Jaime Mercado Participates in NYSBA Webinar on SPACs in Brazil
04.12.21
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Corporate Partner Jaime Mercado led a webinar sponsored by the New York State Bar Association (Brazil Chapter) titled, “SPACs: an avenue for Brazilian companies?” The presentation covered the basics of special purpose acquisition companies (SPACs) and recent trends that have led to their surging popularity in 2020 and 2021. Although the recent iteration of the SPAC trend has yet to take hold in Latin America, Jaime noted that there have been two SPACs listed in Mexico so far, and that U.S. SPACs may also look for targets in the region, providing alternative exit strategies for companies in Latin America where there is limited regional access to the capital markets. Counsel Borja Marcos participated alongside Jaime in the discussion, which was in Portuguese.