Dan Cohn and Drew Goodwin discuss "SPACs 101 – What Are Special Purpose Acquisition Companies (SPACs), and Why Are They So Popular." 

We will explain the fundamentals of the SPAC – an acquisition vehicle being used more and more frequently across myriad industries.  Why is this newly popular type of transaction appealing to private companies, investors and money managers; and why is it suddenly all the rage? We will also review a case study of RedBall Acquisition Corp., a $500M SPAC in the sports industry on which a team of Farella attorneys helped advise.