Shows
The DESPAC PodcastWhat Actually Kills DESPAC Deals, With 25-Year SPAC Attorney Doug EllenoffWhy do so many DESPAC deals look great on day one and collapse months later? In this episode of The DESPAC Podcast, host Chaz Churchwell sits down with Douglas Ellenoff of Ellenoff Grossman & Schole, one of the most prolific securities attorneys in the SPAC ecosystem with 25 years and over 1,000 SPAC IPOs behind him.Doug pulls back the curtain on what actually separates DESPAC deals that thrive from the ones that crater. The conversation moves from regulatory tailwinds under the current SEC to the unit economics targets miss when comparing offers, the warrant overhang and promote math hiding...
2026-06-0247 min
The SPAC Podcast: Special Purpose Acquisition CompanyTaking Fusion Energy Public: General Fusion's SPAC Deal — Greg TwinneyWhat does it take to put fusion energy on the public markets? Greg Twinney, CEO of General Fusion, joins Mike Blankenship to break down why the company is going public through a SPAC merger with Spring Valley — and why committed, oversubscribed PIPE capital mattered far more to him than counting on the trust account to actually come through at closing.EPISODE SUMMARYGreg Twinney, CEO of General Fusion and a 20-plus-year veteran of commercializing new technologies, walks through one of the most closely watched energy SPAC deals of the cycle. Twinney explains General Fusion's announced bu...
2026-05-2715 min
The SPAC Podcast: Special Purpose Acquisition CompanyThe Fairness Opinion Process SPAC Sponsors Should Know — Michael MoscarelliMost SPAC sponsors don't realize a fairness opinion isn't just a checkbox — it's the line of defense between you and the entire fairness standard if your deal lands in litigation.Michael Moscarelli, Vice President in Houlihan Capital's Valuation and Financial Advisory practice, joins Mike Blankenship to break down what every SPAC sponsor needs to understand about fairness opinions before the BCA vote. From the post–Multi-Plan shift in Delaware litigation exposure, to per-share allocation analysis, to the structural differences between a SPAC fairness opinion and a traditional one — this is the practitioner-level breakdown sponsors, boards, and deal teams...
2026-05-0810 min
INSIDE FINANCEOltre la Borsa: Il fenomeno Spac“Oltre la Borsa. Il fenomeno SPAC” è un confronto operativo sul ruolo delle SPAC nel mercato italiano dei capitali.Non una discussione teorica, ma un’analisi concreta su cosa ha funzionato, cosa va corretto e a quali condizioni questo strumento può tornare a creare valore tra private equity, pre IPO e mercato.L’incontro nasce da una domanda semplice: perché uno strumento così flessibile e potenzialmente utile ha avuto uno sviluppo limitato in Italia?Ne discutono:Luca Tavano, Head of Small & Mid Caps, Borsa Italianasul ruolo delle SPAC come strumento di accesso a...
2026-04-241h 56
The SPAC Podcast: Special Purpose Acquisition CompanyFamily Office vs Hedge Fund Money: What SPAC Sponsors Need to Know — Steve KannNot all PIPE capital is created equal — and the wrong money can destroy a de-SPAC before it ever has a chance to perform.Steve Kann has spent 30 years in small cap investment banking — founding companies, running funds, and advising on capital formation across PIPE financings, IPOs, M&A, and de-SPAC transactions. As Head of US Investment Banking at Arc Stone Securities and Partner at Ocean Street Partners, Steve brings a practitioner's lens to one of the most misunderstood decisions a SPAC sponsor makes: who you let into your deal and when.In this episode, Steve brea...
2026-04-0818 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat SPAC Investors Are Actually Looking for Right Now — Christine McNerneyEvery SPAC sponsor thinks their pitch stands out. Christine McNerney has seen them all — and most don't.Christine McNerney, Associate Portfolio Manager at Periscope Capital, has been with the firm since 2012 and focused on SPACs since 2021 — from testing the waters through selective PIPE financing. Periscope itself has been active in the SPAC market since 2016. In this episode, she breaks down exactly what separates fundable sponsor teams from forgettable ones, how Periscope evaluates de-SPAC targets, why the current market is healthier than it looks, and what private companies need to understand before going public via a blank check compa...
2026-03-3020 min
The DESPAC PodcastThe SPAC Market Reset: Why the Next Wave May Be StrongerThis episode provides a quick market update on the SPAC ecosystem and discusses how legal trends and governance practices are shaping the next cycle of deals.Chaz Churchwell explains why securities litigation has dropped dramatically since the peak SPAC boom and outlines steps SPAC sponsors and targets can take to protect themselves moving forward.The episode also explores why governance, valuation discipline, and strong advisory teams are becoming critical components of successful DESPAC transactions.The DESPAC Podcast is proud to spotlight The SPAC Conference, happening June 9–10 at Westchester Country Club in New York. Ho...
2026-03-1608 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Updates: Market Activity, Target Supply, and Investor Leverage in 2026Welcome to another episode of SPAC Updates, a recurring series on the SPAC Podcast where we break down the latest activity shaping the SPAC market.In this episode, hosts Josh Wilson and Michael Blankenship discuss the current state of the SPAC ecosystem, including the growing number of SPACs searching for targets and how that dynamic is shifting leverage across the market.With more than 220 SPACs actively seeking merger targets and over 105 announced business combinations, the pipeline remains strong, but the imbalance between new issuance and completed deals is creating new dynamics for investors and private...
2026-03-1612 min
Seth Farbman on Podcast - From Startup to Stock ExchangeFrom Losing it All in 2008 to $115M SPAC CEO | Seth Farbman's PodcastIn this episode, Seth sits down with Peter Goldstein, CEO of a Nasdaq-listed SPAC, to break down the real difference between going public through a SPAC versus a traditional IPO. They dive into what most founders misunderstand about valuation, why certainty matters more than speed in today’s capital markets, and what truly happens after the bell rings.Peter also shares his personal journey from early success and building a broker-dealer, to losing everything in 2008, and rebuilding with a sharper focus on governance, discipline, and long-term sustainability. This conversation is a masterclass for entrepreneurs and CEOs considering th...
2026-03-0330 min
The Investor Relations PodcastInside the SPAC Playbook: Research, Capital Strategy, and Building Real Alpha | Peter WrightFrom research analyst to SPAC sponsor.In this episode of The Investor Relations Podcast, Joshua Wilson sits down with Peter Wright to break down the investor relations strategy behind SPACs, capital raising, and building long-term alpha.Peter has participated in single-digit billions of dollars of transactions across the sell side, buy side, IR advisory, and banking worlds . Today, he runs Intro-Act, operates a broker-dealer platform, publishes the SPAC Monthly Monitor, and sponsors his own SPAC.Inside this conversation:• The difference between raising capital as a private company vs. public company•...
2026-03-0131 min
The SPAC Podcast: Special Purpose Acquisition CompanyStructural Shifts in SPAC IPOsIn this SPAC Podcast Spotlight, Managing Director Dimitre Genov of Brookline Capital Markets outlines the structural changes reshaping SPAC IPOs since 2020. From the rise of non-managing anchor investors and the dominance of serial sponsors to the renewed use of warrants and hybrid PIPE structures, Dimitre explains how today’s IPOs look different from the last cycle.He also highlights longer transaction timelines, greater investor alignment, and the shift toward sponsors with proven track records. Together, these developments suggest a more deliberate and sustainable approach to the SPAC IPO process.Disclaimer: The views, op...
2026-01-0202 min
The SPAC Podcast: Special Purpose Acquisition CompanySmall Cap Sentiment and SPAC OutcomesIn this SPAC Podcast Spotlight, Managing Director Dimitre Genov of Brookline Capital Markets explains how small- and mid-cap equity markets directly affect SPAC redemptions and aftermarket performance. He highlights how “risk-on” market conditions can lower redemptions, while volatility and rising interest rates often drive investors to redeem shares rather than hold post-merger equity.Dimitre also discusses how sector trends, valuations, and company narratives shape outcomes. De-SPACs in areas like AI, clean energy, and infrastructure have shown stronger performance, while others may trade sideways until milestones are met. The discussion underscores how sentiment, execution, and timing all play crit...
2025-12-1801 min
The DESPAC PodcastWhy The DESPAC Podcast Exists: Protecting Companies After the SPACMost podcasts talk about SPAC deals.This one talks about what happens after.In the debut episode of The DESPAC Podcast, host Chaz Churchwell sits in the guest seat as Executive Producer Josh Wilson leads a conversation on why this show was created and who it is built for.Chaz explains how working closely with SPAC teams and public companies exposed a hard truth. Many private companies enter SPAC transactions without understanding the operational, governance, and legal realities of being public. The result is predictable. Litigation. Regulatory pressure. Stock collapse. Leadership burnout.
