Special Purpose Acquisition Companies (SPACs), also known as “blank check” companies, raise capital in an initial public offering for the purpose of combining with an existing private company. WilmerHale lawyers have deep experience with complex SPAC transactions, where we draw upon our substantial, interdisciplinary experience with IPOs, mergers and acquisitions, PIPE financings, and other capital markets, financing and public company counseling work, as well as our securities litigation and enforcement and related regulatory capabilities. We regularly work with SPACs and their sponsors in SPAC IPOs and their initial business combinations, and with private companies going public through SPAC business combinations. We also represent private equity, venture capital, family offices and other investors in PIPEs and other SPAC-related investments, and investment banks acting as underwriters, financial advisors and placement agents in SPAC transactions. In addition, we represent SPACs, their sponsors, former SPACs, their respective officers and directors and other market participants in SPAC related litigation, regulatory and enforcement matters.

Further, WilmerHale’s extensive experience and longstanding position as counsel of choice to market leaders and innovators in the financial services, life sciences and technology industries, as well as investors in these sectors, gives our clients unique advantages as they consider and pursue deals in these areas.