Report
2022 SPAC Overview
This report provides an overview of the Special Purpose Acquisition Company (SPAC) market in 2022 and its future outlook amid changing market conditions. Approximately 600 SPACs were actively searching for acquisition targets while facing pressure from their typical two-year deadlines. Nearly 280 U.S. SPACs were expected to reach their de-SPAC deadlines by the first quarter of 2023, raising concerns that many could be forced to liquidate due to a limited supply of attractive target companies. The report also highlights the impact of proposed regulatory changes, which would align SPAC transactions more closely with traditional IPO requirements and increase due diligence obligations. As U.S. SPAC activity declines, global markets such as Singapore and Hong Kong are expected to attract greate