2025-12-1830 min
The SPAC Podcast: Special Purpose Acquisition CompanyHow Has the SPAC Investor Base ChangedIn this SPAC Podcast Spotlight, Managing Director Dimitre Genov of Brookline Capital Markets explains how the SPAC investor base has evolved over the last five years. While event-driven and arbitrage-focused funds remain core participants, other groups now approach SPACs as yield-oriented products or equity opportunities through warrants and rights.Dimitre also highlights recent shifts in PIPE activity, including growing participation from crypto-native funds, and discusses how sentiment indicators like the SPAC Research Warrant Index reflect renewed investor interest. His perspective provides a clear view of who is still showing up for SPACs in 2025 and what that means...
2025-11-2501 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Target Selection: Sectors, Suitability, and PitfallsIn this episode of The SPAC Podcast, Patrick Sturgeon, Managing Partner at Brookline Capital Markets, discusses what types of companies are best suited for going public through a SPAC merger. He explains why fundamentally strong businesses with good products, growth potential, and solid operating margins make attractive public companies.Patrick also highlights why certain asset-heavy sectors — such as banks, insurance companies, real estate, or asset-based businesses — may not be as well-suited to SPAC structures, where dilution from the sponsor promote could reduce value. His insights help clarify which companies align better with the SPAC model.Co...
2025-11-1202 min
The SPAC Podcast: Special Purpose Acquisition CompanyForecasts SPAC Market Trends for 2025–2026In this episode of The SPAC Podcast, Adeel Rouf shares his forward-looking perspective on the SPAC market heading into late 2025 and 2026. With traditional IPO windows largely shut for mid-market companies, Adeel explains why SPACs are becoming increasingly relevant again, especially for private equity and family office-backed portfolio companies searching for liquidity.He projects a healthy wave of 70 to 100 SPACs as both digestible and impactful for today’s environment, and anticipates an increase in higher-quality companies entering the public markets via de-SPAC transactions. For investors, operators, and sponsors alike, Adeel’s insights offer a grounded yet optimistic outlook for...
2025-10-2401 min
The SPAC Podcast: Special Purpose Acquisition CompanyHow Underwriters Evaluate Risk for SPAC and de-SPAC CoverageIn this episode of The SPAC Podcast, Machua “Motsch” Millett of Lockton Companies explains how underwriters assess risk when pricing D&O insurance policies for SPACs and their de-SPAC targets. The evaluation process is vastly different depending on where the SPAC is in its lifecycle and Machua walks through both sides of that underwriting equation.For SPACs, there’s limited data, so the focus is on the sponsor team’s track record, industry focus, and prior deal outcomes. Underwriters also consider how speculative or volatile the target sectors may be (e.g., crypto vs. manufacturing). Once the SPAC ann...
2025-10-2201 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Louis CamhiIn this episode of The SPAC Podcast, Louis Camhi, Chief Investment Officer of RLH Capital, shares his journey from Wall Street to launching his own SPAC-focused fund. He reflects on his early career at Credit Suisse in M&A, his time at Three Corner Global and Citadel, and how those experiences shaped his approach to investing.Louis also explains why he launched RLH Capital in October 2021 to provide capital to SPACs across their life cycle — a move that came just as the SPAC market cooled. Now, as discussions continue around whether activity is picking back up, he of...
2025-10-1401 min
The SPAC Podcast: Special Purpose Acquisition CompanyRisk-Reward Equation for Serial SPAC SponsorsIn this episode of The SPAC Podcast, Adeel Rouf breaks down the real risk-reward tradeoff that comes with being a serial SPAC sponsor. Drawing on deep experience leading multiple SPACs, Adeel outlines the critical responsibilities and vulnerabilities that sponsors must prepare for if they want to succeed in today’s highly competitive landscape.He emphasizes that sponsors can’t rely solely on bankers or external networks to source deals, they need to build a robust, executable deal flow well before the IPO. Additionally, having strategic investors who trust your leadership and are ready to deploy capital quickly is j...
2025-10-0202 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat Could Spark a SPAC Comeback in 2025In this episode of The SPAC Podcast, Louis Camhi lays out a candid and nuanced outlook for the SPAC market heading into 2025 and beyond. He explains that while SPACs are simply another tool in the capital markets toolbox, recent macro events, including the 2024 election cycle and early 2025 volatility, have temporarily held back broader recovery.Louis points to signs of momentum returning: an uptick in IPO activity, renewed interest from private equity firms seeking liquidity, and notable success stories like Circle a former SPAC target now one of the best-performing IPOs. While he emphasizes that proof of a...
2025-10-0102 min
The SPAC Podcast: Special Purpose Acquisition CompanyThe Crypto-SPAC Convergence and What’s NextIn this episode of The SPAC Podcast, Louis Camhi breaks down the evolving relationship between SPACs and the crypto space and where investor attention is shifting next. He highlights recent high-profile transactions, including Cantor Fitzgerald’s CEP deal, which gave investors exposure to Bitcoin through a listed equity vehicle.Louis also points out that while digital asset treasury models initially gained traction, the market is starting to shift. Investors are now looking for operating crypto businesses with real cash flow, not just token exposure. With new SPAC sponsors entering the market from crypto-native backgrounds, Louis sees strong po...
2025-09-3001 min
The SPAC Podcast: Special Purpose Acquisition CompanyCustom D&O Coverage Protects SPAC and De-SPAC CompaniesIn this episode of The SPAC Podcast, Chaz, founder of Churchwell, explains why D&O insurance is highly customizable and why wording matters more than most sponsors realize.He shares real-world examples of how missing a single phrase, like “reverse merger,” has led carriers to deny SPAC-related claims. Chaz also describes how his firm works with clients post-de-SPAC, leveraging top D&O coverage attorneys to audit policies, uncover deficiencies, and fix them without raising costs.For SPAC sponsors and targets, this episode highlights how tailoring policy language can make the difference between full protection and no c...
2025-09-2901 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat Makes an Ideal SPAC TargetIn this episode of The SPAC Podcast, James outlines what makes the “ideal” SPAC target and why it’s often more about strategic fit and synergies than sector.For James, public-company-ready management is the non-negotiable starting point. But beyond that, he describes scenarios where SPACs create unique value:A company like William Scotsman, with $120M EBITDA and a bolt-on acquisition opportunity that could only be executed via a SPAC.Consolidation plays, where multiple mid-sized companies can’t acquire each other directly, but a SPAC structure can bring them together.The goal? To roll profitable businesses into a S...
2025-09-2602 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Caitlyn Van ValinIn this episode of The SPAC Podcast, we hear from Caitlyn Van Valin, Vice President at Odyssey Trust, on how her team is redefining what it means to be a responsive, scalable partner in the SPAC ecosystem.Caitlyn shares how Odyssey has grown into one of the most trusted firms in the space handling over half of all new SPAC listings in 2024. With roots in both transfer agent and trust services, Odyssey has built custom operational structures, called “SPAC pods”, that allow the firm to handle multiple redemptions, disbursements, and closings in a single week with precision and...
2025-09-1901 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhy Biotech and FinTech Are Primed for SPAC DealsIn this episode of The SPAC Podcast, Adeel Rouf dives into two of his highest-conviction sectors for upcoming SPAC activity: healthcare (specifically biotech) and FinTech. While AI and crypto dominate the headlines, Adeel makes the case for why some of the most overlooked, and deeply discounted, opportunities exist in these quieter corners of the market.Biotech, he notes, has been heavily discounted since the market cooled in 2021–2023, leaving many high-quality companies undervalued and ready for smart capital. Meanwhile, the rapid evolution of digital assets and payment platforms makes FinTech a sector full of momentum. With SPACs already po...
2025-09-1702 min
The SPAC Podcast: Special Purpose Acquisition CompanyFrom Hedge Funds to SPAC InvestingIn this episode of The SPAC Podcast, we sit down with Louis Camhi, who shares the unexpected path that led him from covering fintech at major hedge funds to becoming a focused SPAC investor and fund manager. His story starts in 2014, when a call from a friend working on a SPAC deal sparked his curiosity. What followed was a deep dive into SPAC structures from units and warrants to downside protection and ultimately, a shift in his career trajectory.Louis recounts his time at Three Corner Global and Citadel, including a pivotal “aha moment” during a crowded inve...
2025-09-1602 min
The SPAC Podcast: Special Purpose Acquisition CompanyHard Lessons from 10 SPAC DealsIn this episode of The SPAC Podcast, Adeel Rouf opens up about the biggest lessons he’s learned across more than 10 SPAC transactions. Rather than highlighting wins, Adeel shares candid stories of missteps that taught him what truly matters in successful SPAC sponsorship.From rushing private companies to public markets before they were ready, to underestimating the pressure of quarterly reporting, Adeel emphasizes the importance of investor communication, management readiness, and strategic alignment. He also explains why having the right long-term investors on board is just as crucial as finding the right target.If you’re t...
