How to manage buy-side risks for Special purpose acquisition companies (SPACs)?

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    Ali Ahmed Alshehri
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    Special purpose acquisition companies (SPACs) have witnessed increased popularity during the past few years. Also known as “blank check” companies, SPACs are companies formed to raise capital in an initial public offering (“IPO”) with the purpose of using the proceeds to acquire one or more unspecified businesses or assets to be identified after the IPO. What are special due diligence considerations needed to be included?

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