Sökning: "Special Purpose Acquisition Company SPACs"

Visar resultat 1 - 5 av 15 uppsatser innehållade orden Special Purpose Acquisition Company SPACs.

1. 1. How do IPOs and SPACs differ in terms of post-listing performance, and how do insider and institutional ownership affect these differences?

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Markus Henriksson; Theodor Hansson; [2023-07-03]
   Nyckelord :SPACs; Special Purpose Acquisition Company; IPOs; Initial Public Offering; Ownership Structure; Abnormal Returns;

   Sammanfattning : Initial Public Offerings (IPOs) and Special Purpose Acquisition Companies (SPACs) are the two most prevalent alternatives for firms seeking to list on the stock exchange, which we examine in this study. We study numerous parameters impacting the abnormal returns of IPOs and SPACs and, compare their performance in the short-term and long-term using regressions and current literature to explain the discrepancies. LÄS MER

3. 2. SPAC Post-Merger Performance in the New Regime - An Agency Perspective

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Niclas Leksell; Marcus Silkisberg; [2022-06-30]
   Nyckelord :SPACs; Special Purpose Acquisition Company; IPO; Merger; Acquisition; Business Combination; Post-merger performance; Agency conflicts; Event study;

   Sammanfattning : SPACs are shell companies without operations created to raise capital in an IPO and subsequently identify a non-listed operating company to merge with. As of the last three years (2019-2021), the SPAC has witnessed a significant surge in popularity on the back of several tailwinds, including regulatory legitimization efforts and the participation of blue-chip sponsors and investors. LÄS MER

4. 3. Going Public in Difficult Times - A Case Study on the Iridium Space SPAC

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Fabian Binder; Devon Carbone; [2022]
   Nyckelord :Special purpose acquisition company SPAC ; Financial Crisis; Satellites;

   Sammanfattning : This case study finds that a special purpose acquisition company (SPAC) was utilized by Iridium Communications (Iridium) as alternative equity financing when all other options had been eliminated. SPACs present certain problems with warrants and dilution, but they are flexible in structure. LÄS MER

5. 4. Makroekonomiska faktorers påverkan på antalet SPACs och IPOs på den amerikanska aktiemarknaden : En kvantitativ studie om makroekonomiska faktorers påverkan på antalet SPACs och IPOs inom den amerikanska marknaden

   Kandidat-uppsats, Högskolan i Borås/Akademin för textil, teknik och ekonomi

   Författare :Karl Wennerbäck; Sandi Sakic; Sasha Taravati; [2022]
   Nyckelord :Special Purpose Acquisition Company SPACs ; Initial Public Offering IPOs ; Hot and Cold Markets; PMI; VIX; S P 500; Russell 2000; CPI; GDP; Interest rate; Federal Funds rate; Special Purpose Acquisition Company SPACs ; Initial Public Offering IPOs ; Hot and Cold Markets; PMI; VIX; S P 500; Russell 2000; KPI; BNP; Räntor; Styrränta;

   Sammanfattning : Special Purpose acquisition company (SPAC) är ett skalbolag grundat av investerare med det enda syftet att samla kapital genom en börsintroduktion för att senare förvärva ett annat bolag. Tidigare empirisk forskning för SPAC har fokuserat på egenskaperna hos SPAC bolagen samt deras långsiktiga och kortsiktiga avkastning. LÄS MER

7. 5. Playing Poker without Looking at the Cards—Does it Even Matter?

   Kandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Författare :Erik Hillestad Andréasson; Gustav Blomdahl; [2021-07-06]
   Nyckelord :Special Purpose Acquisition Company; SPAC; Stock Performance; Performance Determinant; Management characteristic; C-Suite; Gender Diversity; Scope;

   Sammanfattning : In 2020, the recent boom of Special Purpose Acquisition Companies (SPACs) resulted in this financial vehicle overtaking traditional IPOs as the leading firm structure for taking companies public. The dormant structure of SPACs forces investors to primarily rely on the management team to find value-creating acqui-sitions. LÄS MER