. The new board must develop effective oversight protocols and disclosures, while the new management team will need to quickly develop an investor relations program to attract new investors and to meet the needs of the initial shareholders. Forward-looking statements may be identified by the use of words such as forecast, intend, seek, target, anticipate, believe, will, expect, estimate, plan, outlook, and project and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. SPAC Partners Company Profile: Service Breakdown & Team - PitchBook Expertise As a leading financial institution working in the intersection between Asia and the West, we provide world class services for individuals and institutions including wealth management, venture capital, IPO and SPAC advisory, PIPEs, Debt Financing, Project Finance and many other customized solutions for our clients. Please try again later! Asking the better questions that unlock new answers to the working world's most complex issues. Through our differentiated SPAC platform, we are uniquely capable of ensuring a seamless, successful transaction. Our Approach. PDF Perella Weinberg Partners I, a $330 million SPAC which successfully completed a business combination with OneSpaWorld Holdings Ltd. Senior Vice President of Haymaker Acquisition Corp. II, a $400 million SPAC which successfully completed a business combination with Arko Corp. Senior Vice President of Haymaker Acquisition Corp. III, a $317.5 million SPAC which announced a business combination with BioTE Holdings, LLC, Significant experience across 50+ public and private SPAC investments since 2020, Board Observer of Haymaker Acquisition Corp. ClearThink Capital - Strategic and Transactional Advisory Co-CEO and Director of GSR II Meteora Acquisition Corp. Co-President and Director of Graf Acquisition Corp. IV, Co-Founder and Partner of SPAC Advisory Partners, LLC, Investment Banking at HSBC and Wells Fargo, Significant advisory experience on 11 SPAC transaction since 2020, Graf Acquisition Corp. IV, New York Cares. The special purpose acquisition company is formed with the goal of conducting a traditional IPO for the purpose of (1) raising capital into the shell entity (the "SPAC IPO") and (2) subsequently using that capital to acquire or merge with a business after the IPO (the "initial business combination" or "deSPAC" transaction). Sorry, something went wrong. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. SPAC Partners is a financing advisory firm based in San Francisco, California. Our full-service SPAC Advisory team helps clients prepare for and execute the SPAC business combination through Shareholder Identification and Proxy Solicitation services. ParkView's team provides independent and unbiased equity and equity-linked capital markets advice as well as execution designed to complement the firm's . SPAC Partners was founded with the sole focus of creating opportunities for underserved companies looking to access the US Public Equity Markets. Getty. Head of SPAC Equity Capital Markets at Oppenheimer & Co. Head of Equity Sales at Oppenheimer & Co. Significant advisory experience on 20 SPAC transaction since 2020, Freds Team at Memorial Sloan-Kettering Cancer Center. Providing surveillance to identify major buyers and sellers in the stock, as investors rotate out of the SPAC and new ones take positions in the public company. team@spac-advisory.com I, II and III, Principal and Associate Portfolio Manger at Meteora Capital, LLC, Co-Founder and Managing Partner at Ketch Ventures, LLC, Associate Portfolio Manager at Glazer Capital, LLC, Investment Banking at Lazard and Bank of America Merrill Lynch. Cold storage facility in North Dallas-Fort Worth trades hands. The . End-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate security, legal, compliance and regulatory risk. We can also assist in responding to valuation questions from auditors, other stakeholders and regulators. Expert provider of complex administrative solutions for capital events globally. World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation, disputes and testimony. Upfront price discovery: Your IPO price depends on market conditions at the time of listing, whereas you . | Legal Notice and Privacy Policy. . Learn More. Senior Vice President of Haymaker Acquisition Corp. SPAC Market Report - Q2 2021 Highlights - Kroll, LLC Our EY professionals began focusing on SPACs more than a decade ago, well before they became a mainstream alternative for companies looking to access the capital markets. SPAC Advisory; Growth Capital; Commercial Credit; M&A Advisory & Finance; Business Development . All Rights Reserved. info@morrowsodali.com Warrant valuations for financial reporting, Valuation of target for Initial Business Combination for regulatory or exchange requirement, Valuations for business combinations / purchase price allocation for financial reporting, Valuation of interests in SPACs (Founders interests, PIPES, restricted shares). Read about SPACs in Italy and investors concerns. New York NY 10055. 10.83 D 4.01% (0.42) GPACU Price Today. