Gaurav Verma
Mr. Gaurav Verma has been covering the Technology, Media, and Telecom sector for over 15 years and has executed over 100 billion in transactions encompassing sell-side and buy-side M&A, IPOs, equity offerings, SPACs, converts, high yield and investment grade financings. Mr. Verma has advised C-Suite executive teams on mergers and acquisition assignments, business development opportunities, growth strategies and capital allocation policies. Prior to joining D. Boral Capital, Mr. Verma was a Director at Nomura spearheading the TMT coverage efforts and executed several financial and strategic transactions and was a Senior Vice President at Bank of America Merrill Lynch within their TMT investment banking group. Mr. Verma received his MBA in Finance and Entrepreneurship from NYU Stern School of Business and BS in Computer Science and Economics from Rutgers University.
Topic
June 17, 2025 June 17, 2025
The Future of SPACs, PIPEs and Their Role in Capital Markets
- Smaller and more targeted SPACs – why sponsors are launching smaller deals focused on niche sectors to attract specialized investors and increase deal certainty
- Tighter deal structuring – how to reduce dilution, lower promote structures and earnout provisions to make SPAC deals more attractive to investors and targets
- Sponsor alignment and reputation – sophisticated investors focusing more on SPACs with experienced sponsors, proven track records and significant personal capital at risk
- Market timing and strategic flexibility – how sponsors are adapting to changing market conditions by extending timelines, adjusting valuations, securing PIPEs and developing alternative exit strategies
