Differences in Recent Special Purpose Acquisition Companies from Previous Years

Abstract

This thesis project will analyze Special Purpose Acquisition Companies (SPACs), focusing on their increased popularity in 2020 and 2021. The potential differences between SPACs of recent years versus SPACs of previous years will be identified and inspected, along with the causes for any changes in their structure. Existing research on related topics will be taken into consideration. Specifically, a comparison will be drawn between current papers related to SPACs and prior ones. The results of this research will help in understanding why there was an increased use of Special Purpose Acquisition Companies as a means for private companies to go public in 2020 and 2021. These findings may also provide insights on predicting future trends in the SPAC market. Personally, this research project will allow me to further explore a topic that I am interested in within my Finance major.