2025-09-1502 min
The SPAC Podcast: Special Purpose Acquisition CompanyRaising Capital as an Asian SPAC SponsorIn this episode of The SPAC Podcast, Claudius Tsang, CEO of A SPAC Holdings Group Corp, discusses the unique challenges and opportunities of raising capital in the U.S. as an Asian SPAC sponsor. Claudius explains the importance of educating U.S.-based investors on the credibility and track record of emerging market sponsors especially when those investors may be unfamiliar with Asian-led SPAC teams.Drawing on his experience working with major U.S. funds earlier in his career, Claudius shares how that background has helped him build bridges with hedge funds and capital partners. He also...
2025-09-0901 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Claudius TsangIn this episode of The SPAC Podcast, we spotlight Claudius Tsang, CEO of A SPAC Holdings Group Corp, and one of the most active SPAC sponsors in Asia. Claudius shares how he transitioned from private equity into the SPAC world, and what motivated him to launch seven Nasdaq-listed SPACs between 2021 and today.With over two decades of experience in private equity across Greater China and Emerging Markets, Claudius explains how SPACs became a powerful mechanism to help portfolio companies go public and to create thoughtful exit strategies for fund managers. From deal size variations to the role...
2025-09-0800 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Adeel RoufIn this episode of The SPAC Podcast, Adeel Rouf, CEO and President of Voyager Acquisition Corp. and President & CFO of Titan Acquisition Corp., shares his background and journey into the SPAC world. From his early career in investment banking at Sumitomo Mitsui and J.P. Morgan to learning the nuances of SPACs at Cohen & Company, Adeel has built extensive experience as a sponsor and leader in the capital markets.Since 2020, he has been involved in more than 10 SPACs, raising over $2 billion in IPOs and executing more than $5 billion in de-SPAC transaction volume. Most recently, Voyager Acquisition Corp...
2025-09-0101 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat Investors Look for in a SPAC SponsorIn this SPAC Podcast Spotlight, Candice Beaumont, Chief Investment Officer of L Investments, shares the key fundamentals she evaluates when assessing SPAC sponsors. She explains why a proven track record in the SPAC space is critical, and why partnering with experienced operators — such as the Cohens — can make a significant difference in execution.Candice also highlights the importance of selecting the right service providers and legal teams, emphasizing that timing and efficiency are essential in SPACs given their two-year closing window. Her insights shed light on how sponsor experience and execution capabilities influence outcomes in the SPAC mark...
2025-08-2601 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Dimitre GenovIn this episode of The SPAC Podcast, we welcome Dimitre Genov, Managing Director at Brookline Capital Markets. Dimitre brings over 25 years of investment banking and buy-side experience, including time at Lazard, JP Morgan, Julius Baer, Magnetar, and Balyasny. Having become one of the most prolific investors in the SPAC market, he now uses his expertise and network to help sponsors identify and secure high-quality targets.From his early years on Wall Street to his current role advising sponsors, Dimitre shares insights into the SPAC lifecycle, the importance of sponsor relationships, and how buy-side experience informs deal-making today...
2025-08-2200 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat’s Fueling New SPAC IPOs?What’s behind the renewed interest in SPAC IPOs? In this episode of The SPAC Podcast, hosts Michael Blankenship and Joshua Bruce Wilson sit down with Cayman Islands attorney Alexandra Low to explore the current SPAC IPO landscape.Ali shares insights from the front lines—discussing sponsor behavior, timing considerations, and the growing momentum among repeat and first-time SPAC sponsors. From the role of private equity to the influence of political sentiment, this conversation breaks down the key drivers behind the recent wave of SPAC IPO filings.🎙️ Guest: Alexandra Low 🔗 Alexandra Low’s LinkedIn: ht...
2025-08-1801 min
The SPAC Podcast: Special Purpose Acquisition CompanyThe Shift in SPAC Deal Fee StructuresIn this episode of The SPAC Podcast, James Graf, CEO of Graf Global Corp., shares his perspective on how backend deal costs and promote economics are evolving for SPAC sponsors and founders. With over a decade of experience leading multiple SPACs and a background in investment banking at Deutsche Bank and Merrill Lynch, James brings a seasoned view on what’s driving competitive changes in the market.From the traditional three-and-a-half to four percent deferred IPO fee structure to today’s environment where reputable sponsors are negotiating little or no backend fees, James explains how this shift is i...
2025-08-1402 min
The SPAC Podcast: Special Purpose Acquisition CompanyWhat’s Driving Renewed Interest in the SPAC Market?In this episode of The SPAC Podcast, Candice Beaumont, Chief Investment Officer of L Investments and Chairwoman of Salsano Group, shares her perspective on the renewed energy in the SPAC market. With deep experience in capital markets, M&A, and board leadership, Candice discusses how the SPAC cycle has evolved from a major cooldown to an emerging wave of enthusiasm, particularly in certain high-growth sectors.She highlights the correlation between equity capital markets and SPAC activity, the resurgence of specific industries such as crypto and blockchain, and how changes in market conditions have opened the door for...
2025-08-1101 min
The SPAC Podcast: Special Purpose Acquisition CompanySPAC Guest Spotlight: Alexandra LowIn this episode of The SPAC Podcast, Michael Blankenship sits down with Alexandra Low, Counsel in the Capital Markets and Corporate team at Appleby’s Cayman Islands office. Ali leads the firm’s SPAC practice and brings extensive experience advising on both SPAC IPOs and de-SPAC transactions for public and private companies, sponsors, and asset managers.Ali shares how she transitioned from working in Canada at Goodmans and Stikeman Elliott to becoming a key legal advisor in the Cayman Islands during the height of the SPAC boom. Her legal journey includes deep experience across jurisdictions and asset clas...
2025-08-0701 min
The SPAC Podcast: Special Purpose Acquisition CompanyIt All Began With The First All-Female SPACIn this episode of The SPAC Podcast, Candice joins Mike Blankenship to share the unconventional and inspiring story of how she got involved in the SPAC world. It all started with Athena Acquisition Corp.—the first all-female SPAC—where she served as an advisor and got a firsthand look at the power of the asset class.Her experience led her to pitch the idea of launching a SPAC to the billionaire she worked with—offering him a million-dollar stock bonus just for sourcing a deal. The bold proposal flipped the script and sparked curiosity, ultimately leading him to lau...
2025-07-3101 min
The SPAC Podcast: Special Purpose Acquisition CompanyThis is The SPAC Podcast (Pre-Production)Welcome to The SPAC Podcast — where capital meets conversation.This show is your front-row seat to the world of Special Purpose Acquisition Companies, or SPACs.We explore the structures, stories, and strategies behind this powerful financial vehicle — from IPO to de-SPAC and beyond.We’re currently in pre-production for the official launch of the show — and already lining up guest appearances, event coverage, and updates from around the global SPAC ecosystem.Hosted by Michael Blankenship and Joshua Wilson, this podcast brings clarity and insight to the evol...
2025-05-1701 min
SPACInsider2025 SPAC Market Update with Dimitre Genov, Ed Kovary, and Nick SkiboIn this special follow-up edition of the SPACInsider Podcast, we check back in with Dimitre Genov, Ed Kovary, and Nick Skibo, who last joined us at the end of Q3 2024, to assess the state of the SPAC market in 2025 and the key dynamics shaping the landscape.
Our panel brings together perspectives from across the SPAC ecosystem—banking, investing, and advisory—to provide a well-rounded view of the latest market shifts.
Joining us are:
Ed Kovary, Head of SPAC Capital Markets at BTIG
Nick Skibo, Managing Partner at Gritstone Asset Management
Dimitre Genov, Managing Director at B...
2025-02-1241 minSPACInsiderSPAC Market Update with Dimitre Genov, Ed Kovary, and Nick SkiboThis week, SPACInsider founder Kristi Marvin speaks with a panel spanning the banking, investing and advisory sides of SPAC transactions.
She is joined by Ed Kovary, Head of SPAC Capital Markets at BTIG, Nick Skibo, Managing Partner at Gritstone Asset Management, and Dimitre Genov, a Managing Director at Brookline Capital Markets advising SPAC sponsors on IPOs and de-SPAC transactions.
Kristi checks in on how recent trends like the resurgence of anchor investors is perceived by the various participants in a SPAC transaction through to close, and what the SPAC landscape looks like now with the...
2024-09-2459 min
True Connections: Fostering Godlike Sexuality @ HomeConverse w/ me: Talking to Your Kids About Sex (Sexual Safety)Converse w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to be prepared for sexual choice with a knowledge of sexual risk.
If you would like more information please visit trueconnectionsrecovery.com and set up a free consultation!
2023-11-1419 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking to Your Kids About Sex (Talking about Sexual Relationships)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their peers.
If you would like to purchase this book you can do so here: Talking To Your Kids About Sex
If you would like more information please visit trueconnectionsrecovery.com and set up a free consultation!
