While the promote is often the most discussed form of compensation for SPAC sponsors, itβs not the only one. In this episode of The SPAC Podcast, we take a closer look at additional forms of sponsor compensation that may exist around a transaction.
Private placement warrants, expense reimbursements, success fees, or even advisory roles post-close are all possible components. These forms of compensation are not uncommon, but transparency around them is critical. The SEC has emphasized the importance of clear and complete disclosure so that investors can fully understand how sponsor incentives are structured.
π Want more clarity on SPAC structures? Visit TheSPACPodcast.com to learn more or contact us.
#SPACs
#SPACSponsor
#CapitalMarkets
#SponsorCompensation
#SPACPromote
#InvestorTransparency
#IPOInsights
Disclaimers:
The views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.
Michael J. Blankenship is a licensed attorney and is a partner at Winston & Strawn LLP. Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The content of this podcast is intended for informational and educational purposes only and should not be interpreted as legal, financial, or compliance advice. The views and opinions expressed by the hosts and guests are their own and do not necessarily reflect the official policies or positions of any regulatory agency, law firm, employer, or organization.
Listeners are encouraged to consult their own legal counsel, compliance professionals, or financial advisors to ensure adherence to applicable laws and regulations, including those enforced by the SEC, FINRA, and other regulatory bodies. This podcast does not constitute a solicitation, offer, or recommendation of any financial products, securities transactions, or legal services.
Letβs Connect on LinkedIn:
π Michael J. Blankenship - https://www.linkedin.com/in/mikeblankenship/
π ...