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Interactive Chart at Source: Morning Consult
Source: Morning Consult
Source: Morning Consult
Source: The Economist
A Special Purpose Acquisition Company — SPAC — such as the one that Vintage Wine Estates is using to go public via merger, is an increasingly prominent method for businesses to attract capital and go public. Source: Dealogic via the Wall Street Journal (possible paywall) This link — Understanding SPACs — will offer more info.
A SPAC — Special Purpose Acquisition Company (also known as a “blank check” company) — is a relatively simple concept…in theory: Form (and fund) a Sponsor entity to move the process forward. Create a NewCo (SPAC) whose sole purpose is to create a public shell. NewCo designed to do nothing but raise money and merge with […]
By Lewis Perdue Publisher, Executive Editor, Wine Industry Insight In December 2020, a $360 million cannabis-oriented Canadian (SPAC) sponsored by a combination of US and London-based executives had looked at (and rejected) more than 100 companies. As the game clock ran down toward the SPAC equivalent of a two-minute warning, the team realized it […]
NOTE: This was originally published as a premium, Wine Executive News article and redacted for Wine Industry Insight. This is the complete version. Many web links are live only for premium subscribers who may scroll to bottom for their logins. By Lewis Perdue Publisher, Executive Editor, Wine Industry Insight In December 2020, a $360 million […]
Source: U.S. National Drought Monitor