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SPACs And CFIUS: Due Diligence Considerations - Government, Public Sector


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Special purpose acquisition companies (SPACs), which provide
unique opportunities to raise capital from a diverse group of
investors and invest in companies, are currently flourishing as
investment vehicles. The United States remains the primary market
for SPAC listings globally, and many Asian and European investors
are piling into the U.S. SPAC market. In 2020 alone, investment
firms in mainland China, Hong Kong, and Singapore raised billions
of dollars on the New York Stock Exchange and Nasdaq via SPACs. In
fact, by February 18, 2021, eight SPACs sponsored by Asian ....

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