2023-11-0724 minTrue Connections: Fostering Godlike Sexuality @ HomeConverse W/ Me: Talking to Your Kids About Sex (Sexual Relations)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their peers.
If you would like to purchase this book you can do so here:Talking To Your Kids About Sex
If you would like more information please visit trueconnectionsrecovery.com and set up a free consultation!
2023-10-3127 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking toYour Kids about Sex: Talking about Romantic RelationshipsRead w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their peers.
If you would like to purchase this book you can do so here:
"https://www.amazon.com/Talking-Your-Kids-About-Sex/dp/0756657385/ref=sr_1_4?crid=1AOKW7QXCE2OB&keywords=talking+to+your+kids+about+sex+brotherson&qid=1695700536&sprefix=talking+to+your+kids+about+sex+brotherson%252Caps%252C124&sr=8-4&_encoding=UTF8&tag=trueconnect05-20&linkCode=ur2&linkId=5919a66137b64ebe238926ddefae0896&camp=1789&creative=9325">Talking to Your Kids About Sex
If you would like more information please v...
2023-10-2421 minTrue Connections: Fostering Godlike Sexuality @ HomeTalking to Your Kids About Sex: Talking about Social LifeRead w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their peers.
If you would like to purchase this book you can do so here:Talking to Your Kids About Sex
If you would like more information please visit trueconnectionsrecovery.com and set up a free consultation!
2023-10-1015 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking to Your Kids About Sex (Talking about the Media)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with the media.
If you would like to purchase this book you can do so here:Talking to Your Kids About Sex
If you would like more information please visit trueconnectionsrecovery.com and set up a free consultation!
2023-09-2628 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking to Your Kids About Sex (Talking about the Mind)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their body. Part 2
If you would like to purchase this book you can do so here:trueconnectionsrecovery.com and set up a free consultation!
2023-09-1927 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking to Your Kids About Sex (Talking about the Body Part 2)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their body. Part 2
If you would like to purchase this book you can do so here:trueconnectionsrecovery.com and set up a free consultation!
2023-09-1232 minTrue Connections: Fostering Godlike Sexuality @ HomeRead w/ Me: Talking to your kids about Sex (Talking about the Body Part 1)Read w/ Me: Brigham Elton, SPAC. This episode focuses on helping our children to gain a healthy relationship with their body. Part 1
If you would like to purchase this book you can do so here:Talking to Your Kids about Sex
If you are looking for help overcoming the appeal of pornography please visit our website trueconnectionsrecovery.com and set up a free consultation!
2023-09-0537 minTrue Connections: Fostering Godlike Sexuality @ HomeStudy with Me: Fostering a Positive Perspective of SexualityStudy with Brigham Elton, SPAC. Together, go through this talk to learn more about what God’s View of Sex is and isn’t. Identify simple truths you can add to your mental ammo to combat and remove the appeal of pornography.
You can read this talk here: HERE
If you are looking for help overcoming the appeal of pornography please visit our website trueconnectionsrecovery.com and set up a free consultation!
2023-03-0623 minTrue Connections: Fostering Godlike Sexuality @ HomeStudy with Me: Sex and Love (secular)Study with Brigham Elton, SPAC. Together, go through this talk to learn more about what a healthy view of sex is and isn’t. Identify simple truths you can add to your mental ammo to combat and remove the appeal of pornography.
You can watch this video here:
You can read this talk here: https://healthysex.com/sex-love/
If you are looking for help overcoming the appeal of pornography please visit our website trueconnectionsrecovery.com and set up a free consultation!
2023-02-1924 minTrue Connections: Fostering Godlike Sexuality @ HomeStudy with Me: Bridling Your Passions (AUG 2020 Ensign)Study with Brigham Elton, SPAC. Together, go through this talk to learn more about what God’s View of Sex is and isn’t. Identify simple truths you can add to your mental ammo to combat and remove the appeal of pornography.
If you are looking for help overcoming the appeal of pornography please visit our website trueconnectionsrecovery.com and set up a free consultation!
2023-02-0522 minTrue Connections: Fostering Godlike Sexuality @ HomeStudy with Me: The Devine Gift and Sacred Responsibility of Sexual Intimacy (The Eternal Family 2022)Study with Brigham Elton, SPAC. Together, go through this talk to learn more about what God’s View of Sex is and isn’t. Identify simple truths you can add to your mental ammo to combat and remove the appeal of pornography.
You can watch this video here:Watch
You can read this talk here: Text
If you are looking for help overcoming the appeal of pornography, please visit our website trueconnectionsrecovery.com and set up a free consultation!
2023-01-2922 min
PORA NA PODCAST - Homeschooling po polsku.Jak spać, żeby się wyspać? z Darią Łukowską #71Podejrzewam, że wszyscy słyszeli o zasadzie 3C. Czyli o tym, że żeby się wyspać w sypialni powinno być Cicho, Ciemno i Chłodno. Temat snu dotyczy nas wszystkich. Bo wszyscy spać musimy. Ale… edukacja domowa daje dzieciom i rodzicom bardzo wiele swobody w tym jak czasem snu zarządzać. Dlatego, w dzisiejszym odcinku Pora na Podcast zapraszam na rozmowę z Darią Łukowską, autorką kanału youtubowego ‘Forma na życie’ oraz książki ‘Jak spać żeby się wyspać?’.
(01:00) – Jak dziś spałaś?
(02:00) – Jak wygląda twój rytm snu i aktywności?
(04:10) – Jak spać żeby się wyspać?
(11:30) – Jak zarz...
2023-01-0752 min
Fintech LeadersAmanda Abrams, CEO of Fintech Masala – The Future of SPACs and Public Markets, Analyzing the SPAC Boom of 2020/2021, & What Great CEOs Have in CommonSend us Fan MailMiguel Armaza sits down with Amanda Abrams, CEO of Fintech Masala, a fintech-focused investment platform and one of the pioneers and most active firms behind several fintech SPACs since 2015. Some of their SPAC transactions, include CardConnect, Payoneer, Paya, and Perella Weinberg Partners.If filing 12 SPACs gets you the title of SPAC King, then Amanda and Fintech Masala Co-Founder, Betsy Cohen, are definitely the SPAC Queens with a total of 11 SPACs filed. The SPAC process and why Amanda suggests CEOs should still consider this r...
2022-08-1630 min
Equity Mates Investing PodcastExpert: Enrique Klix - Launching a SPAC for Aussie techThere’s been a lot of buzz around SPAC's - why are they so popular?You may have heard the term SPAC, but be unfamiliar with what exactly a SPAC is. In today’s episode Bryce & Alec are joined by Enrique Klix, who is the founder & CEO of Integral Acquisition Corp, a NASDAQ-listed SPAC (NASDAQ: INTE)Discover the mechanics of a SPAC, how these blank cheque companies work. What a SPAC IPO versus a traditional IPO looks like.What key considerations you should research before choosing to go the SPAC route.He...
