Davis Polk partner and Capital Markets Group co-head Maurice Blanco was quoted in Law360 discussing January’s surge in special purpose acquisition companies (“SPACs”) issuances following a record-breaking 2020. Blanco noted that the IPO pipeline looks strong for the remainder of the first quarter and even into the second quarter. He also explained that companies are exploring numerous routes to going public and that the market is showing little signs of slowing any time soon. The article mentions that Davis Polk advised on over two dozen IPOs in January for both blank-check and operating companies and led at least 26 offerings for issuers and underwriters.

“SPACs Surged in January Following Record-Breaking 2020,” Law360 (February 2, 2021) (subscription required)

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