TAKEAWAYS 1. Target, sponsor, or investor (pre-IPO) 2. 5 SPACs per day average in 2021 3. Just Another Acquisition Corp...no idea what you are investing in 4. For every unicorn, there are 2/3 of a SPAC chasing them 5. Termination dates matter; the further on, the more likely the SPAC sponsor will be pressured to buy 6. Sponsors are taking up to 20% of the deal
Thank you Kevin Lutz, Founder & Managing Partner at Resolute Partners Group, for sharing your perspective on SPACs.