2022-02-2341 min
天下文化‧相信閱讀【丁學文的財經世界】EP61 | 光陽集團與Harley Davidson哈雷機車戰略合作，將以SPAC方式在紐約證交所上市。/ 聯準會宣佈將縮減購債，預計明年3月結束量化寬鬆 (QE)一週財經聚焦 一、繼9月中Gogoro宣佈與Poema Global達成併購協議，正式合併完成後Gogoro為存續公司，在美國納斯達克上市之後，12月13日台灣光陽集團也宣佈與美國Harley Davidson哈雷機車公司完成戰略合作，將以SPAC方式在紐約證交所上市。台灣機車產業好不精彩，怎麼解讀這個項目？ 國際媒體相關報導 ●Forbes富比世雜誌：〈Harley’s ‘LiveWire’ Electric Motorcycle Brand To Go Public In SPAC Deal With KYMCO〉(哈雷的「LiveWire」電動摩托車品牌，將在與光陽的SPAC交易後上市。) ●CNBC：〈Why Harley-Davidson's EV motorcycle LiveWire is getting its own stock〉(為什麼哈雷的電動摩托車「LiveWire」將正式展開自己的道路) ●The Wall Street Journal華爾街日報：〈Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger〉(哈雷戴維森的電動汽車部門，將通過SPAC合併上市) 分析解讀 首先，我想在台灣長大的人都知道，台灣的機車密度居世界之冠，台灣的機車更是台灣小確幸不可缺的一環；但大家可能不知道，台灣的汽車與摩托車產業鍊其實勇冠全球，否則Tesla的第一款車Roadster也不會在台灣林口問世。 今天，台灣的Kymco和Gogoro能夠在這個電動車時代兵家必爭的領域，競逐全球電動機車第一家成功上市的寶座，確實值得我們與有榮焉。這讓我想起今年東京奧運，我看見台灣男雙羽球「麟洋配」，刷新台灣在奧運上的最佳總奪牌紀錄的感覺。 我說過好幾次，疫情揮之不去確實煩人，但現在確實是台灣產業有史以來，最有機會與能力走出台灣的機會，不只是我們本來就擁有自己都不知道的實力，更因為現在的台灣credibility正處於全球地緣政治夾擊中最頂峰的階段，這是老天爺賞給台灣的一口飯，我們就應該充滿自信，當仁不讓地大口吃下去。 曾經，機車常被視為移動汙染源，但隨著乾淨能源成為潮流，電動機車也找到重生機會，也被認為是未來最佳智慧化、綠能解決方案，就連印度的摩托車品牌TVS也宣布，將與BMW聯合開發電動摩托車。 疫情爆發以來，電動車相關產業，尤其特斯拉的一飛沖天，讓電動車的發展勢不可擋，而氣候變化更是催生各國政府政策補貼的重要因素，這讓傳統機車製造商在轉型壓力下，紛紛展開相互結盟。除了先進技術之外，怎麼和各個區域的合作夥伴結合，累積更多使用者經驗，已經變成後續兩年最精彩的所在。 這次，百年機車大廠哈雷旗下的電動車子公司LiveWire決定與台灣機車龍頭光陽攜手合作，透過SPAC方式，推進紐約證交所（NYSE）的IPO掛牌，這是一個非常漂亮的電動機車國際戰略合作案。併購後的新品牌LiveWire，將成為美國第一家掛牌上市的電動機車品牌，而光陽也有機會將KYMCO的品牌推向世界。 今天我想分三個層面，分別是：產業、資本運作以及對台灣後續的啟發，討論這個議題。 1、產業 這個投資案對光陽集團來說，除了成功讓台灣產業躍上國際舞台，還能在技術共享與股權增值上大有斬獲，並進一步成為全球電動機車的第一品牌，其象徵意義無比巨大。 事實上，哈雷在2019年就讓切割了電動機車部門LiveWire，可以看出發展電動機車的企圖心。哈雷總裁Jochen Zeitz更說，LiveWire 將會與光陽結合成兼具靈活與規模的戰略夥伴。哈雷機車擁有118年傳統，透過與光陽的戰略合作，受益於光陽的技術專業、製造能量、經銷網路、供應鏈基礎建設、全球物流能力等優勢，參與哈雷在全球的布局，加速摩托車電動化的全球轉型趨勢。 2、資本運作 在發展前景之外，外界更好奇，穩居台灣機車龍頭21年的光陽，如何與哈雷談成這次看來國際地位不對等的合作？ 事實上，去年光陽以3000萬美元入股東南亞共享乘車獨角獸Grab，協助台灣電動車產業供應鏈打入東南亞市場，就證明台灣產業確實有成為全球電動機車策略合作夥伴的能力。哈雷的項目，就是Grab雙軌戰略的再升級。 談判的過程相當複雜，除了雙方交涉的領域涉及了不同的法律、產業、投資、策略結盟、知識產權IP與上市IPO準備之外，還涉及了投資銀行與產業間的投資談判，確實比一開始想像的複雜多了。 3、後續啟發 大家有所不知，台灣的汽車廠競爭力雖然不強，但二輪機車的國際競爭力其實有目共睹，且不管是四輪或是二輪的供應鏈，都頗具世界水準；台灣唯一欠缺的就是戰略談判以及資本運作的能力。怎麼搭建一個既懂資本、更懂產業的「有機綜合體」，將是台灣產業晉升國際市場的關鍵。 而讓光陽和哈雷取得結盟共識的關鍵，我認為還是在於雙方合作後，在佔領全球電動機車制高點的完美匹配。哈雷機車的製造工藝無可厚非，但在軟體、電池、充電與更換電池等方面，光陽集團可以補足技術。更重要的是，哈雷急著尋求讓LiveWire成功上市的完美拼圖，而SPAC的投資人更在意的是掛牌後的故事。雙方結合之後，得以憑藉著各自的優勢，提高電動機車成功的機會。 這項合作，更讓光陽開始走一條與台灣產業界過往發展完全不一樣的道路。 眾所周知，過去台灣產業大都專注代工，所以在面對國際大品牌時習慣扮演賣方角色，在利潤極低的情況下，只能想方設法爭取擴大訂單。而透過此次合作，現在華爾街，甚至全世界都聽到了「KYMCO」的故事，這是台灣走出國際，創造自己品牌的最好機會。「台灣的產業基礎當然很好，但我們不能一直做著代工製造，這會讓台灣的下一代在大陸、印度、東南亞的競爭下越來越辛苦。」 而對光陽來說，這一次與哈雷攜手，除了技術提升、與哈雷共享研發之外，還能扮演ODM角色、並以股東身份分享股權增值，更重要的是還能參與戰略部署，並擁有一定的話語權。與其說是合作，其實是讓光陽與哈雷的二輪電動機車拼圖更加完整。 當然，上市最重要的是股價，股票投資人看的是未來，這部份就讓我們拭目以待；而光陽與哈雷的攜手，不管是大、小功率的機車產品、品牌沈澱一個都不缺，更重要的是全球涵蓋的故事相當完整。 另外，台灣產業界一直面臨著轉型、二代接班，以及人才培養的問題，年輕人需要的是更大的舞台，光陽與哈雷的合作希望能夠拋磚引玉，讓更多的台灣產業更有信心走上國際舞台，如此一來，台灣的年輕人才有更廣闊的發展空間。 二、美國聯準會宣佈今年最後一次貨幣政策決議，將縮減購債 (Taper) 幅度加倍至每月300 億美元，從1月開始每月購買600億美元的債券，預計明年3月結束量化寬鬆 (QE)。此外，也預期2022年將升息三次，看來政策已經更趨鷹派，以對抗居高不下的通膨。 國際媒體相關報導 ●Financial Times倫敦金融時報：〈Traders bet Fed will not raise rates as aggressively as forecast〉(交易圈押注，美國聯準會不會像預期的那樣激進地加息) ●Bloomberg彭博新聞社：〈Fed Doubles Taper, Signals Three 2022 Hikes in Inflation Pivot〉(美國聯準會加倍縮減，並暗示2022年通脹樞軸將進行三次升息) ●The Wall Street Journal華爾街日報：〈The Federal Reserve could make a mistake by tightening too aggressively, but even worse would be a Covid-19 outbreak that takes tightening off the table〉(美國聯準會可能會因過於激進地收緊而犯錯，但更糟糕的是，Covid-19的爆發，可能會讓他們取消收緊)
2021-12-2113 min
世界を拡張する情報キュレーションギャラリー ugomeki1-2. 儲かる箱に本質は流れ込むのか、SPAC、そして縄文土器と弥生土器儲かる箱に本質は流れ込むのか／SPAC／Virgin Galactic／Nikola Motor／プラットフォーム資本主義／シェアリングエコノミー／プラットフォーム協同組合主義／先に本質があってそのあと箱／量の価値観／中野信子さんと目［mé］／共有地の悲劇／蓄積の概念／縄文土器と弥生土器ゲスト：川村さんキュレーター：きむら参考リンク：米国で話題の特別買収目的会社（SPAC）とは？https://fundbook.co.jp/spac/新たな上場方法として注目を浴びるSPACとはhttps://www.arts-crafts.co.jp/post-10523/SPAC（特別買収目的会社）とは？ゼロから解説！https://www.bridge-salon.jp/toushi/spac/GAFA帝国への抗い デジタル・プラットフォームの未来を問い直すhttps://gendai.ismedia.jp/articles/-/64069プラットフォーム資本主義 vs プラットフォーム協同組合主義——本当のシェアとはhttps://www.geppo-moonwalk.com/colmn/platform-share/ささいなことが世界を変える。目[mé]×中野信子https://bijutsutecho.com/magazine/interview/24593コモンズの悲劇https://ja.wikipedia.org/wiki/%E3%82%B3%E3%83%A2%E3%83%B3%E3%82%BA%E3%81%AE%E6%82%B2%E5%8A%87感想や指摘は #ugomeki でツイート、またはDMやメールでTwitter: https://twitter.com/ugomekiartInstagram: https://www.instagram.com/ugomekiart/ugomekiart@gmail.com--- Send in a voice message: https://anchor.fm/ugomeki/message
2021-11-0431 min
Know Who Drives ReturnDeep Dive on the Aurora + RTPY SPAC Deal w/ Chris Urmson and Michael ThompsonAurora CEO Chris Urmson and Reinvent's (RTPY) Michael Thompson join David Drapkin to talk self-driving technology, why Aurora is setup for success, and the overall SPAC market. Aurora / Reinvent just announced their shareholder vote on the deal is happening on November 2nd. Reinvent Technology Partners Y (RTPY), is a special purpose acquisition company (SPAC) led by LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus. More on Aurora: https://aurora.tech/ More on Reinvent: https://www.reinventtechnologypartners.com/ Discussion DetailsOverview of Aurora...
