SPACS

Special Purpose Acquisition Companies (SPACs) operate under intense timelines, strict regulatory standards, and high market expectations. To succeed, SPACs require strategic structuring, fast regulatory execution, and guidance from legal counsel who understand the unique pressures of the SPAC market.

From SPAC Initial Public Offerings (IPOs) to complex cross‑border qualifying acquisitions (QAs), we help sponsors, underwriters, and targets navigate the full SPAC lifecycle with confidence. We have helped our clients, across various industries, shape the Canadian SPAC sector on matters including:

• Strategic SPAC Structuring. We design SPAC structures tailored to investor expectations, regulatory requirements, and QA strategy. Our experience includes pioneering solutions such as stapled securities, non‑corporate SPAC entities, and multi‑voting share structures, all crafted to improve deal certainty and SPAC performance.
• IPO Execution and Regulatory Guidance. As authors of the Toronto Stock Exchange’s Guide to SPACs, we provide unmatched insight into listing standards, prospectus preparation, sponsor agreements, and underwriting dynamics. Our team streamlines SPAC IPOs to help clients reach the market quickly and efficiently.
• Accelerated Qualifying Acquisition (QA) Execution. We manage the full QA process: diligence, structuring, negotiations, drafting, and regulatory clearance; ensuring transactions move from announcement to approval as quickly as possible. Our proactive approach minimizes delays, reduces regulatory friction, and enhances transaction certainty.
• Cross‑Border SPAC Deals and Multijurisdictional Transaction Expertise. Goodmans has led the most complex SPAC transactions in Canada, including the first dual‑listed SPAC (Canada/U.S.) and QAs involving multiple stock exchanges and international regulatory bodies. We guide clients through cross‑border securities laws, tax considerations, and foreign investment rules.