|LF Capital Acquisition Corp （LFキャピタル・アクイジション）
|事業概要 -- LFキャピタル・アクイジションは米国ののブランクチェックカンパニ―(白地小切手会社)。合併や株式交換、株式購入、資産取得、再編成、その他類似の企業統合を実施することを目的として設立された。対象とする業種や地域は特に限定しないが、金融サ―ビス企業や商業銀行に焦点を当てる。本社はニューヨーク。 LF Capital Acquisition II Corp. ("LFAC) is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Although LFAC may pursue an acquisition opportunity in any business industry, sector, or geographical location, the company intends to identify and acquire a business in the financial technology or services, technology, digital asset, or consumer sectors with a disruptive business model that may provide an opportunity for attractive risk-adjusted returns. LFAC believes that its management team’s contacts and transaction sources, as well as its ability to identify and implement value-creation initiatives, will differentiate its acquisition strategy.
|600 Madison Avenue New York NY 10022 USA
|NASDAQ Small Cap
Law firms could make hundreds of millions of dollars on the SPAC boom, as elite firms elbow in on a growing market 2020/09/17 19:13:49 Business Insider
Summary List Placement Special purpose acquisition companies have taken 2020 by storm, and it's not just the banks that are cashing in. Law firms stand to collect more than $30 million in fees from the roughly 99 blank check companies that have announced IPOs so far in 2020, like Bill Ackman's Pershing Square Tontine and Michael Klein's two new billion-dollar Churchill Capital SPACs. And they could bill about three to five times as much — or $90 million to $150 million — when the companies eventually complete their mergers, according to securities filings and lawyers involved in such deals. Those figures are a far cry from the $800 million-plus that big banks have reportedly made from underwriting such deals, and they are dwarfed by the $39 billion that SPACs have raised in their initial public offerings so far this year, according to SPAC Research. But they are a compelling reason for law firms to tout their abilities and results with such vehicles. "Typically, if we are pitching a client to do their IPO work, we're really pitching that SPAC to do their full lifecycle work," said Josh DuClos, a partner at Sidley Austin. "The more time-intensive, cost-intensive events of the SPAC [follow the IPO].
SHAREHOLDER ALERT: WeissLaw LLP Investigates LF Capital Acquisition Corp. 2020/09/01 00:01:00 PR Newswire
NEW YORK, Aug. 31, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of LF Capital Acquisition Corp. ("LFAC" or the "Company") (NASDAQ: LFAC) in connection with the proposed acquisition of Landsea…