PIPE and Other Capital Raising Transactions in Connection with De-SPACing

To mitigate the risks associated with redemptions, as well as to provide additional capital for the continuing public company, most de-SPAC transactions are now accompanied by a PIPE transaction.  Marketing the PIPE transaction to potential investors alongside the de-SPACing also may be part of the overall investor outreach.  As an alternative to a PIPE transaction, other financing alternatives include forward purchase transactions and private placements with the SPAC sponsor affiliates.  

Panelists from Hennessy Capital Acquisition Corp., ICR, Stifel and Mayer Brown will discuss:

• The SPAC IPO market, announced notable de-SPAC transactions, and the M&A pipeline
• The de-SPAC process
• Coordinating a financing in conjunction with the de-SPACing process
• PIPE transactions in connection with SPACs and market trends
• Special structuring and legal considerations 
• Documentation and timing issues
• Alternatives to PIPE transactions

Speakers

• Craig DeDomenico, Stifel, Nicolaus & Company
• Don Duffy, ICR Strategic Communications & Advisory
• Daniel J. Hennessy, Hennessy Capital Acquisition Corp. IV
• Steve Parish, ICR Strategic Communications & Advisory 
• Anna Pinedo, Mayer Brown LLP 

Access the recorded replay of this webinar event.