Special purpose acquisition companies: a real economic value or a speculative bubble?

Manca, Marco (A.A. 2020/2021) Special purpose acquisition companies: a real economic value or a speculative bubble? Tesi di Laurea in Structured finance, Luiss Guido Carli, relatore Riccardo Bruno, pp. 120. [Master's Degree Thesis]

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The definition of SPACs structure and it's principal aspects. Life cycle of a special purpose acquisition company. Key terms of SPAC. Main differences with classic private equity fund. Opportunities and threats arising from SPAC activity. Landscape of SPAC's market: an example of a successfully SPAC operation. SPACs evolution towards the years. Analysis of the major markets where special purpose acquisition companies operate. Defining a SPAC operation: Lucid Motors IPO through Churchill Capital IV. Case study: overview of the transaction. Considering SPACs as an added value for the economy: the UK case study. Fundamental changes by which the UK economy went through after Brexit. The new UK legislative framework formed to reduce the gap with European countries. The main characteristics of UK SPACs: analyzing the fundraising process and the business combination. The relationship between market returns and SPACs activity.


Bibliografia: pp. 101-104.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair: Structured finance
Thesis Supervisor: Bruno, Riccardo
Thesis Co-Supervisor: Torrisi, Alfio
Academic Year: 2020/2021
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 31 May 2022 14:14
Last Modified: 31 May 2022 14:14
URI: https://tesi.luiss.it/id/eprint/32568


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