The clock is ticking for Canadian SPACs

Partner and co-head of the firm’s M&A Practice John Emanoilidis, co-head of the firm’s Capital Markets Practice Rima Ramchandani and partner Mile Kurta provided peHUB with a revised version of their article “The M&A Clock is Ticking for SPACs in Canada,” an article from the firm’s newly released M&A Top Trends 2016. Below is an excerpt of the article.

The key driver in a SPAC IPO’s success is the expertise of the founders. Founders of SPACs generally have more latitude to consider opportunities than traditional private equity firms, which operate with some investment restrictions. SPACs that have gone public have often allowed founders to focus on the target, geography and sector of their choice. As the Canadian SPAC market matures, however, we expect to see SPACs develop clearly defined deal parameters.

To read the full article on peHUB, click here.

Read Torys’ M&A Top Trends 2016 here.

To discuss these issues, please contact the author(s).

This publication is a general discussion of certain legal and related developments and should not be relied upon as legal advice. If you require legal advice, we would be pleased to discuss the issues in this publication with you, in the context of your particular circumstances.

For permission to republish this or any other publication, contact Janelle Weed.

© 2021 by Torys LLP.
All rights reserved.


Get in Touch