Joe Tonnos
Managing Director
Roth Capital Partners
Joe Tonnos is a Managing Director at Roth Capital Partners with over 14 years of experience investing in, structuring, and advising public and private companies. Joe’s experience spans across the buyside and sell-side where he has also been a six-time SPAC sponsor and has led and/or invested in several PIPE transactions. His previous experience includes Mistral Equity Partners, Lazard, and Bank of America. Mr. Tonnos received his B.S. and M.B.A. from Niagara University.
Topic
5:30pm - 6:10pm
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
9:40 AM - 10:25 AM
Thursday February 7, 2019
SPAC Market Outlook Through 2019
- SPACs continue to be an attractive vehicle for raising capital
- Market interest remains strong, with IPO Vital Signs reporting 12 SPAC IPOs raising over $2.3 billion by Q3 2018
- Tech, Biotech and Healthcare companies continue to be prime targets, but for how long?
- Understanding costs – granting SPAC equity versus paying investment banking fees for traditional IPOs
9:05 AM - 9:35 AM
Thursday June 16, 2022
Fostering Clear Communication with Retail SPAC Investors
- Investor lawsuits against de-SPACed companies are on the rise
- Marketing vigorously, making robust projections, avoiding hyperbole
- Issuing regular updates and press releases
- Rock the vote: Ensuring retail investors participate in shareholder meetings and merger votes