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. As a key player in a global leading SPAC franchise, we leverage proprietary insights into the markets, a deep network of public market . Our SPAC advisory team offers in-depth expertise in this niche, from initial pre-meeting planning through completion as well as post-SPAC services for newly public companies. Execute buy-side due diligence for the SPAC and sell-side due diligence for the operating company including commercial, financial risk, human resources, IT, transaction tax, fairness opinions and more. by Special Purpose Acquisition Companies (SPACs) - Solomon Partners Electric Motorcycle Maker Zapp Merging with CIIG Capital Partners II in A SPAC is a special purpose acquisition company, also frequently called a blank check company. Discover how EY insights and services are helping to reframe the future of your industry. Going public with a SPACpros. Our role as your SPAC advisor is flexible, but principally set-up such a way that our SPAC . Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions. ), valuations of interests in SPACs (including founders interests, PIPES and restricted shares), fairness opinions, reputational and buy- and sell-side due diligence, contracts and privacy compliance reviews, corporate compliance risk and governance, conflict disclosures and fiduciary obligations analyses, among others. Our deep-rooted experience and extensive history navigating the opportunities and risks of the SPAC market, combined with our market leadership in taking companies public, uniquely positions EY professionals to help SPAC sponsors and target companies evaluate opportunities, make transactions more efficient and achieve their strategic goals. The SmartLab Solution unlocks the clinical potential of laboratory in Nursing Homes. We've helped them achieve their business objectives through the design of innovative transaction structures and the execution of numerous corporate finance, M&A, and commercial transactions totaling in excess of $100 billion. The SPAC market experienced continued momentum throughout 2021 with 613 IPOs, totaling over $163 billion in gross proceeds. Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes. ETHICAL CODE. Transaction Advisory Services This website includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. SPAC Advisory Services Focused expertise for SPAC transactions. In addition, all pages on Bizapedia will be New York NY 10055. Gpac Ii Chief Executive Officer of Class Acceleration Corp. Founder and CEO of GSV Asset Management, Investment Committee of GSV Venture Fund, Co-Founder and CEO of ThinkEquity Partners, LLC, Global growth research at Merrill Lynch, Author of Finding the Next Starbucks and The Global Silicon Valley Handbook., Founder of GSV University and GSV MBA, an accredited graduate program for entrepreneurs, Director of SharePost, Whittle Schools, OzyMedia andBookClub.com, Board Observer of Coursera and Class Dojo, Advisor to TAL Education Group and Arizona State University, Technology Investment Banker at Deutsche Bank and Bank of America Merrill Lynch, Led investments in Solid Power and Chargepoint, Board Observer of Our Next Energy, AutoFi, Ridecell and Xometry, Chairman and Chief Executive Officer of PhenixFIN Corporation, Senior Investment Analyst at Pirate Capital, Director of Ferro (also Lead Director, Chairman of its Governance & Nomination Committee and a member of its Compensation Committee), Aerojet Rocketdyne Holdings, Huntingdon Capital and Fisher Communications, Trustee for IAT Air Cargo Facilities Income Fund, Consultant and advisor to alternative asset managers, Partner and Chief Operating Officer of Irving Place Capital, Chief Financial Officer of Soros Private Funds Management, Vice President of Goldman Sachs Principal Investing Group, Founding Board Member of the Financial Executives Alliance, Member of New York City Bar Association Compliance Committee. Kroll OnTrack Inc. or their affiliated businesses. SPACs are companies formed to raise funds for . Latham & Watkins LLP is serving as legal advisor to Zapp Electric Vehicles. The information on this website shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Sign up to receive periodic news, reports, and invitations from Kroll. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. SPAC-Advisory | Kloepfel Dallas corporate office locations & services | JLL While SPACs have typically classified warrants on their balance sheets as equity, the SEC has highlighted that under certain circumstances U.S. GAAP would require warrants to be classified as a liability that is measured at fair value every quarter, with changes in fair value reported in earnings. In many instances, the company will have limited public float and be controlled by a few large shareholders. EY helps clients create long-term value for all stakeholders. GSR Meteora management team brings together extensive and invaluable expertise driven by an exclusive focus on SPAC transactions, both from the perspective of a target company as well as that of a SPAC sponsor. SPAC Advisory Partners, a division of Kingswood Capital Partners, is serving as exclusive financial advisor to Zapp Electric Vehicles. Most of the 2023 liquidations so far were SPACs seeking targets in the technology, media, and telecommunications (TMT) industry. SPAC Market Report - 2022 Highlights and Current Outlook - Kroll, LLC Special Purpose Acquisition Companies (SPAC). Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of GSR II Meteora Acquisition Corp. (GSR Meteora or GSR/M) are based on current expectations that are subject to risks and uncertainties. Our full-service SPAC Advisory team helps clients prepare for and execute the SPAC business combination through Shareholder Identification and Proxy Solicitation services. Throughout every phase of the SPAC life cycle, well provide independent capital markets perspectives to boards and management teams on all elements of deal preparation, process, execution and after-market considerations. Laboratory has a major impact on clinical outcomes, and it starts with access to rapid laboratory, and the ability to treat in place and on-site. Advisory and technology solutions, including policies and procedures, screening and due diligence, disclosures and reporting and investigations, value creation, and monitoring. President and Director of GSR II Meteora Acquisition Corp. CFO and Treasurer of Graf Acquisition Corp. IV, Head of Global Mobility Investment Banking at Bank of America, Technology and Consumer Investment Banking at Deutsche Bank and Guggenheim Securities, Also spent 12+ years in various engineering roles prior to his finance career and holds four patents, Significant advisory experience on 9 SPAC transaction since 2020. Co-Founder and Partner of SPAC Advisory Partners, LLC Head of SPAC M&A at Bank of America Corporate Finance at Merrill Lynch Investment Banking at HSBC and Wells Fargo SPAC experience Co-CEO and Director of GSR II Meteora Acquisition Corp. Co-President and Director of Graf Acquisition Corp. IV Unrivaled expertise in a rising investment vehicle. Established in 1998, ICR partners with its clients to execute strategic communications and advisory programs that achieve business goals, build awareness and credibility, and enhance long-term . No idea is out-of-bounds. 5420 L B J Fwy, Dallas, TX, 75240-6222. As a key player in a global leading SPAC franchise, we leverage proprietary insights into the markets, a deep network of public market participants, and a fundamental understanding of evolving nuances of SPAC execution. The evolutionary rise of the SPAC is transforming and reshaping our capital markets. Copyright 2021 Live Oak Merchant Partners - All Rights Reserved. Mr. Ko is a Partner in the Securities and Capital Markets Group at Paul Hastings LLP, a leading global law firm. SPAC Advisory Services - Kroll Our executive team has advised and assisted hundreds of management teams and owners. Our privacy policy describes how your data will be processed. EMEA and LATAM +44 20 71006451 Self-storage facility along I-30 in West Dallas trades in recent sale. Mr. Rosenfeld serves as a director and Chairman Emeritus of CPI Aerostructures, Inc. (NYSE:CVU) and as a director of Primo Water Corp. (NYSE:PRMW), Aecon Group Inc. (TSX:ARE), Canaccord Genuity Group Inc. (TSX:CF) and Pangaea Logistics Solutions (NASDAQ:PANL). SPAC Advisory Partners Making Your Future a Success About Us We are among the most experienced SPAC advisors on the Street. Kroll is working with SPAC clients and sponsors on determining the fair value of the warrant liability in connection with reclassification as a liability on the balance sheet at the IPO date and at subsequent quarterly reporting dates. The members of SPAC Advisory Partners are experts in all things related to SPACs: IPOs, business combination. Jonathan Ko joined Carnegie Park Capital as an Operating Advisor in 2021. M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions. Co-CEO & Director, GSR II Meteora Acquisition, Previously Co-President, Graf Acquisition IV, Prior to that, Head of SPAC M&A and Head of Separations at BofA, Prior to that, Head of SPAC ECM and Head of Institutional Sales at Oppenheimer, President & Director, GSR II Meteora Acquisition, Prior to that, Managing Director and Head of Global Mobility Group at BofA. With just under 200 de-SPAC transactions completed in 2021 and another 267 announced, the SPAC market is primed to continue its upward trajectory in 2022. All rights reserved. Thank you! What is a SPAC and How Does it Work? | Chase BobBartell, CFA,ChrisJanssen,StephenBurt,Raphael (Ray)Newman,JenniferTerrell,MarkKwilosz, by Looming expiration dates put a lot of pressure on blank check companies to complete business combinations. At EY, our purpose is building a better working world. Strategic Advice and Shareholder Services to Corporate Clients Team; Contact; Careers; Services. Krolls investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended. SPACs exist to acquire or merge with promising private companies, which would take that company