Morrison & Foerster partner and global chair of the private equity group, Marcia Ellis, is quoted in an article "Asian investors and targets remain hot on SPACs, as fundraising by blank-cheque companies cools" by South China Morning Post on June 29, 2021.
According to Marcia, there are a lot of special purpose acquisition companies (SPACs) looking for targets and many of them are looking in Asia. "There are already enough listed SPACs out there to result in quite a bit of M&A activity for the next year and a half", Marcia said.