The SPAC Conference - February 6, 2020
Registration & Breakfast (sponsored by Morrow Sodali)
Opening Remarks
Presentation
State of The Market
- Why SPACs continue to be an attractive vehicle for raising capital
- Overview of year-to-date IPO and merger activity
- Technology and healthcare continue to be prime targets
- Updates on prevalent deal terms
Doug Ellenoff
Partner
Ellenoff Grossman & Schole
Speaker
Presentation
Recent Trends: Success and Challenges
- Top performers, post-merger
- Rate of liquidated SPACs that unwind without a deal
- Sectors most likely to lead to success
- Industries where investor appetite is lacking
Mitch Nussbaum
Vice Chairman; Co-Chair, Capital Markets & Corporate
Loeb & Loeb
Speaker
Panel
How to Anticipate and Minimize Risks and Costs Pre- and Post-IPO
- The impact of competition from PE firms
- Mitigating cyber risks during due diligence
- SPAC insurance coverage
- Satisfying regulatory filing requirements
Kevin Kelly
Senior Director
Morrow Sodali
Moderator
Mike McCrory
Chairman
i-Bankers Securities
Panelist
Joel Rubinstein
Partner
Winston & Strawn
Panelist
Michael Killourhy
Partner
Ogier
Panelist
Zac McGinnis
Managing Director
Riveron
Panelist
Mark Solovy
Managing Director
Monroe Capital
Panelist
Networking Break
Presentation
SPAC Vehicles as an Investment
- Assessing potential ROI
- Making sure due diligence includes a review of management
- Understanding the true costs of blank-check companies
Alex Zuluaga
Partner
Ernst & Young
Speaker
Marc Siegel
Partner
Ernst & Young
Speaker
Presentation
Technology SPAC full lifecycle execution using the Private-to-Public Equity (PPE) methodology
- Initial IPO of the Technology SPAC: Deal Size, Nature and Focus of the GigCapital operational team
- Searching, identifying and selection of the technology final target company for combination, using the PPE defined criteria
- Planning the closing of the combination to secure successful listing on national exchange, required cash, and financial performance post the combination
- Executing PPE and Mentor-Investor partnership methodology post-closing to support company’s performance and continuous growth
Avi Katz
Founder
GigCapital Group
Speaker
Panel
How Can SPACs Prepare for a Down Market?
- Implications of adjusting management feesÂ
- Avoiding companies that insist on excessive valuations
- Marketing collateral and roadshow as critical components of persuasion
Kristi Marvin
Founder
SPACinsider
Moderator
Stuart Neuhauser
Partner
Ellenoff Grossman & Schole
Panelist
Andrew Cohen
Founder & Chief Investment Officer
Difesa Capital Management
Panelist
Priya Cherian Huskins
Senior Vice President & Partner
Woodruff Sawyer
Panelist
Lunch (sponsored by Woodruff Sawyer)
Fireside Chat
Cannabis SPACs
- What’s hot -- and for how long?
- Navigating choppy regulatory waters
- Cannabis/blank-check hits and misses: Case studies covering what went right, and what went wrong
- Promoting a combination even as public cannabis companies slump
Presentation
Navigating the Registration Statement Process
- Regulatory exceptions and exemptions
- The latest on setting up deals
- Addressing how much capital to raise
- Extra SEC requirements for protecting investors
Jay Shepulski
Partner
Withum
Speaker
Mark Deters
Partner
Withum
Speaker
Marc Silverman
Partner
Withum
Speaker
Networking Break
Presentation
Insuring the Modern SPAC - Perceptions, Threats and Strategic Opportunities
- Bridging the Gap - Insurance Underwriting and the Evolution of the SPACÂ
- Modern Threats - Cyber Threat Landscape and the Various Influences on SPAC Process
- A Strategic Perspective - Leveraging Risk Management for Success
John Marchisi
Area VP
Arthur J. Gallagher & Co.
Speaker
Panel
Best Practices for Investor Communications
- Fundamental regulations governing investor communications
- Communicating with key stakeholders
- Challenges with international deals and investors
Steven Nelson
President
Continental Stock Transfer Trust & Co.
Moderator
Jamie Caruso
Principal
Apollo Global MGMT
Panelist
Eric Gomberg
Investment Banker
Odeon Capital
Panelist
Cody Slach
Managing Director
Gateway Investor Relations
Panelist
Presentation
SPACs by The Numbers
- Formation and capital raising trends and statistics
- Annualized return profile from IPO to business combination
- Market and trading dynamics
- Outcomes and post-business combination performance
Ben Kwasnick
Founder
SPAC Research
Speaker
Direct Listings: Gaining in Legitimacy or Just a Fashionable Trend?
Panel
How SPACs are Competing with Strategic Buyers in the Cutthroat M&A Market
- Formation and capital raising trends and statistics
- Annualized return profile from IPO to business combination
- Market and trading dynamics
- Outcomes and post-business combination performance
Lou Taubman
Partner
HTFL
Moderator
James Graf
CEO
Graf Industrial Corp.
Panelist
George Schultze
CEO
Schultze Special Purpose Acquisition Corp.
Panelist
David Boris
Co-CEO
Forum Merger II Corp.
Panelist
Andrew Heyer
President
Haymaker Acquisition Corp.
Panelist
Carlos Alvarez
Managing Director
UBS
Panelist
Closing Remarks
Cocktail Reception