SPACS

Special Purpose Acquisition Companies

Following completion of the Initial Public Offering (“IPO”), SPACs pursue an acquisition opportunity and negotiate a merger or purchase agreement to acquire a business or assets of a business, also known as business combinations.  These business combinations generally require approval by the existing shareholders of the SPAC via a shareholder meeting.

The Laurel Hill team has extensive knowledge and experience on SPAC business transactions, which require careful planning and execution to ensure success.  We act as an advisor and coordinate with SPAC managements, law firms, transfer agents, financial printers and other advisors to launch the proxy, which often involve compressed time schedules.  The SPAC shareholder composition is unique and requires our specific analysis to establish a roadmap for the solicitation campaign, coordinate mailings of proxy materials with all shareholders, solicit voting instructions, provide Call Center resources for shareholder inquiries and detailed voting summaries in conjunction with the proxy tabulator.

Our state of the art in-house Call Center allows us to communicate with shareholders in an efficient and cost controlled manner.  We operate on business days and weekends as dictated by the needs of our clients.  Our staff is trained for each individual project to ensure the appropriate flow of information to our clients’ investors.