London SPAC IPO Investment Boom | Post-Brexit SPAC Investment Rule Changes

Ronnie09 May, 2021Business

Despite the economic downturn in the UK and elsewhere since the onset of the coronavirus pandemic, there?s still much to be excited about in 2021. Not least the news that in order to boost London?s attractiveness to investors post-Brexit, stock exchange rules concerning blank cheque companies or SPACs will be reformed as part of a wider ranging and more general reform. As and when businesses are listed, there is now the ability for company founders to keep greater control. The purpose of removing some investor protection is to ensure that London?s standing, in what has been seen as a dormant SPAC (Special Purpose Acquisition Company) market for years, gets a vital boost.