SPAC and De-SPAC Transaction Solutions

DFIN's end-to-end SPAC transaction solutions assist companies through the entire process, from launching a SPAC to finalizing the De-SPAC process by merging with a private company. Accelerate your speed-to-success with the powerful, financial ecosystem your team needs to collaborate in real time, avoid regulatory risk, raise capital, and go public faster.

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SPAC Stages SPAC IPOs De-SPACs Why DFIN? Insights
SPAC/DE-Spac Platform

Experience the ease of working with the proven partner to execute your SPAC with confidence

Work the way you want. Discover flexible options and on-demand expertise to minimize risk and reduce overhead at every turn of the transaction. DFIN gives you comprehensive SPAC transaction lifecycle support, with access to experienced professionals, flexibility to meet deal-specific demands and workflow enhancements through our proprietary platforms and global help capabilities. Our SPAC services come together to ensure deals get done faster, with more precision and with fewer compliance concerns. 

See DFIN's SPAC to De-SPAC Platform Solution.

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  • Stage 2
  • Stage 3
  • Stage 4

SPAC Formation: Power More Efficient Workflows

As you begin your IPO journey, effortlessly benchmark against peer disclosures, while easily-raising capital via secure, streamlined workflows, on-demand analytics, and 24/7/365 expert support.

EDGAR Pro

Leverage the SEC filing data you need to help you make informed decisions.

Virtual Data Room
to show IPO readiness

Quickly and easily set up your virtual data room. Securely organize, share, distribute, and safeguard documents to maximize fundraising.

Execute the IPO

Leverage our purpose-built SEC reporting platform to drive collaboration and speed across all stakeholders — legal, finance and third-party advisors. Draft, review and finalize your IPO documents to successfully list and kick off your road show.

SEC Reporting Platform

Harness the robust set of streamlined features for quick, real-time collaboration and accurate financial reporting to prepare for your IPO and beyond. Backed by the unparalleled support of DFIN experts, your business will be ready to operate as a public company, including efficiently submitting regular SEC filings.

Execute the IPO

Rely on our industry-leading experts to provide one-on-one support to accelerate the transaction. We handle the details so you can focus on the future.

File16

Allows you to easily prepare and submit your Section 16 filings, Forms 3, 4, and 5.

Identify SPAC Targets & Raise Additional Financing

Conduct a target search and pursue acquisition opportunities. Perform due diligence, commence negotiation, draft agreements, and access additional (PIPE) capital.

Virtual Data Room +
AI-Driven Due Diligence

Built-in AI contract review lets you analyze 50 files in less than a minute, significantly speeding up the due diligence process. Streamline capital raising and stay ahead of deal making with real-time insights on potential investors.

File the Proxy

Our proxy advisors help you solicit shareholder approval to seal the deal.

Navigate the De-SPAC Transaction & Become a New Operating Entity

Merge your SPAC with a private or public company carve-out while delivering value to your investors.

Complete the Merger

Simplify your transaction. DFIN’s dedicated specialists assist with every aspect — from providing artificial intelligence used during the diligence process, delivering regulatory expertise and managing the documents to EDGARizing, SEC filing and post-merger integration tools.

Become a New Operating Entity

DFIN’s SPAC reporting solutions & expert support helps you stay ahead of SEC reporting requirements.

Let’s talk about your
next SPAC Deal

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These companies relied on DFIN to seamlessly navigate and deliver results at every stage of the SPAC process.

SPAC IPO
$4B

Largest SPAC ever raised! The SPAC was formed by Bill Ackman of Pershing Square targeting “Mature Unicorns.” It raised $4 billion in its IPO by offering 200 million units at $20 each in 2020. Listed on the NYSE under ticker PSTH.

SPAC
SPAC IPO
$900M

Raised $900 million by offering 90 million shares at $10 each in 2021. The SPAC was formed by PE firm Thoma Bravo targeting a software business. Listed on the NYSE under ticker TBA.

SPAC
SPAC IPO
$870M

Raised $870 million by offering 87 million units at $10 each in 2021. The SPAC was formed by Ares Management targeting a sustainable business. Listed on the NYSE under ticker AAC’U.

SPAC
SPAC IPO
$300M

Sixth blank check company formed by The Gores Group raised $300 million by offering 30 million units at $10 each in 2020. Listed on the Nasdaq under ticker GHVI.

