Investment Management and Funds co-chair Wendy Cohen will provide closing remarks, and Corporate partner Brian Hecht will participate as a speaker, in the Katten-sponsored "Women on Boards, SPAC Opportunities" webinar at 11:00 a.m. (ET) on Monday, April 19. Panelists will discuss the recent explosion of SPACs in the market, how each SPAC requires independent board members, and how exactly one might become a member of the board for this limited term, "blank check" entity, along with questions such as:
- How does being an independent board member for a SPAC differ from other independent board positions?
- How do sponsors frame their search for independent board members?
- Is service on a SPAC board adequate preparation for service on a long-standing corporate board?
- Are there any risks inherent to a SPAC that a potential independent board member should consider?