public without the need for an initial public offering (IPO). Donate to: Keep A Child Alive US IRS 501(c)(3), Singularly Focused on Special Purpose Acquisition Company (SPAC) Execution. Duff & Phelps acquired Kroll in 2018 and unified under the Kroll brand in 2020. This line of business utilizes the Live Oak brand and provides us the opportunity to partner with like-minded investors in the sponsor entities for SPACs. SPAC Advisory Services Focused expertise for SPAC transactions. GPAC will offer its partner market credibility and a unique value-added partner ecosystem, coupled with a new, highly efficient APEX (Aligned Partner Execution SPAC) structure. All rights reserved. We have detected that Do Not Track/Global Privacy Control is enabled in your browser; as a result, Cybersecurity, strategy, risk, compliance and resilience, Value creation, preservation and recovery, Explore Transactions and corporate finance, Climate change and sustainability services, Strategy, transaction and transformation consulting, How blockchain helped a gaming platform become a game changer, How to use IoT and data to transform the economics of a sport, M&A strategy helped a leading Nordic SaaS business grow. Firms with multiple advisory roles receive credit for each role. Special Purpose Acquisition Companies (SPACs) - Withum As a result, the SEC has effectively halted all in progress offerings, business combinations and new IPO filings until SPACs resolve the accounting and related valuation questions with respect to their warrants issued. ICR Launches SPAC Liquidation Communications Services SPAC Market Overview Jun 21, 2021 Valuing Founder Shares and other SPAC Investments Jun 21, 2021 SPACs and Valuation of Warrant Liabilities Jun 21, 2021 Transfer Pricing for SPACs Jun 21, 2021 North American Industry Market Multiples (As of March 31, 2021) Jun 21, 2021 European Industry Market Multiples (As of March 31, 2021) Jun 21, 2021 Please refer to the final prospectus of GSR Meteora under Risk Factors therein, and other documents filed or to be filed with the Securities and Exchange Commission (SEC) by GSR Meteora. And upon completion of a SPAC merger, Morrow Sodali helps clients best position themselves for ongoing shareholder support. Kroll is not affiliated with Kroll Bond Rating Agency, BobBartell, CFA,StephenBurt,JoshBenn,ChrisJanssen,AndreasStoecklin,DavidLu, by DavidLu,PatrickWu,BobBartell, CFA,ChrisJanssen,MarcusAyres,MatthewSchwartz, 55 East 52nd Street 17 Fl Our Services People Weil Gotshal & Manges LLP, and Orrick, Herrington & Sutcliffe LLP are serving as legal advisors to CIIG Capital Partners II. As the leading independent valuation services firm in the world, we are uniquely positioned to provide the requisite fair value determination to support a SPACs financial reporting obligations in a timely manner. Regardless of market conditions, we are here to help you navigate your journey. From headquarters in New York and London, and offices and partners in major capital markets, Morrow Sodali serves more than 1,000 corporate clients in 80+ countries, including many of the world's largest multinational corporations. Home; About Us. Special Purpose Acquisition Companies (SPAC) Market Report - Fall 2020 SPACS BY OUR PARTNERS As Founders & Management Website IPO Prospectus Merger PPT Ackrell SPAC Partners I Co. ($140 Million IPO in Dec 2020) To merge with Blackstone Products Announced December 2021 Merged with Gorilla Technology Group July 2022 Global SPAC Partners Co. ($169 Million IPO in April 2021) Archimedes Tech SPAC Partners Co. Why companies are considering their options to enter public markets, Define the deal structure and consider alternative acquisition structures (reverse a cash merger, tax-free reverse merger, Up-C and other partnership structures) and the tax costs/benefits, Analyze and comment on business combination agreement, Assist with financing agreements and supporting schedules/disclosures, SPAC transaction documents, stockholder agreements and more, Advise on pro forma financial statements and disclosures, Review carve-out financial statements of target entity or entities, Support in responses to SEC comment letters, Prepare fairness opinions and other valuation needs, Strategize on a transaction tax and post-acquisition tax step plan, Advise on private investment in public equity (PIPE) and debt financing, Assist with SEC filings such as Forms 10-K, 10-Q, 8-K (including tax considerations), Draft tax opinion(s), statement of facts and representations, Establish funding and liquidity objectives, Understand process timelines and scenarios, Align stakeholders around objectives and timing, Review and develop corporate and tax structure, Conduct enterprise-wide IPO readiness assessments across functions, Assist with workforce and compensation planning, Establish an enterprise-wide IPO readiness road map, Formalize corporate governance framework (including environmental, social and governance (ESG) considerations), Support Sarbanes-Oxley (SOX) Act compliance, Support technology assessments and system implementations, Advise on complex accounting requirements, internal audit co-sourcing, external auditor controls testing, digital audit readiness and more. I, II and III and The Lovesac Company, Director of Worldwise, Inc. and Niagara University Board of Advisors, Advisory Board Member of Los Sundays Tequila, Aether Diamonds and BMore Organic, Niagara University Board of Advisors; Alumni Chapter Leader; Powering Transformation Campaign Committee, The Robin Hood Foundation Philanthropic Young Things. