Skip to main content
  1. Special purpose acquisition companies (S...

Special purpose acquisition companies (SPACs)

A global leader in SPACs.

Freshfields handles all elements of the SPAC (special purpose acquisition company) and de-SPAC process—from the SPAC's formation and IPO to the subsequent business combination—with top-tier M&A, capital markets, corporate governance, tax and benefits lawyers.

With dozens of SPAC transactions under our belts and longstanding relationships with all constituencies, including the investment banks, PIPE investors, sponsors, legal advisors and PR firms, we have the stature to successfully resolve sticking points and the temperament to work constructively with all major players in the SPAC and de-SPAC process.

We leverage our deep experience navigating the SEC and other global regulators alongside the legal, contractual and disclosure issues on which the regulators, the exchanges, the merger parties and their advisors will be most focused to drive an efficient, seamless process from start-to-finish.

Freshfields is particularly strong on cross-border SPAC matters, and has deep familiarity with the specific securities and tax issues they raise. With 2,800 lawyers in 28 offices around the world, we are uniquely poised to assist on these matters.

Client successes

SPACs videos and podcasts

Article

End of Life Options for Ex-Spacs

Read more here

Capital markets and financing

Related services

SPACs blog posts

2022 De-SPAC Debrief

We're pleased to announce Freshfields' 2022 De-SPAC Debrief: A comprehensive review of all 102 de-SPAC transactions that closed in 2022. 2022, a challenging year for SPACs, was also the 2nd biggest…

Author(s): Michael Levitt, Valerie Ford Jacob, Sebastian Fain

  • spacs
  • de-spacs
  • capital markets and securities
  • m&a

Acquiring a De-SPACed Company – Key M&A Considerations

This article originally appeared in the ABA Business Law Today on September 12, 2022. The SPAC IPO Market and the De-SPAC Market Have Slowed Dramatically During 2022. By all measures, 2022 has not…

Author(s): Jenny Hochenberg, Brayden Koslowsky

  • corporate
  • de-spac
  • spacs
  • m&a
  • capital markets and securities

Freshfields Sends Comments to SEC on SPAC / De-SPAC Rulemaking Proposal

Freshfields Bruckhaus Deringer US LLP has provided  a comment letter to the Securities & Exchange Commission with respect to the SEC’s proposed rulemaking regarding special purpose acquisition…

Author(s): Michael Levitt, Jeremy Barr, Brian Lewis

  • corporate
  • corporate governance
  • de-spac
  • capital markets and securities
  • sec
  • spacs
  • m&a

Freshfields Partners Not Alarmed By Slump In SPAC Deals

The following article was originally published by Law360 on April 22, 2022. Click here to view.Although SPAC mergers and IPOs are at their lowest levels since the onset of the pandemic, special…

Author(s): Michael Levitt, Sebastian Fain

  • m&a
  • capital markets and securities
  • spacs

SPAC to the Future? SEC Takes Aim at the De-SPAC

The SEC has issued its long-awaited rule proposals regarding SPACs and de-SPACs.  The proposals, if adopted, will significantly alter the de-SPAC route to the public markets for private companies and…

Author(s): Michael Levitt, Valerie Ford Jacob, Pamela Marcogliese

  • capital markets and securities
  • corporate
  • corporate governance
  • m&a
  • spacs
  • financial institutions

SEC Issues Guidance on SPAC Sponsors Purchasing Shares During a Redemption Offer

On March 22, 2022, the U.S. Securities and Exchange Commission (the “SEC”) published a new compliance and disclosure interpretation (“C&DI”) that provided guidance as to when and how a SPAC sponsor…

Author(s): Jeremy Barr, Fatima Anjum, Pamela Marcogliese

  • capital markets and securities
  • m&a
  • corporate
  • spacs

2021 De-SPAC Debrief

We’re pleased to announce Freshfields’ 2021 De-SPAC Debrief: A comprehensive review of all de-SPAC transactions that closed in 2021. 2021 was a record-breaking year in SPAC M&A with more de-SPAC…

Author(s): Michael Levitt, Valerie Ford Jacob, Sebastian Fain, Pamela Marcogliese, Paul Tiger, Andrea Basham

  • capital markets and securities
  • m&a
  • spacs
  • de-spacs

Freshfields partner and co-head of US Corporate and M&A Ethan Klingsberg talks M&A in 2022 with Bloomberg TV

Partner and co-head of US Corporate and M&A Ethan Klingsberg recently appeared on Bloomberg Markets: The Close to discuss what he sees as the key drivers for deals in 2022.“You know there are a lot…

Author(s): Ethan Klingsberg

  • m&a
  • spacs
Previous
Next
See all blogs

Meet the team

Announce carousel

Country Selector

Our regional experience

Europe

Americas

Asia-Pacific

Middle East

Africa

International language sites