BLOG — Apr 19, 2021

SPACs 2.0 Market Update

In our SPACs 2.0 report we introduced the reasoning behind the frenzied growth of over recent quarters SPACs, their funding structure, and the roles of different players in the strategy. Since the time of writing (early January) the landscape has changed markedly.

This report SPACS 2.0 Update explores further progress of the market and additional challenges it is faced with.

This report looks into the following areas:

  • Current state of deal volumes
  • Concerns of oversupply and fillings practices
  • The importance of the PIPE
  • Recent SEC comments
  • Sponsor promote evolution and,
  • Valuation considerations

Download the report

Posted 19 April 2021 by Leon Sinclair, Global Head, Private Equity & Debt Services, S&P Global Market Intelligence


S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.


This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.