Essays about: "Special purpose acquisition company"
Showing result 1 - 5 of 16 essays containing the words Special purpose acquisition company.
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1. How do IPOs and SPACs differ in terms of post-listing performance, and how do insider and institutional ownership affect these differences?
University essay from Göteborgs universitet/Graduate SchoolAbstract : Initial Public Offerings (IPOs) and Special Purpose Acquisition Companies (SPACs) are the two most prevalent alternatives for firms seeking to list on the stock exchange, which we examine in this study. We study numerous parameters impacting the abnormal returns of IPOs and SPACs and, compare their performance in the short-term and long-term using regressions and current literature to explain the discrepancies. READ MORE
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2. SPAC Post-Merger Performance in the New Regime - An Agency Perspective
University essay from Göteborgs universitet/Graduate SchoolAbstract : SPACs are shell companies without operations created to raise capital in an IPO and subsequently identify a non-listed operating company to merge with. As of the last three years (2019-2021), the SPAC has witnessed a significant surge in popularity on the back of several tailwinds, including regulatory legitimization efforts and the participation of blue-chip sponsors and investors. READ MORE
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3. Going Public in Difficult Times - A Case Study on the Iridium Space SPAC
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This case study finds that a special purpose acquisition company (SPAC) was utilized by Iridium Communications (Iridium) as alternative equity financing when all other options had been eliminated. SPACs present certain problems with warrants and dilution, but they are flexible in structure. READ MORE
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4. Playing Poker without Looking at the Cards—Does it Even Matter?
University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistikAbstract : 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
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5. 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 statistikAbstract : 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