A Special Purpose Acquistion Company, or a SPAC, is a company that was not an actual company at the time of the IPO (‘blank check company‘). The purpose of the founders of a SPAC, called “sponsors”, is to raise capital through an issuance of shares and warrants that are listed on a stock exchange, called “units” combined. One or more acquisitions of existing companies are then made with that capital, which are also referred to as ‘business combinations‘. It will often concern a (substantial) minority interest in a target.

SPACs have been around for decades and have become a significant part of the Capital Markets in the Netherlands since the summer of 2020, alongside IPOs and bond issues.

Advice on national and international capital market transactions

National and international capital market transactions require specialised legal knowledge. VIOTTA’s lawyers have extensive experience in assisting companies with an initial public offering (IPO) and have advised both Dutch and foreign companies on their listing on Euronext Amsterdam, the New York Stock Exchange (NYSE) and the NASDAQ.

From the moment you approach us, we guide you from start to finish. This way, you can be sure that everything is properly arranged. Do not hesitate and contact us today.

SPAC

Do you want to get in contact with VIOTTA?

Contact VIOTTA.

By VIOTTA.

Recent cases.

This is what we do best.

Expertise.

Restructuring & Insolvency

VIOTTA’s insolvency lawyers have many years of national and international experience at various law firms.