Special Purpose Acquisition Corporations (“SPAC”) is a corporation that raises capital through an IPO without having any assets or operations.  The purpose of a SPAC is to acquire one or more operating companies and/or assets.  The SPAC lists through an initial public offering.  In Canada the two stock exchanges that permit the listing of SPACs are the Toronto Stock Exchange – TSX and the Neo Stock Exchange (now CBOE Canada).   Both exchanges require a minimum IPO raise of $30 million or minimum market capitalization of $30 million upon listing respectively.

Services Include:

• Develop with management the SPAC aquisition strategy
• Assist management in developing the corporate structure.
• Assisting in the preparation of appropriate materials to present to registered Investment Dealers to increase your success rate in acquiring a sponsor.
• Using our networks and relationships to develop relationships between your company and the investment dealers who have the experience and ability to complete the SPAC Initial Public Offering.
• Providing company management with guidance on how to present their company and investment opportunity, avoiding many pitfalls that companies face in obtaining an investment dealer as a sponsor.
• Arranging and attending meetings with management and investment dealers to assist in getting the most effective agreement with the proper investment dealer.
• Recommending the appropriate legal and audit professionals.
• Coordinating filings and documents with the exchange, investment dealer, legal and audit professionals
• Assisting in the preparation and completion of exchange listing documents.
• Development of relationships with market makers.
• Creation of Investor Relations programs including sourcing the appropriate professionals.
• Sourcing of appropriate directors with public company experience.