2021-10-1228 min
SPAC ISLANDEp. 9 | Real Estate SPACS: WeWorkWework, founded in 2010 in NYC, is a rapidly growing company offering co-working space around the world. Upon a merger with Bowx Acquisition Corp. (BowX), will this be the next SPAC to take off? Join Stan and Alex for this week’s analysis.Key Takeaways:00:15 Wework Bio02:53 How covid plays a part04:40 The numbers – Alex's take06:24 The numbers – Stan's take07:09 Meetup acquisition10:12 Life after turning a profit15:00 Moats21:28 Which makes more money- Full memberships? Or physical occupancy?29:43 The black mark... Is Adam Newman coming back?34...
2021-10-1241 min
《老周》SPAC到底是什麼？台灣第一獨角獸為何這樣上市？與會計師Heidi聊聊非典型掛牌 小額贊助老周，讓我們一起聆聽更多訪談、分享更多商業知識！ https://open.firstory.me/join/moneytalk 聽完了嗎？快留言給老周，你對這一集的想法： https://open.firstory.me/story/ckufl4er3f3980966clduj8gc?m=comment 再過幾個月，台灣第一獨角獸即將在美國以SPAC架構上市，這是受到台灣新創業界高度矚目的事件，究竟什麼是SPAC？以此架構掛牌有哪些缺點？這集節目，老周邀請非常熟悉相關議題的KPMG安侯建業創新與新創服務團隊協同主持會計師黃海寧Heidi，來和我們聊聊不可不知的SPAC重點！我自己也學習了很多，就讓我們預習明年第一季的財經大事吧！SPAC簡單來說是個「殼」公司，上市時並沒有主營業務；它的特殊之處在於是用「投資單位」(unit)而非「股」(share)上市，每一投資單位掛牌價格通常為10美元，投資人會以10美元換得內含1股普通股及1單位認購權證的資產，日後權證可以分開交易。因為權證成本極低，容易刺激普通股股價劇烈起伏，因此自從熱潮開始，股價暴漲暴跌情況便增加了。SPAC一上市，便必須在24個月之內找到被併購公司，否則就要被清算，發起人基於時間壓力，必須全球跑透透完成交易，但優質標的需要時間溝通，發起人往往決定甚至犧牲股東權益也在所不惜，因此屢屢傳出爭議、導致監管介入，這也是此架構成形已久，但以往並不盛行的原因。SPAC架構當中，包括發起人、上市後投資人、標的公司經營團隊與各輪大股東，且併購後還要現金增資，此後還有新投資人，一層層探究下來，想兼顧利害關係人的利益，難度相對高出許多。SPAC制度以美國為主，英國、韓國也早已放行，但美國仍是最大宗；在亞洲，新加坡在今年9月終於修訂生效了SPAC制度上市規定，但要求市值達1.5億新幣以上（美國為500萬美元），也刺激香港等市場思考是否應該跟進。疫情使得市場變數暴增，比起需要Roadshow尋求投資人支持的傳統IPO，往往需要一、二年才能達成，還要支付3%至8%傭金給承銷商，SPAC讓買賣（殼）雙方只要合意、耗時六到九個月即可上市，也沒有傭金成本，顯得簡易許多。此外，全球央行救市使得資金大水浸，許多創投、投行高手拿到資金，轉身就以符合法規的5%下限（25萬美元）成為SPAC發起人（美國SEC規定需要5位發起人，其中3位為該領域專家），有機會獲得併購後的數十、甚至百倍報酬，對發起人而言誘因極大。非常謝謝你讀到這裡。能在眾多影像和聲音節目中成為你的選擇，我老周何其有幸。想聽到更多精彩人物訪談、學到更即時商業知識嗎？歡迎你到Apple Podcast給本節目按五顆星，並且留下你想鼓勵或告訴我們的話，或者來信給我們，或是在INSTAGRAM搜尋"ourmoneytalk"然後私訊給我，等你的訊息！ --- Instagram: ourmoneytalk 粉絲團：bit.ly/2Y6Agql 合作聯繫：yourfinnotes@gmail.com #110 Powered by Firstory Hosting
2021-10-1222 min
SPAC ISLANDEp. 8 | Fintech Stock: UpstartIn this episode of SPAC Island, we dive into Upstart (UPST)- a rapidly growing B2B loan vetting company that uses powerful artificial intelligence. Join us as we discuss why this might be one of the biggest stocks of the decade.00:35 Upstart Breakdown04:07 Is Upstart worth it? Why?06:52 How it works10:00 Company Leadership12:30 The numbers14:05 Risk Assessment16:00 The future of Upstart22:01 Upstart’s CompetitorsLinks:SPAC Island - Website | Twitter | Leave Us a Review | Email UsUpstart – Website
2021-10-0624 min
SPAC ISLANDEp. 7 | Real Estate SPACS: NextdoorNextdoor Show NotesNextdoor, a San Francisco-based company is an app dedicated to connecting its users to others in their neighborhood. With a $4.3 billion deal, it will merge with Khosla Ventures Acquisition Co II to form the new entity, KIND. Join Stan and Alex for this deep dive into this SPAC to find out if this is a win or a flop.Key Takeaways:00:25 Bio03:45 The social media dilemma09:08 Leadership12:03 Investment Assessment18:20 Advertising in Nextdoor19:32 Defensibility & competition22:06 Stan & Alex’s stance & summaryThanks for lis...
2021-09-3024 min
SPAC ISLANDEp. 6 | Satellite SPACS: ASTSASTS Show NotesAST & Science (ASTS) is a company claiming to bridge the gap for all areas of the world that do not get cell service. Their goal is to create the first space-based cellular network, providing 4G & 5G speeds globally. Can this be the next big thing for cellular data? Is it feasible? Join Stan and Alex for an in-depth analysis of this company and the market around space driven cellular data!Key Takeaways:01:00 ASTS Bio/ Aspirations01:46 The problem to solve & company ambition06:40 The Blue Walkers10:25 5G speeds.. Is it...
2021-09-2429 min
天下文化‧相信閱讀EP46 | 新加坡將允許「SPAC」掛牌上市，在亞洲主要金融市場中創下首例，該如何看待SPAC未來發展？ / 美國8月份就業數據不佳，看來經濟情況確實不如預期。停滯性通貨膨脹會不會真的來臨？一週財經聚焦 一、9月2日，新加坡將允許所謂「SPAC」(空白支票公司)掛牌上市，在亞洲主要金融重鎮中創下首例，也再一次敲響了這本追逐戰的戰鼓。怎麼看待SPAC發展狀況？ 國際媒體相關報導 ●Financial Times倫敦金融時報：〈Singapore exchange to allow Spac listings〉(新加坡交易所允許Spac上市) ●CNBC：〈The fall of the SPAC market has digital media companies in disagreement about best path forward〉(SPAC市場的下滑，讓數位媒體公司在最佳前進道路上存在分歧) ●New York Times紐約時報：〈A SPAC Counterattack〉(一個SPAC的反擊) 分析解讀 不管Delta怎麼肆虐，不管各國經濟何去何從，不管會不會有通貨膨脹…..過多的資金仍然在追逐過少的未來項目。雖然美國SPAC看似放慢了速度，但亞洲資本市場的熱度仍然方興未艾。 大家都知道SPAC其實行之有年，這兩年突然異軍突起其實其來有自，就是資金太過浮濫。從你必須戰戰兢兢把企業做好才有資格遞交上市，到如今先給你一張空白支票再開始思考怎麼幹企業，後續的各種匪夷所思還將層出不窮！ 這就是為什麼Delta仍在肆虐，新加坡交易所（SGX）卻還是頂著逆風，公佈了SPAC新規定。但是，與此同時，美國主管當局卻正加強監管這類投資工具。 其實星交所在3月啟動公眾諮詢過程，歷經數月徵詢投資公司、銀行、律師等方面的意見後，如今訂出一套管理架構，對原先的規章草案做出一些修正。星交所法規監管部門執行長陳文生（Tan Boon Gin）說：「我們希望這種SPAC程式能吸引優質目標公司來SGX掛牌，提供投資人更多選擇與機會。」也就是，他希望全球資本能前進新加坡，使其成為金融中心。 眾所周知，SPAC是一種沒有營運業務的空殼公司（shell company），成立後，先透過首次公開發行股票（IPO）募集資金，然後物色有前景的未上市公司並加以收購，形同讓被併購的公司借殼上市。 支持者宣稱這比IPO更有效率，前些時候在華爾街蔚為風潮，但自從今年4月美國證管會（SEC）對SPAC採取更批判的態度後，已冷卻這股SPAC熱潮。 如今，新加坡成為亞洲第一個允許空白支票公司上市的重要金融中心。儘管韓國和馬來西亞也都允許SPAC上市，但根據Dealogic數據，這兩個國家已多年沒有一樁SPAC交易。 修改過後，新交所的SPAC市值門檻與美國標準更加一致。新交所表示，一方面要吸引高質量發起人，一方面要確保未來與SPAC合併的企業維持一定規模，對上市SPAC的最低市值要求，在這兩者之間取得平衡。 具體來看，新交所的SPAC框架主要涵蓋以下特點： 1.SPAC上市時市值不可低於1.5億新元。 2.SPAC必須在上市後的24個月內完成併購交易。