


{"id":43779,"date":"2021-12-08T15:15:59","date_gmt":"2021-12-08T13:15:59","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/spacs-money-goes-public-2\/"},"modified":"2022-05-27T14:04:17","modified_gmt":"2022-05-27T12:04:17","slug":"spacs-money-goes-public","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/spacs-money-goes-public\/","title":{"rendered":"SPACs \u2014 Money Goes Public"},"content":{"rendered":"<p><strong>Prof. Dr. R\u00fcdi\u00adger Loitz<\/strong> \u2014 Faculty of Busi\u00adness Admi\u00adnis\u00adtra\u00adtion at the Univer\u00adsity of Colo\u00adgne, Cologne<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In times of low inte\u00adrest rates, inves\u00adtors are looking for new forms of invest\u00adment. For a short time now, Special Purpose Acqui\u00adsi\u00adtion Compa\u00adnies (herein\u00adaf\u00adter abbreviated:<br>\n\u201cSPAC\u201d) has become very popu\u00adlar. These are listed compa\u00adnies that only hold cash and are ther\u00ade\u00adfore often refer\u00adred to as \u201cblank check compa\u00adnies\u201d. Over a period of 18 to 24 months, a target company will be sought with which SPAC will merge.2 The target company may have its regis\u00adtered office in Germany or abroad. In 2020, there were about 250 SPACs listed on the stock market with a total value of $79 billion; in Janu\u00adary 2021, their value increased by $40 billion.3 Inte\u00adrest in SPACs is growing, parti\u00adcu\u00adlarly in the USA, while Euro\u00adpean inves\u00adtors are still reluc\u00adtant. Hundreds of SPACs are curr\u00adently looking for compa\u00adnies to acquire, with appro\u00adxi\u00adm\u00adately 400 in the US. 4 Howe\u00adver, the entry of a company that will later operate on the capi\u00adtal market brings not only oppor\u00adtu\u00adni\u00adties but also chal\u00adlenges, espe\u00adci\u00adally for the target company. The follo\u00adwing comm\u00adents high\u00adlight the requi\u00adre\u00adments and chal\u00adlenges of a SPAC tran\u00adsac\u00adtion and provide an over\u00adview of deve\u00adlo\u00adp\u00adments in the German environment.<\/p>\n","protected":false},"featured_media":38339,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452],"product_tag":[1419,1421,1422,1423],"class_list":{"0":"post-43779","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_tag-spac-en","8":"product_tag-special-purpose-acquisition-companies-en","9":"product_tag-investment-forms","10":"product_tag-spac-transaction","11":"pa_ausgabe-deutsch-en","12":"pa_ausgabe-englisch-en","14":"first","15":"instock","16":"taxable","17":"shipping-taxable","18":"purchasable","19":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SPACs - Money Goes Public - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/spacs-money-goes-public\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPACs - Money Goes Public - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"In times of low interest rates, investors are looking for new forms of investment. For a short time now, Special Purpose Acquisition Companies (hereinafter abbreviated: &quot;SPAC&quot;) has become very popular. These are listed companies that only hold cash and are therefore often referred to as &quot;blank check companies&quot;. Over a period of 18 to 24 months, a target company will be sought with which SPAC will merge.2 The target company may have its registered office in Germany or abroad. In 2020, there were about 250 SPACs listed on the stock market with a total value of $79 billion; in January 2021, their value increased by $40 billion.3 Interest in SPACs is growing, particularly in the USA, while European investors are still reluctant. Hundreds of SPACs are currently looking for companies to acquire, with approximately 400 in the US. 4 However, the entry of a company that will later operate on the capital market brings not only opportunities but also challenges, especially for the target company. 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