Why Choose Computershare for your Special Purpose Acquisition Company (SPAC) Transaction?
Going public is one of the most paramount moments in a company’s history, and the main paths to the public market – traditional IPOs, direct listings, or Special Purpose Acquisition Companies (SPACs) – can be complex with a myriad of idiosyncrasies. Successful SPAC IPOs require building a strong team of professional advisors, and your choice of transfer agent is a critical component to a successful launch and beyond.
As a leading provider of IPO services in the US and around the globe, Computershare is uniquely positioned to provide services for SPAC IPOs. With decades of collective experience, we’ve worked on some of the largest and most complex transactions in the world.
Comprehensive SPAC/De-SPAC transaction services
Computershare provides comprehensive services for each stage of a SPACs progression, including pre- and post-IPO activities, De-SPAC, and the ongoing registry and corporate governance services you/your clients need for life as a newly public company.
Our full-service delivery model, focused on providing SPAC issuers with a centralized and simplified approach improves the ease of doing business, and includes the following:
SPAC Launch
Pre-IPO Activities
- Transfer agent, warrant agent and trustee services
- Coordination of appointment closing documentation
- Issuance of units
- Movement of IPO proceeds at closing as trustee
Post-IPO Activities
- Unit separations: common stock and warrants
- Warrant exercises
- SPAC liquidation (if applicable)
- Investment of SPAC proceeds
Business Combination
Pre-business combination activities
- Proxy services– virtual meeting and vote tabulation
- Solicit shareholder approval
- Redemption agent services
- Exchange agent paying services
- PIPE issuance and statement distribution
- Escrow agent of PIPE proceeds
- Secure shareholder file of Target company
- Stock surveillance services
Post-business combination activities
- DTC position swing and new CUSIP
- Issuance of shares for NEWCO
- Escrow of holdbacks
Growth and management – NEWCO
- Ongoing transfer agent and warrant agent services
- End-to-end annual meeting services (virtual, hybrid, in person)
- Corporate governance consulting
- Stock surveillance services
- Proxy Solicitation services
- Warrant redemptions
- Equity plan administration
- Entity compliance services
- Registered agent services
- Section 16 reporting and filing services
- Board management tools
- Abandoned property services