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. ParkViews team provides independent and unbiased equity and equity-linked capital markets advice as well as execution designed to complement the firms strategic advisory platform. NEW YORK and LONDON, Nov. 22, 2022 (GLOBE NEWSWIRE) -- CIIG Capital Partners II, Inc. (Nasdaq: CIIG) ("CIIG II"), a U.S. publicly-listed blank check company, and Zapp Electric Vehicles Limited. SPAC Partners was founded with the sole focus of creating opportunities for underserved companies looking to access the US Public Equity Markets. SPAC PARTNERS: CREATING ACCESS TO PUBLIC EQUITY MARKETS. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Real estate, hospitality and construction, Specialized support for SPACs and target companies, Navigating the requirements for merging with a SPAC. Congresswoman Summer Lee and the US Department of Transportation SPAC Advisory Cohen & Company Capital Markets remember settings), andPerformance cookies to measure the website's performance and improve your experience., and Marketing/Targeting cookies, which are set by third parties with whom we execute marketing campaigns and allow us to provide you with content relevant to you. SPAC Advisory Partners is a specialized advisory and investment banking firm. Sorry, something went wrong. Retirement system spillovers increase success and sustainability, Five ways companies are measuring cloud returns, Select your location Close country language switcher. Celebrities and others have gotten behind Special Purpose Acquisition Companies, but making them work requires more than hype and money. Secure more Referrals for your Skilled Nursing Facility. EY | Assurance | Consulting | Strategy and Transactions | Tax. The intelligence we provide clients in this area is invaluable and highly specialized. Morrow Sodalis Pre-Record Date Surveillance provides a deep and thorough analysis of a client shareholder base, regularly updating for any changes in holdings with a focus on the impact from a voting control perspective and the rotation out of the hands of typical SPAC holders and the rise of the Retail Investors in SPACs.This process of identification and solicitation is critical to the success of the transaction and making sure that the SPAC meets all necessary regulatory requirements. As of February 7, 2023, 19 SPACs with more than $5 bn in trust have already liquidated in 2023, compared to 0 liquidations for the same period last year. Class A industrial building in North Fort Worth trades. This site is protected by reCAPTCHA and the Google. ICR, the Leading SPAC Communications and Advisory Firm, Publishes Q2 Morrow Sodali has an unparalleled record of success as the Proxy Solicitor for SPAC transactions. CIIG Capital Partners II (CIIG) Shareholders Approve Zapp DealSPACInsider and is located at 5900 Balcones Drive Ste 100, Austin, TX 78731. SPAC Proxy Solicitation for Business Combinations and Extension Meetings. We have substantial experience with activist hedge funds and the strategies and tactics employed. Kroll OnTrack Inc. or their affiliated businesses. served to you completely ad free and you will be granted access to view every profile in its entirety, even As an independent and employee-owned firm, together with our strategic partners, we operate . This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. COOKIE POLICY All opportunities merit a considered review. OUR SERVICES. Get a direct or competing quote. Team - Carnegie Park Capital We are experts in all things SPACs: IPOs, Business Combination Structuring, Sellside / Buyside M&A, Industry Advisory, PIPEs, Aftermarket and Public Company Support and Investor Relations. http://spac-advisory.com. if we've collected "Sales Lead Information" for a given company, it will be displayed on the We specialize in Growth, Commercial Credit, SPAC Advisory and much more. Morrow Sodalis SPAC engagements entail advisory services, which include acting as proxy solicitor and facilitating the shareholder approval of the deal as well as Shareholder identification services. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Morrow Sodali provides comprehensive SPAC(Special Purpose Acquisition Company) services to help companies successfully complete a SPAC business combination/merger and post-SPAC services to navigate the landscape as a newly public company. IPOs, Business Combination Structuring, Sellside / Buyside M&A, Industry Advisory, PIPEs, Aftermarket and Public Company Support and Investor Relations.
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