John Marchisi, National Director, SPAC Segment, Gallagher, discusses readiness of program and of conduct between announcement through transaction and how indemnification of insurance should provide stability to the balance sheet of the combined entities going forward.
The SEC and Elizabeth Warren have SPACs in their crosshairs, but what will the final rules be? And what are the implications for growth companies in particular? To answer these questions and more, IPO Edge and The Palm Beach Hedge Fund Association hosted a virtual forum featuring leading market participants and capital markets advisors. The panel discussed the comments from banks and other advisors sent to the SEC during the (now closed) feedback period, Elizabeth Warren’s populist movement and the future prospects for SPACs and IPOs as sources of growth capital. The live event featured speakers from Nasdaq, Vinson & Elkins, Gallagher, Cowen, Knightswan Acquisition Corp., Montgomery Strategies, and ICR, running approximately 90 minutes including a live Q&A session with the audience.
Alan Hatfield, Director of Research