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