The UK has made long-awaited changes to its listing rules for SPACs, loosening regulations to more closely mimic major global markets in hopes of luring blank-check companies to London.
But will it work? The bulk of European SPAC vehicles this year have opted for Amsterdam, and the UK may face an uphill battle to pitch itself as an attractive target in a post-Brexit world. Our latest analyst note breaks down the regulatory changes, covering what’s new and what may be next for London’s SPAC listings.