Winston & Strawn Partner Paul Amiss sat down with Financial Times to discuss London as a venue for SPAC listings, as "the Financial Conduct Authority changed its rules in July to enable listings of special purpose acquisition companies, bowing to a clamor of pleas from UK entrepreneurs and investors keen to jump on the global bandwagon for so-called blank-cheque vehicles."
"This year should be busier even after SPAC-mania peaked on Wall Street in early 2021," Paul said, noting that "[s]everal London blank-cheque floats plan to launch in the first quarter of 2022."
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