CHICAGO--(BUSINESS WIRE)--
With the number of special purpose acquisition companies (SPACs) on the
rise, Donnelley Financial Solutions (NYSE: DFIN), a leading provider of
risk and compliance solutions, is helping deal stakeholders navigate
that process.
In 2018, 46 SPAC IPOs raised over $10.7 billion, a 350% increase since
2016.1 As the market has embraced SPACs as an alternative to
traditional IPOs, DFIN and its best-in-class technology platform aim to
simplify the complex SPAC life cycle, making it a seamless process from
initial S-1 disclosure to proxy to 8-K to post-transaction filings.
“Through the fast-paced, constantly-changing market of SPACs, DFIN
continues to serve as a trusted resource to clients and partners. The
number of SPAC IPO transactions and their gross proceeds have
exponentially increased recently, and it’s widely expected that this
upward trend will continue to increase in 2019,” said Craig Clay,
president, Global Capital Markets, DFIN. “We’re here to guide investors
in this critical juncture of navigating SPAC challenges.”
DFIN’s technology solutions, ActiveDisclosure℠ and Venue®, provide
end-to end solutions for financial reporting and collaboration, virtual data room and secure file sharing, and data analytics along with risk,
compliance and transaction management expertise. For additional
information on SPAC solutions, check out DFIN’s IPO
solutions or join DFIN at the upcoming SPAC
Conference 2019 on February 7 in New York City.
About Donnelley Financial Solutions (DFIN)
DFIN is a leading global risk and compliance solutions company. We
provide domain expertise, enterprise software and data analytics for
every stage of our clients’ business and investment lifecycles. Markets
fluctuate, regulations evolve, technology advances, and through it all,
DFIN delivers confidence with the right solutions in moments that
matter. Learn about DFIN’s end-to-end risk and compliance solutions
online at DFINsolutions.com or
you can also follow us on Twitter @DFINSolutions or
on LinkedIn.
Forward-Looking Statements
This news release may contain "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and the U.S. Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements are
qualified in their entirety by reference to the following cautionary
statements. All forward-looking statements speak only as of the date of
this news release and are based on current expectations and involve a
number of assumptions, risks and uncertainties that could cause the
actual results to differ materially from such forward-looking
statements. Readers are strongly encouraged to read the full cautionary
statements contained in Donnelley Financial Solutions’ (DFIN) filings
with the SEC. Donnelley Financial Solutions (DFIN) disclaims any
obligation to update or revise any forward-looking statements.
1https://spacinsider.com/stats/
View source version on businesswire.com: https://www.businesswire.com/news/home/20190124005059/en/
Media Contact:
Erin Burke
631 239 6903
eburke@Stantonprm.com
Investor Contact:
Justin Ritchie
justin.ritchie@dfinsolutions.com
Source: Donnelley Financial Solutions