Spac
SPAC is a way of overseas Back-door listing. The full name is “Special Purpose Acquisition Company”. SPAC listing financing mode centralize direct listing, overseas mergers, reverse acquisitions, private equity; and optimizes the characteristics of each financial product to complete the purpose of listing.
The SPAC originated from mining companies in Canada and Australia, but achieved real success in the United States and the UK, where was more openness and encouraging innovation. It was first officially introduced to the market by the predecessor of GKN Securities, and registered the trademark of "SPAC" in the same year. SPAC is a financial instrument serves the enterprise listing.
The SPAC fully comply the requirements of the minimum public listing standard by the Securities Regulatory Commission of the United States. Comparing with the direct listing, the SPAC can save time and the costs of listing. Comparing with the traditional shell listing, the shell resources of SPAC are clean and there are no historical liabilities and laws issues.
As an American SPAC partner, IPOF has the best operating scheme of SPAC, and helps your enterprise to list in the US capital market at minimal cost.
What are the advantages of SPAC? Let the IPOF for You
Certain purchase price
Unlike the IPO, the purchase price does not change; the value is determined by negotiation between the SPAC, the sponsor and the managers of the private company.
Speed of the process
The acquisition can be completed in less than two months (usually 2 to 4 months) with active management, faster than IPO or the complete seller's process. The enterprise can enter the public market quickly.
Flexible of the structure
A creative M & A structure can be designed; it can sell all of the ownership shares, retain premium shares, reduce the risk of bet options.
Cash out
The shareholder who sells the stock or the owner of the target company may need a lot of cash and retain a significant stake in the listed company after acquisition.
If you have any questions about SPAC mode, take a look at our SPAC page。Or if you need to contact us, you canClick here to find your local Office。
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