A SPAC Case Study
In the last video of this three part video series, Rupert takes us through a case study of a SPAC called Churchill Capital IV who acquired a private electric automobile company called Lucid.
Overview
In order to fully understand how SPACs work, Rupert goes through a case study of a recent real-world example. Specifically the transaction between Churchill Capital Corp IV (CCIV) and Lucid Motors, a privately owned electric car producer.
Key learning objectives:
Identify the SPAC in this scenario
Explain why a SPAC merger was beneficial to both parties
Be able to understand SPACs using a real world example
Summary
Expert
Rupert Walford
Rupert has over 25 years of experience in the financial services industry working mainly in international capital markets. He is currently a Managing Director at RBC Capital Markets in London responsible for ECM Execution and Healthcare ECM and Corporate Broking in Europe. Rupert was previously at Linklaters for 8 years, at UBS Investment Bank for 9 years as Head of Global Capital Markets Legal and as a member of UBS's ECM Execution team and subsequently at Deutsche Bank in Compliance covering ECM and Corporate Broking.
Rupert has extensive experience in a wide range of investment banking transactions in EMEA, predominantly in the emerging markets and in particular Russia. He is also a qualified lawyer.
