Wednesday, December 7 Day 1
December 7, 2022
Registration & Breakfast
Presentation
State of The Market
- SPAC deal flow in 2021-2022
- An overview of blank-check growth in Europe
- Discussion of the hot sectors for doing deals
Presentation
SPACs: A Look Forward
- The next stage for blank-check companies
- Understanding potential hurdles, regulatory and otherwise
- Finding opportunity across Europe
Networking Break
Panel
Counseling Private Companies Considering a SPAC in Turbulent Times
- What advisors tell private companies considering SPACs in the current environment
- Navigating the challenging issues of the day (and what to watch out for)
- How the markets and other forces are influencing company behavior
Keynote Presentation
What Higher Interest Rates Will Mean for the Primary Markets
- Implications of rapidly rising interest rates on economic policy
- What the end of low-interest rates will mean for new equity issuance worldwide
- Why volatile interest rates will pose not only more risk, but more opportunities
- Will the new interest rate environment be a boon or hindrance to alternative finance strategies
- Using big data to chart leading indicators and make sense of an increasingly complex world
- Negative yields are persisting despite higher nominal rates - why is this?
Lunch
Panel
Cross-Border SPAC Activity
- Why EMEA / APAC sponsors are registering SPACs to go public in the US
- Non-US companies choosing to align with US SPACs
- Navigating the rules and regulations of cross-border transactions
Panel
Regulatory and Market Drivers and Consequent Expectations for SPACs in Europe
- What does the tumultuous market for SPACs in the U.S. say about where things are heading in Europe?
- What trends will cross the Atlantic? What are the differences?
- What should we expect for Europe-listed SPACs and How Do We Avoid the Downside?
Networking Break
Fireside
Are There Benefits to an Overseas SPAC Listing Due to SEC Scrutiny Stateside?
- What the SEC actually proposes
- No excise tax on European SPAC stock repurchases
- Less competition – for now – is advantageous
- European SPAC deals becoming larger and more lucrative
- A caveat: European de-SPAC mergers and standard IPOs differ little from a regulatory standpoint
Presentation
Deal Protections to Ensure Closing & Cash Certainty in De-SPAC Transactions
- Bridging the cash gap amid a tightening PIPE market
- Limiting redemptions in a bearish SPAC market
- Managing market volatility between signing and closing
- Closing conditions and termination rights
Presentation
The SPAC Conference Wrap Up: What We Learned and a Look Ahead
- Structural considerations for a successful IPO
- Regulatory scrutiny and proposed litigation
- SPAC liquidations
- Looking ahead to 2023 and beyond
Closing Remarks
Cocktail Reception (Sponsored by Toppan Merrill)
Thursday, December 8 Day 2
December 8, 2022
Breakfast
Presentation
SPAC Risk Management and Insurance
- Potential risks, historical perspectives and emerging trends
- Discussing Nuanced Insurance for SPAC transactions
- Managing and optimizing current market conditions
Round Table
Plumbing the PIPEs: SPACs and Private Equity
- Why raising private equity is a critical component in closing deals
- Understanding the growing trend towards creating a backstop against redemptions
- Identifying reliable capital sources
Networking Break
Presentation
A Look At The Rapid Growth of SPACs in Italy
- A discussion of SPAC underwriters and SPAC investors in Italy
- Key players on the Italian Market
- Why SPACs are a viable tool to take public mid size companies in Italy and other EU countries
- Innovations to fuel the next generation of Italian SPACs
Fireside
SPACs – The Opportunity for London
- General Overview of European SPAC Market
- Types of Target Suitable for De-SPAC
- Brief History of London SPAC and Latest IPOs
- Structural Overview of London SPAC
- What’s in store for next 12-18 months
Presentation
Nasdaq: How Requirements are Evolving with SPACs
- Requirements for entry on the Nasdaq Market
- How you can prepare for fast-changing regulations governing SPACs
- Getting up to speed on the current and proposed listing rules
Lunch
Fireside
Advising SPACs & Targets
- Best practices for business combinations
- SPAC extensions & shareholder meetings
- SPAC liquidations
Networking Break
Presentation
Understanding the Agency Problem Between SPAC Investors and SPAC Sponsors Inherent in Standard Contractual Arrangements
- Understanding misalignment in the incentives of sponsors and SPAC shareholders
- Assessing the potential for costly agency problems
- Why some sponsors might pursue any deal rather than liquidate
- Fostering good communication between sponsors and shareholders to avoid litigation
Presentation
Listing Options: London or Amsterdam?
- A perspective on which listing venue is the preferable market for a new European SPAC
- Amsterdam advantages (and drawbacks)
- The London edge (and disadvantages)
Closing Remarks