In the News The Deal

SPAC IPO Dollar Volume Doubles in 2015

Carol Anne Huff commented on the impact of the changing ratio of SPAC offerings.

"'The reduction in the number of warrants issued by SPACs as part of the IPO units from two warrants to one warrant and now the further change to one-half or even one-third of a warrant will make the SPAC structure more attractive to sponsors and appears to have gained acceptance in the market,' said Kirkland & Ellis LLP partner Carol Anne Huff in Chicago."

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