SPAC Creation & Consulting

 A special purpose acquisition company (“SPAC”) is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (“IPO”) for the purpose of acquiring an existing company, usually within a specific industry (“Business Combination”). SPACs are also known as “blank check companies.” 

SPACs are generally formed by investors, or sponsors, with expertise in a particular industry or business sector, with the intention of pursuing deals in that area. Combining the experience and expertise of its management team with the capital needed to acquire a company provide SPACs with the flexibility to target multiple investment opportunities.

The costs to implement a SPAC transaction typically are less than those associated with a traditional IPO. TriPoint has created a process that allows the Company to begin the underwriting process at a reduced amount of upfront cash and to file in a confidential manner to allow the Company to gauge the market in stealth mode and emerge at the ideal time for the best market condition outcome. 

We have relationships with the top SPAC underwriters and are able to negotiate better terms (less commissions) with less upfront expenses. There are 100s of SPACs coming to market and investors are now becoming more selective with deployment of capital and SPAC sponsors need a competitive edge other than a strong management team.

TriPoint can help you create a SPAC and get the attention from Wall Street it deserves.