Peinsipp Partner, San Francisco
Yvan-Claude Pierre Partner, New York
Garth Osterman Partner, San Francisco
John McKenna Partner, Palo Alto
Jamie Leigh Partner, San Francisco
Michal Berkner Partner, London
Barbara Borden Partner, San Diego
Matt Browne Partner, San Diego
Luke Cadigan Partner, Boston
Kevin Cooper Partner, New York
Koji Fukumura Partner, San Diego
Jim Fulton Partner, New York
Charlie Kim Partner, San Diego
Rama Padmanabhan Partner, San Diego
Rachel Proffitt Partner, San Francisco
David Silverman Partner, New York
Justin Stock Managing Partner – London
Steve Tonsfeldt Partner, Palo Alto
Kristin VanderPas Partner, San Francisco
Miguel J. Vega Partner, Boston
Related Practices & Industries

Capital Markets Mergers & Acquisitions