ICR, the Leading SPAC Advisor, Publishes Mid-Year 2020 SPAC Update

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, today released its Q2 2020 SPAC Update report: “Are SPACs Driving the Democratization of IPOs?” SPAC IPO issuance has accelerated as improved deal structures, high quality SPAC sponsors and blue chip institutional investors converge. Strong SPAC IPO activity has resulted in 121 public SPACs holding more than $34 billion in cash as of June 30, 2020.