Attorney Phil Colton was quoted by the StarTribune for an article about “Why ‘blank check’ companies are all the rage.” The article dives into the recent boom of special purpose acquisition companies, usually called SPACs or blank check companies. Specifically, Phil shared that “he isn’t convinced the appeal of SPACs is about avoiding the regulatory oversight of traditional IPOs.” When it comes down to it, the question to ask is, “does the deal make sense”?

Read the full article here.

January 28, 2021