New SPAC From Goldman Sachs Could Be The Beginning Of A Trend
May 18, 2018
- Goldman Sachs is launching a SPAC called GS Acquisition Holdings Corp playing the role of underwriter and sponsor.
- Goldman’s downside is likely $2MM while their upside could be over $300MM.
- It is reasonable to believe that this could take the SPAC market to a new level if other big banks or asset managers follow.