MORROW SODALI LEADS IN SPAC MARKET SHARE AS SPAC MERGER LISTINGS SURGE

Special purpose acquisition companies (SPACs) have enjoyed a surge in popularity in the US this year, with 183 public listings raising a total of $66 billion to date, more than the previous five years combined. At the same time, a seismic shift within the market is leading to increasingly complex transactions, posing new challenges for dealmakers as they navigate the intricate regulatory and securities exchange requirements of the SPAC lifecycle as well as the recent mass invasion of retail shareholders into some of the most popular SPACs. This has resulted in soaring demand for the services of the SPAC specialists at Morrow Sodali, the global corporate advisory firm that handles the large majority of SPAC deals and leads the market for specialized SPAC and post-SPAC services.  On the strength of its leading position in SPAC M&A, Morrow Sodali was ranked number one by The Deal’s League Tables for M&A Proxy and Information Agents across all transactions for the period of January through September 2020.

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