Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
Specified Purpose Acquisition Company IPOs
View through CrossRef
Specified purpose acquisition companies (SPACs) are a special type of public company currently available to investors in financial markets. As an investment vehicle, modern SPACs are traced back to eighteenth-century England where blank checks were first mentioned as blind pools during the infamous South Sea Bubble. In the United States, the Security and Exchange Commission classifies a SPAC as a blank-check company. This chapter reviews the academic and financial literatures about SPACs, describes their institutional characteristics, and analyzes their market performance since initial public offering (IPO). The sole purpose of SPACs is to use the proceeds to finance future merger or acquisition.
Title: Specified Purpose Acquisition Company IPOs
Description:
Specified purpose acquisition companies (SPACs) are a special type of public company currently available to investors in financial markets.
As an investment vehicle, modern SPACs are traced back to eighteenth-century England where blank checks were first mentioned as blind pools during the infamous South Sea Bubble.
In the United States, the Security and Exchange Commission classifies a SPAC as a blank-check company.
This chapter reviews the academic and financial literatures about SPACs, describes their institutional characteristics, and analyzes their market performance since initial public offering (IPO).
The sole purpose of SPACs is to use the proceeds to finance future merger or acquisition.
Related Results
The Post-IPO Performance in the PRC
The Post-IPO Performance in the PRC
The long-run underperformance of IPOs (Initial Public Offerings) is one of the three “New Issues Puzzles” It indicates that if investors buy IPOs and hold for m...
UNSEASONED EQUITY OFFERINGS MBO‐IPOs vs NON‐MBO‐IPOs
UNSEASONED EQUITY OFFERINGS MBO‐IPOs vs NON‐MBO‐IPOs
In this paper we examine the degree of under‐pricing of two different types of unseasoned equity offerings (IPOs), namely MBO‐IPOs and non‐MBO‐IPOs. Since, MBO‐IPOs were previously...
How accurate are A-REIT IPO dividend forecasts?
How accurate are A-REIT IPO dividend forecasts?
Purpose
The purpose of this paper is to investigate the accuracy of Australian Real Estate Investment Trust (A-REIT) initial public offering (IPO) dividend forecasts between 1994 a...
Evolution of integer price clustering of IPOs in the aftermarket
Evolution of integer price clustering of IPOs in the aftermarket
Purpose
– The purpose of this paper is to, using a large sample of NASDAQ initial public offerings (IPOs), examine the evolution of integer price clustering of IPOs...
The survival analysis of initial public offerings in India
The survival analysis of initial public offerings in India
PurposeIndian IPO (Initial Public Offer) market has witnessed huge fluctuations in the post-SEBI (Securities Exchange Board of India) era. Although several new issues have entered ...
Introduction
Introduction
The worldwide landscape for raising firm capital from Initial Public Offerings (IPOs) has significantly evolved over the last few decades. This introductory chapter reviews more re...
The IPOS-ECHO African Capacity-Building Program: An Impactful Training Initiative to Disseminate Psycho-Oncology in Africa
The IPOS-ECHO African Capacity-Building Program: An Impactful Training Initiative to Disseminate Psycho-Oncology in Africa
Abstract
Background:
To address the existing disparity in access to psychosocial oncology services in low and middle-inco...
HOT IPOS AND LOCKUP EXPIRATION — AN ANOMA LY?
HOT IPOS AND LOCKUP EXPIRATION — AN ANOMA LY?
IPO lockup is defined as the restricted period during which certain insiders are prohibited from selling their holdings in the open market. Usually, the lead underwriter imposes th...