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SPAC deals and determinants of their failures

SPAC deals and determinants of their failures

Paperback

Business General

ISBN10: 6208454913
ISBN13: 9786208454913
Publisher: LAP Lambert Academic Publishing
Published: Aug 11 2025
Pages: 80
Weight: 0.26
Height: 0.19 Width: 6.00 Depth: 9.00
Language: English
This book examines the factors behind the liquidation of Special Purpose Acquisition Companies (SPACs) during the 2020-2021 boom. While SPACs briefly dominated U.S. IPO markets, many failed to complete mergers and were liquidated. Using logistic regression on a dataset of SPACs from this period, the study identifies key drivers of liquidation, including oversupply, poor target quality, and sponsor-investor misalignment. The findings provide insights into the structural weaknesses of the SPAC model and inform investors, sponsors, and regulators about associated risks.

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Business General