Essays about: "Special Purpose Acquisition Company"

Showing result 1 - 5 of 13 essays containing the words Special Purpose Acquisition Company.

  1. 1. Playing Poker without Looking at the Cards—Does it Even Matter?

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Erik Hillestad Andréasson; Gustav Blomdahl; [2021-07-06]
    Keywords : Special Purpose Acquisition Company; SPAC; Stock Performance; Performance Determinant; Management characteristic; C-Suite; Gender Diversity; Scope;

    Abstract : In 2020, the recent boom of Special Purpose Acquisition Companies (SPACs) resulted in this financial vehicle overtaking traditional IPOs as the leading firm structure for taking companies public. The dormant structure of SPACs forces investors to primarily rely on the management team to find value-creating acqui-sitions. READ MORE

  3. 2. Special Purpose Acquisition Companies : An Analysis on Stock Prices of Special Purpose Acquisition Companies, and factors contributing to price variations during its lifetime

    University essay from KTH/Matematisk statistik

    Author : Lawin Youssef; Jonathan Bruchhausen; [2021]
    Keywords : ;

    Abstract : In recent years the number of Special Purpose Acquisition Companies that have entered financialmarkets has increased tremendously, especially in the United States. An important query to this ishow they are valued and priced on stock exchanges. READ MORE

  4. 3. Betting on the jockey rather than the horse : a study on the determinants of mergers of SPAC IPOs

    University essay from Uppsala universitet/Företagsekonomiska institutionen; Uppsala universitet/Företagsekonomiska institutionen

    Author : Johan Kajerdt; Andreas Rydberg; [2021]
    Keywords : Blank checks; Initial Public Offering IPO ; Mergers and Acquisitions M A ; Special Purpose Acquisition Companies; SPACs; Skalbolag; Börsnoteringar; Fusioner; Förvärv; Blank checks; Initial Public Offering IPO ; Mergers and Acquisitions M A ; Special Purpose Acquisition Companies; SPACs;

    Abstract : Special Purpose Acquisition Companies (SPACs) are public shell entities uniquely constructed to acquire one or more privately held businesses. The transaction's structural characteristics put significant pressure on the management team's capabilities to find a suitable company to acquire within the predetermined time frame. READ MORE

  5. 4. SPAC Post-Merger Performance

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Tim Söderman; Rasmus Hjorter Blomberg; [2021]
    Keywords : Special Purpose Acquisition Company SPAC ; Incentive Structure; Moral Hazard; Long-Term Performance; Management Expertise; Business and Economics;

    Abstract : Special purpose acquisition companies (SPACs) are shell companies with no operational assets with the sole purpose of using the raised capital from the initial public offering (IPO) to acquire a private target firm within a predetermined time frame. This financial vehicle has in recent years surged in interest and media coverage. READ MORE

  6. 5. Understanding SPACs: A study of stakeholder characteristics in the US SPAC market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Petter Björklund; [2021]
    Keywords : Special Purpose Acquisition Company; SPAC; Initial Public Offering; Reverse Merger; Shell Company;

    Abstract : The number of Special Purpose Acquisition Companies ("SPACs") have surged in the recent year, despite previous research documenting the historical underperformance of SPACs, both compared to the market and traditional initial public offerings ("IPOs"). The purpose of this thesis is to contribute to an increased understanding of the US SPAC market and to further investigate stakeholder characteristics that in turn could point us towards an understanding of the SPAC market's general nature and development over time. READ MORE