如符合相關規定條件，期限可延長最多12個月。 3.在SPAC上市到併購交易後六個月內，發起人股份處於鎖股期。 4.根據SPAC的市值規模，發起人必須在SPAC上市時認購不低於2.5%至3.5%的股份（股票、單位或認股權證）。 5.只有獲得過半數獨立董事的批准和過半數股東的投票支持，才能進行併購交易。 6.股東所持有的認股權證可以與普通股分離，認股權證行權導致的股東稀釋影響不得超過50%。所有獨立股東均享有贖回權。 值得注意的是，新交所放行SPAC的大背景，是去年至今年一季度華爾街曾掀起一股SPAC熱潮；但隨後美國證券交易委員會(SEC)更具批評性的態度，已導致SPAC上市速度放慢。 4月12日，SEC表示正在制定一項新的指導方針，此前向早期交易投資者（如空白支票公司）發放的認股權證將不再被視為權益工具，同時從會計角度而言，認股權證可能從此前股本轉為負債。這種潛在的會計規則變更可能會對SPAC市場造成巨大打擊，SPAC審查要求低、速度快的優勢可能會蕩然無存。 一系列監管重拳，果然讓美國SPAC熱潮退卻。Dow Jones Market Data對SPAC Research數據所做的分析顯示，在2月中旬以前完成合併的137家SPAC的總市值已經蒸發25%，一場廣泛的拋售已經把藉助SPAC上市的公司市值抹去了約750億美元，上個月市值回落幅度更是一度超過1000億美元。這項分析不包括到2月中旬尚未完成合併的公司，也不包括已經退市的公司。在已經宣佈合併但尚未完成交易的SPAC中，約75%的股價低於上市價格。 但不可否認，在美國以外，不少地區仍對SPAC展現了不小熱情。7月27日英國宣佈放寬SPAC上市規則，以藉此吸引更多SPAC上市。 英國金融市場行為監管局(Financial Conduct Authority)表示，將不再要求SPAC在披露交易計劃時暫停上市，這一規定被視為推動SPAC在英國上市的信號，同時SPAC在首次上市時需要籌集的最低金額，也從2億英鎊降低到1億英鎊。 同期，一隻追蹤近期通過首次公開募股(IPO)上市的公司的交易所交易基金(ETF)下跌12%，道瓊斯指數則上漲13%。 像貝萊德(BlackRock Inc., BLK)和富達投資(Fidelity Investments Inc.)這類企業管理的基金，以及許多對沖基金、養老金管理公司和其他一些投資者，都在SPAC的回落中遭受了衝擊，他們在去年年底開始的熱潮中競相投資SPAC，而美國的SPAC表現欠佳。 一些投資者說，今年夏天SPAC被打回原形是一個不可避免的結果，許多與SPAC合併的公司收入很少，卻有數十億美元甚至更高的估值。有多起電動汽車初創公司就如此，他們在SPAC交易中誤導投資者的事件引起高度關注，而這些公司的財務業績卻乏善可陳，也難怪最近幾個月，監管機構加強了對這一行業的審查。 電影《大賣空 (The Big Short)》原型、著名大空頭 Michael Burry在8月15日於推特上表示，美股現在正處在「歷史上最大的泡沫當中」。 Burry在推特上也說到：「人們總是會問我現在市場上發生了什麼，這很簡單，股市正處在有史以來最大的投機泡沫當中，規模達到兩個數量級。」他還標注了標籤「FlyingPigs360」。 「FlyingPigs360」這個推特標籤，是引用了投資領域中的一句名言「牛市賺錢，熊市賺錢，但豬會被宰殺」，以此警告投資者不要太過貪婪，不要當被宰殺的豬。Burry指出，投資者目前太過貪婪，瘋狂投機，承擔太多風險，並追逐不切實際的回報。 Burry 在 4 月初時就曾對特斯拉、 GameStop、比特幣、狗狗幣、Robinhood、特殊目的收購公司 (SPAC)、通貨膨脹和整體股市發出警告，他將比特幣、電動車和迷因股 (meme) 的炒作與網路泡沫和房地產泡沫相比，並在今年初時警告表示，美股正在「刀刃上跳舞」。 有「商品大王」之稱的著名投資人羅傑斯 (Jim Rogers) 在先前也警告表示，圍繞熱門股票的炒作、散戶投資熱潮，以及 SPAC 借殼上市公司數量大增，都表明了美股泡沫正愈來愈大。如果買入了泡沫股票，投資者可能永遠都不會賺到錢。 另一方面，羅傑斯也指出，債券市場肯定也處於泡沫之中。他看好黃金和白銀的價格上升，並且有興趣購買中國股票，因為比美國和大多數其他國家的股票更便宜。 我怎麼看呢？ 現在的資本市場，從QE到紓困刺激方案，資金的確太多。資金當然會追逐有利可圖的目標，我承認，豬牛都上身當然不對的，但如果不錯的公司因為有了SPAC，使IPO的效應變
2021-09-0716 min
Handelsblatt Disrupt - Der Podcast über die Zukunft der WirtschaftHometogo-Chef Andrae zum Spac-IPO: "Natürlich war Geschwindigkeit ein Argument"Handelsblatt Disrupt vom 03.09.2021
Patrick Andrae soll Börsengeschichte in Deutschland schreiben: Im dritten Quartal könnte sein Marktplatz für Ferienwohnungen Hometogo der erste erfolgreiche Spac-Börsengang in Deutschland gelingen. Seit diese Börsengänge im Schnellverfahren in den USA einen Riesenhype erfahren, hat es in Deutschland noch keinen Versuch gegeben. Alle Augen ruhen auf Hometogo.
Konkret funktioniert die Sache so: Eine extra zu diesem Zweck gegründete Mantelfirma (Special Purpose Acquisition Company, kurz: Spac) sammelt an der Börse Geld ein. Dann macht sie sich auf die Suche nach einer Firma, die sie kaufen kann. Im Fall von...
2021-09-0346 min
Legal AlertsWebinar: Understanding SPACs - SPAC Opportunities for Turkish BusinessesOur Understanding SPACs - SPAC Opportunities for Turkish Businesses webinar will take place on 1 June, 2021, Tuesday at 14.00 pm (Turkey) / 12:00 pm (UK) time.The majority of us will still be working from home for the foreseeable future. Although our physical reach is limited, we can still prepare ourselves for what's ahead in the ECM arena. We therefore want to help you prepare by offering a webinar on SPACs and how they work.A Special Purpose Acquisition Company (SPAC) raises capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company. Subsequently...
2021-06-151h 12
SPACs AttackExclusive Interview: Sports E-Commerce SPAC $YACOn SPACs Attack:Sports E-Commerce Company SIGNA Sports United Going Public Via SPAC: What You Should Know and other SPAC headlines and stocks to follow. Chris & Mitch dive deep into the e-commerce sport spac that is SIGNA SPORTS UNITED.Featured Guest: STEPHAN ZOLL 15:00CHIEF EXECUTIVE OFFICER (CEO) of Signa Sports UnitedLet us know if you think you have a SPAC Stock that should be on our WATCHLIST? EMAIL us at spacsattack@benzinga.comThis...
2021-06-141h 01
Mintz On AirSPAC Chat Ep. 5: Tempering the SPAC HypePlease join your favorite SPAC corporate attorneys, Tom Burton, Sahir Surmeli, and Jeff Schultz as they set the record straight on SPACs’ apparent boom and bust, heavily reported on in the media. In this episode, they will address the few reasons why SPAC transactions have slowed down, including the SEC’s heightened scrutiny, the question over company valuations, and recent market shifts. They will also explore the advantages now present in this new SPAC era.
The Mintz team has handled numerous multibillion-dollar SPAC transactions in recent months, including for XL Fleet and Butterfly Network, as well as the...
2021-06-0420 min
SPAC ISLANDEp. 3 | SPAC Speculation: AACE's Target AcquisitionJoel Marcus, a real estate mogul and biotech venture investor, helms a new SPAC - Alexandria Agtech/Climate Innovation Acquisition (AACE). Now the question is, which company will this SPAC merge with? Could it acquire one of Joel's VC firm portfolio companies like Indigo, Inari, or Greenlight Biosciences? In this episode, we'll walk you through this potential acquisition targets. Let's speculate wildly!
