Expired SPAC CRAZE : Why sponsors and targets have become crazy about Luxembourg

Why sponsors and targets have become crazy about Luxembourg

What are SPACs and why is Luxembourg gaining attention as a jurisdiction of choice? Join this informative webinar with panelists from Ernst & Young to learn more.

SPACs are “Special Purpose Acquisition Companies” and they raise money from the public in an IPO as a blank check company, with a mandate to identify a target in a designated industry within a specific period of time (typically 24 months from the date of the IPO). The presentation will discuss the specifics of the SPAC mechanics before addressing the reasons why Luxembourg is becoming a jurisdiction of choice for the company whose shares are being listed in connection with European transactions.