Private companies are increasingly going public through an acquisition by a public special purpose acquisition company (SPAC), rather than through the traditional initial public offering (IPO) route. SPAC transactions can give rise to unique financial reporting and accounting issues.
Identify risks and benefits to this transaction alternative
Determine information required in SEC filings for a private operating company being acquired by a SPAC
Recognize key accounting considerations for the U.S. GAAP financial statements of the combined entity following a SPAC transaction