As SPACs spawn a different breed of newly formed public companies, shareholder activists are taking notice, leaving these companies vulnerable to both traditional long activism and short activism attacks. The risk and nature of activism can vary greatly across all stages of the SPAC life cycle. Preparation is key – it begins at the formation of the SPAC and becomes even more important after the transition to a public operating company.
During this webinar, hear from the leaders of Sidley’s Shareholder Activism and SPACs practices as they discuss how to prepare for SPACtivism.
Sidley was recently awarded “Defense Adviser of the Year (Large Cap)” by The Deal for the firm’s work in shareholder activism defense in 2020 and holds No. 1 rankings in the shareholder activism defense league tables of Bloomberg, FactSet, Refinitiv (formerly Thomson Reuters), and Activist Insights for 2020 and the first half of 2021.