IHC Webinar: How to Run a De-SPAC Transaction

Date/Time
Date(s) - 27 Apr 2022
10:30 am - 11:30 am

Categories

• In-House Webinar

Free to attend for In-House Counsel, Company Directors, Compliance Professionals.

Hong Kong CPD Points Applied for.

Webinar Date and time: Wednesday 27 April, 2022. 10:30am-11:30am Hong Kong time.

Register Here

How to Run a De-SPAC Transaction

Since Hong Kong’s SPAC regime became effective on 1 January 2022, 11 SPAC IPOs have been filed with the Stock Exchange of Hong Kong and more are expected to come. In addition, over 600 U.S. listed SPACs are still looking for targets with an increasing interest in high quality Asia-based companies. This, together with the new sweeping regulations proposed by the SEC on 30 March 2022 which may have a chilling effect on the US SPAC market, we predict that there will be more de-SPACs with Asia-based companies, while China-based targets may favor de-SPACs with Hong Kong listed SPACs.

At this webinar, Morrison & Foerster’s Partners Vivian Yiu, Ruomu Li, Marcia Ellis as well as Associate Yilong Luo will discuss what investors and companies need to know regarding de-SPAC involving US SPACs and HK SPACs.

The webinar will cover the following topics:

• De-SPAC vs. IPO
• De-SPAC: Key Steps/Illustrative Timeline
• Key Considerations for Targets of SPAC Acquirers
• Target’s Wish List for an Indicative Bid
• De-SPAC: Specific Considerations for Asia-Based Target Companies

Speakers:

Vivian Yiu, Partner, Hong Kong, Morrison & Foerster, VYiu@mofo.com Vivian has over 20 years of experience advising on a broad range of corporate transactions, including primary and secondary equity offerings in Hong Kong, pre-IPO investments, PIPEs, public and private M&A transactions and formation of JVs. Vivian recently advised on one of the first Hong Kong SPAC IPOs.

Ruomu Li, Partner, Shanghai, Morrison & Foerster, RLi@mofo.com Ruomu has 15 years of experience in M&A and PE/VC transactions. She is experienced in public and private mergers, privatization, stock and asset acquisitions, divestitures, spinoffs, JVs and minority investments. Ruomu recently advised on Silver Crest’s SPAC merger with Tim Hortons China, and on Grab’s US$39.6 billion SPAC merger.

Marcia Ellis, Global Chair of Private Equity Group, Morrison & Foerster, MEllis@mofo.com Having practiced in Asia for over two decades, Marcia is one of the most experienced PE/M&A lawyers active in the Asian market. In the past two years, she has advised on deals with aggregate value of over US$171 billion. Marcia recently led Silver Crest’s SPAC merger with Tim Hortons China.

Yilong Luo, Associate, Hong Kong, Morrison & Foerster, YLuo@mofo.com Yilong’s practice focuses on M&A, PE investments, as well as other general corporate matters. He has been experienced in working on M&A and de-SPAC transactions, including recently working on Silver Crest’s SPAC merger with Tim Hortons China.

Co-Hosted by Morrison & Foerster.

Register Here: https://us02web.zoom.us/webinar/register/2416484819856/WN_tBW6daC0TOuBJ9SHtJ5OzA