Special Purpose Acquisition Companies (SPACs) Virtual Conference: Financial Reporting & SEC Filing

Topic Photo

(Note: Year-Long Passes do not apply to this course.)

Special Purpose Acquisition Companies (SPACs) Virtual Conference: Financial Reporting & SEC Filing

CPE Credit: 8 Hours

Price: $499.00

NASBA Field of Study: Accounting

 

Overview

SPACs are the hottest investment topic right now. Designed as an alternative to traditional IPOs, SPACs offer a quick and easy way to raise capital to acquire—and go public with—an existing private company.

In this in-depth Virtual Conference, our experts will discuss the pros and cons of SPACs, including potential legal and accounting issues, the short life and long-term outlook of a SPAC, financial reporting and SEC filings, identifying and acquiring a target company, and how they’ve grown in popularity since the pandemic.
 

AGENDA HIGHLIGHTS

•  Capital Market Trends

•  Anatomy of a SPAC

•  Financial Accounting & SEC Reporting

•  Identifying an Acquisition, including Due Diligence & Valuation

•  Acquisition Agreement & Market Communication

•  Operating as a Public Company

 

LEARNING OBJECTIVE  To provide an overview of Special Purpose Acquisition Companies and an in-depth explanation of financial
reporting and SEC filing requirements.

PREREQUISITE  None.    ADVANCE PREPARATION  None.    PROGRAM LEVEL  Update.    NASBA FIELD OF STUDY  Accounting.
DELIVERY METHOD  Group Internet-Based.

Agenda

CONFERENCE AGENDA


Welcome & Opening Remarks
8:45 – 9:00 AM

Capital Market Trends
9:00
 – 9:45 AM
SPACs have become increasingly popular in recent years. These “blank check companies” provide an alternative to the traditional IPO process, allowing investors to raise capital for the purchase of an existing private company before going public with it. This session will cover:
• Reviewing Capital Sources
Definition of a SPAC & Recent Popularity
• Comparing IPOs v. Direct Listings vs. SPACs

Break
9:45 – 9:50 AM

Anatomy of a SPAC
9:50
 – 11:05 AM
In general, a SPAC has a shelf life of two years. This session will explore key legal and accounting issues that must be addressed when establishing and operating a SPAC, including:
Structuring Deals
Financing
The Role of Sponsors
Explanation of PIPE
Timeline of a SPAC
Tax Considerations

Break
11:05 – 11:10 AM

Financial Accounting & SEC Reporting 
11:10 AM – 12:10 PM
The popularity of SPACs has not gone unnoticed by the SEC. A panel of financial accounting and legal experts will provide you with an in-depth explanation of:
Financial Reporting Requirements
Preparing Pro Formas
Filing Requirements with the SEC
Preparing Registration Statements
Walkthrough of a Registration Statement
Accounting for Reverse Merger
Preparing the MD&A
Special Disclosures

Lunch
12:10 – 12:55 PM

Financial Accounting & SEC Reporting (continued)
12:55 – 1:55 PM

Break
1:55 – 2:00 PM

Identifying an Acquisition
2:00 – 2:50 PM
Finding the right target company is the goal of any SPAC. In this session, our panel of experts will advise you on what to look for when acquiring a private company, and delve into:
Due Diligence Requirements
Letter of Intent Process
Acquisition Agreement
Arrangements with Underwriters & Market Communication
Valuation Issues
Contracts & Closing the Deal

Break
2:50 – 2:55 PM

Operating as a Public Company
2:55 – 4:30 PM
Public companies often risk regulatory scrutiny, not to mention severe penalties. Avoid trouble by following the rules and regulations for:
Reporting Requirements as a Public Company 
Audit Requirements
Corporate Governance
Internal Controls over Financial Reporting Considerations
SOX 404 Compliance

Break
4:30 – 4:35 PM

Closing Comments
4:35 – 4:45 PM

Conference Ends
4:45 PM

Speakers

Evan D'Amico, Corporate Partner, Gibson, Dunn & Crutcher LLP

Mark Boheim, Director, Business Perfomance Improvement, Protiviti

Don Duffy, President, ICR Capital

Tim Kviz, National Assurance Managing Partner, SEC Services, BDO

Adeel Rouf, SPAC Sponsor, Investment Professional, Altitude Acquisition Corp.

Rodrigo Surcan, Associate, Gibson, Dunn & Crutcher LLP

Charles Soranno, Managing Director, Protiviti

Sean Wheeler, Partner, Kirkland & Ellis LLP

Workshop

No results found.

Forum

No results found.