2021-06-0442 min
SPAC ISLANDEp. 2 | Farming SPACs: AppHarvest vs. AeroFarmWhich is more profitable? Greenhouses or Vertical Farms?What moats can indoor farming companies have?Is indoor farming more profitable?We’ll answer these questions as we uncover which company we think is a better long-term investment: App Harvest or Aerfofarm.References:AppHarvest SPAC investor presentation - https://investors.appharvest.com/static-files/8db681b8-4ea3-452f-a3e6-3a151d8866d9Aerofarm SPAC investor presentation - https://www.aerofarms.com/wp-content/uploads/2021/05/AeroFarms-Investor-Presentation.pdf
2021-05-2147 min
SPAC ISLANDEp. 1 | Electrical Vehicle SPACs: A Deep DiveIn this episode, we review all the past and future Electric Vehicle SPAC merger targets and companies such as Lucid Motors (CCIV), Lordstown Motors(RIDE), Canoo (GOEV), Proterra (PTRA), Xos (NGAC) and Lion Electric (LEV).
2021-05-071h 33
Broken Pie ChartWhat are SPAC Special Purpose Acquisition Companies?SPACs or Special Purpose Acquisition Companies 2021 growth has outpaced even 2020's record year. So, what are SPAC companies? Are SPAC companies good or bad? What are some famous SPAC companies? SPAC Special Purpose Acquisition Companies SPAC timeline from creation to IPO of new company What Happens if the SPAC cannot find an acquisition target? SPAC companies have record 2021 with over $100billion raised. SEC looking at SPAC companies according to WSJ What am I buying with a SPAC? Why do they call SP...
2021-05-0419 min
CIOs and Bow TiesSPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest #retailhttps://cnb.cx/3dQCsKZ
YouTube (Come Learn With Me)
points form the article:- SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest- After a record of 109 new SPAC deals in March alone, issuance has now come to almost a standstill with just 10 SPACs in April, according to data from SPAC Research.- The SEC issued accounting guidance that would classify SPAC warrants as liabilities instead of equity instruments.- Bank of America’s client flows showed that retail SPAC buying slow...
2021-05-0306 min
創業新聲帶'21 SP002 特別企劃｜SPAC上市正熱！給台灣新創的切身建議：專訪勤業眾信稅務部資深會計師徐有德2020年開始在美國股市大爆發的SPAC，到了2021年繼續延燒，而且越燒越旺。
根據數位時代報導，光是今年第一季，Nasdaq的掛牌數量就創新高，而且其中八成都是SPAC。
SPAC到底是什麼？除了疫情，是什麼因素讓美國證券市場的SPAC熱潮持續不墜？
也許你已經聽過很多節目、讀過很多報導，告訴你關於什麼是SPAC，還有SPAC熱潮下的諸多案例，
但是身為台灣新創，SPAC到底跟我有什麼關係？有什麼需要注意的發展或者機會嗎？
從稅務與法律的專業角度來看，又有什麼應該要注意的地方？
歡迎收聽創業新聲帶SPAC特別企劃！
延伸閱讀｜勤業眾信觀點：台灣新創可以在美國 SPAC 嗎？
關於創業小聚：https://meet.bnext.com.tw
訂閱、收聽、分享、給五星：https://linktr.ee/meetonair
Credit｜
來賓：勤業眾信稅務部資深會計師徐有德 Andy
企劃、主持、剪輯製作：陳凱爾
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2021-05-0335 minMintz On AirSPAC Chat Ep. 4: Litigation Update: Preparing for the Next Wave of Suits Against SPACsIt seems that everyone is taking a second look at SPACs as the number of lawsuits against these alternative IPOs continues to increase by the day. The SEC has recently commented on the liability risks of SPACs under the securities laws following the agency’s heightened scrutiny of these blank-check companies. What exactly is happening, and how can SPAC actors mitigate the ever-increasing risk of litigation?
This latest episode of SPAC Chat features your two favorite corporate attorneys in the forefront of SPACs, Jeff Schultz and Sahir Surmeli, along with two of Mintz’s leading litigators, Doug Baum...
2021-04-2716 min
SPAC PodcastSPAC Podcast: Current State of SPACs, SEC regulation, Chamath under fire, DogeDay + Special Guests El Professor & Ms. Meg Trades► SEGMENTS: (Click links to navigate to that segment)
00:00 - Intro
01:00 - Special guests (quick background on @_El_Profesorr & @MsMegTrades)
04:30 - Current state of the SPAC market:
What caused this 10-week SPACpocalypse?
What behavioral changes we've observed in SPAC investors
How to hedge yourself during this turbulent period
16:05 - SEC regulation, market behavior changing, life cycle of SPACs
34:32 - SPAC catalysts are no longer guaranteed price bumps
36:10 - Chamath discussion (was the face of the 2020 SPAC frenzy; but how come he's become the face of the SPAC market bust?)
46:43 - I...
2021-04-211h 18SPAC PodcastSPAC Podcast: Coinbase IPO & undervalued e-commerce investments worth a look (April 14, 2021)EPISODE SUMMARY:
In our third episode of the SPAC Podcast we discussed the Coinbase IPO and what that means for the overall Crypto environment. We also took a deep dive into some prominent e-commerce plays that are currently undervalued with significant upside.
SEGMENTS:
00:00 - Intro
01:09 - Coinbase IPO
10:35 - Tokopedia
19:03 - Coupang
31:00 - Wish
35:15 - PoshMark
42:06 - SEC looks into SPAC market
ABOUT OUR PODCAST:
We created this podcast to tackle the weekly buzz on all SPACs...
2021-04-1552 minCIOs and Bow TiesWhy Are So Many SPAC Targets EV Companies?https://bit.ly/39KpYlL
Come learn with me
points form the article:- Why Are So Many SPAC Targets EV Companies?- Electric-truck maker Nikola Motor Co. went public through a SPAC merger in summer 2020, and was one of a few high-profile SPAC transactions that helped make blank-check company mergers en vogue (DraftKings and Virgin Galactic were the other two).- Revenue projections vs. actual revenue- The way that they’re able to go public through a SPAC is the SPAC process allows them to use...
2021-04-1206 minSPAC PodcastSPAC Podcast: Episode 2, with Alex Cutler & SPAC Mania (April 8, 2021)EPISODE SUMMARY:
This is our second episode of the new SPAC Podcast, hosted by Alex Cutler and SPACmania. In this episode we tackle Cathie Wood's new Space ETF and the SPACs that may join that ETF in the near future. We also discuss major merger news this week (Grab, Topps, and LumiraDx), as well as new updates in the world of legalized sports betting. Lastly, we end the podcast with a comprehensive breakdown on the economics of buying electric vehicles, and explore a new segment of the show where we review and discuss Twitter polls from earlier t...
2021-04-091h 08SPAC PodcastSPAC Podcast: Episode 1, with Alex Cutler & SPAC Mania (April 5, 2021)This is the pilot episode of our new SPAC Podcast, hosted by Alex Cutler and SPACmania. We created this podcast to tackle the weekly buzz on SPAC investing. All listeners are encouraged to engage with us on Twitter, ask us questions and more importantly let us know want you want us to talk about! Our new podcast is available weekly on Wednesdays or Thursdays via YouTube, Apple Podcast and Spotify. Follow the SPAC Podcast on Twitter (all links listed below). Lastly, this is our pilot episode - it's a little rough around the edges, but rest assured we're invested...
2021-04-0539 min
Слушай брокераИнвесторы скупают акции SPAC. Но это же компании-пустышки! Слушай брокераВ 2020 году случился настоящий бум: инвесторы стали массово вкладываться в компании SPAC, которые не ведут вообще никакого бизнеса. В новом выпуске подкаста «Слушай брокера» разбираемся в причинах явления, оцениваем риски и перспективы таких инвестиций вместе с нашим специальным гостем – старшим персональным брокером БКС Мир инвестиций Максимом Чекушиным. 5:21 Что такое SPAC и почему вокруг этих компаний возник ажиотаж?8:56 Какие риски несут инвесторы, решившие вложиться в SPAC?11:56 Как выбрать SPAC?14:27 Почему SPAC стали популярными именно в 2020 году?18:37 На какой стадии лучше всего заходить в SPAC?19:33 Могут ли российские компании выходить на биржу через SPAC? Ведущая выпуска: Елизавета Рудых, инвестиционный консультант БКС Мир инвестиций.Интро для выпуска предоставили наши друзья из коллектива DVAIODIN: instagram.com/dvaiodin.music Откройте брокерский счёт онлайн и начните инвестировать с мобильным приложением БКС Мир инвестиций.Для вас:• режим для начинающих и опытных инвесторов• витрина продуктов и инвестидей• раздел ленты новостей и обучение по шагамСкачать приложение: http://bit.ly/BCScast
2021-03-3121 min