Contacts
GigCapital:
Darrow Associates, Inc.
Jim Fanucchi
+1 (408) 404-5400
ir@gigcapitalglobal.com
Information Agent:
MacKenzie Partners, Inc.
1407 Broadway, 27th Floor
New York, NY 10018
Telephone: (212) 929-5500 (Call Collect)
or Call Toll-Free: (800) 322-2885
tenderoffer@mackenziepartners.com
October 6, 2020
Earning the premium: A recipe for long-term SPAC success
Special-purpose acquisition companies (SPACs) have raised funds at substantial rates, attracting more and more high-profile investors. We reviewed the performance of recent SPACs—a mixed track record—and found a strategy that has produced success: SPACs that are led or co-led by operators rather than solely by investors tend to outperform throughout the deal cycle.