SPAC
SPAC IPO
$240M

Beijing-based SPAC formed by CITIC Capital raised $240 million by offering an upsized 24 million units at $10 each in 2020. The SPAC is targeting energy efficiency and technology businesses in China. Listed on the NYSE under ticker CCAC.

SPAC
SPAC IPO
$700M

Second blank check company formed by Goldman Sachs, raised $700 million by offering 70 million units at $10 each in 2020. Listed on the NYSE under ticker GSAH.

SPAC
SPAC IPO
$600M

Formed by Starwood Capital founder Barry Sternlicht, raised $600 million by offering 60 million units at $10 each in 2020. Listed on the NYSE under ticker JWS.

SPAC
SPAC IPO
$312M

The fourth blank check company led by semiconductor veteran Avi Katz, raised $312 million by offering 31.2 million units at $10 each in 2021. The SPAC plans to target businesses in the TMT and sustainable industries with enterprise values larger than $750 million. Listed on the Nasdaq under ticker GIGG.

SPAC
SPAC IPO
$350M

Formed by UK-based PE firm Investindustrial, raised $350 million by offering 35 million units at $10 each in 2020. The SPAC is targeting the consumer, healthcare, industrial, and tech sectors. Listed on the NYSE under ticker IIAC.

SPAC

Business Combinations Serviced by DFIN

Eliminate vendor management headaches by partnering with the leader for the De-SPACing process.

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ARYA Sciences & Cerevel Therapeutics

ARYA Sciences Acquisition II sponsored by Perceptive Advisors was acquired by Bain Capital-backed Cerevel Therapeutics in a reverse merger with an enterprise value of $847 million. The Boston, MA-based company dedicated to treating neuroscience diseases is trading on the Nasdaq under ticker CERE.

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Fortress Value Acquisition & MP Materials

Fortress Value Acquisition sponsored by Fortress Investment Group was acquired by MP Materials in a reverse merger with an enterprise value of $1 billion. The Las Vegas, NV-backed owner and operator of Mountain Pass is trading on NYSE under ticker MP.

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Gores Metropolus & Luminar Technologies

Gores Metropoulos sponsored by The Gores Group was acquired by Luminar Technologiesin a reverse merger with an enterprise value $2.9 billion. The Orlando, FL-based autonomous vehicle sensor and software company is trading on the Nasdaq under ticker LAZR.

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Gores Holdings IV & United Wholesale Mortgage

Gores Holdings IV sponsored by The Gores Group combined with United Wholesale Mortgage in a reverse merger that valued it at $16.1 billion. This is the largest de-SPAC transaction to date. The Pontiac, MI-based wholesale mortgage lender started trading on the Nasdaq in 2021 under ticker UWMC.

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Conyers Park II & Advantage

Conyers Park II Acquisition was acquired by Leonard Green & Partners and CVC-Capital backed Advantage Solutions in a reverse merger with an enterprise value of $5.2 billion. The Irvine, CA-based provider of outsourced sales and marketing services to consumer goods manufacturers and retailers is trading on the Nasdaq under ticker ADV.

Get the streamlined efficiency of partnering with one provider.

Gain the freedom to focus on what you love: driving growth. 

When you work with DFIN, you get:

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Leading-edge software solutions and analytics for every stage of the deal.

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A dedicated project manager and service team.

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Experts to give guidance on pre-and post-IPO activities.

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Domain experts including EDGAR and iXBRL — ready to help 24/7/365.

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DFIN provides the latest technology, insightful data and industry expertise to clients throughout the world. We’re an industry leader in SPAC consulting insights, leadership and guidance.

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Continue building your perfect tech stack

Virtual Data Room

Safeguard and share your most sensitive documents with all your shareholders. Easy-to-use, secure software includes privacy scans, contract analytics and multi-file redaction.

Safeguard and share your most sensitive documents with all your shareholders. Easy-to-use, secure software includes privacy scans, contract analytics and multi-file redaction.

Learn more

IPO

Accelerate your IPO process with leading-edge technology-based software and expertise. Successfully navigate deal execution intricacies, maximize value and prepare for life as a public company.

Accelerate your IPO process with leading-edge technology-based software and expertise. Successfully navigate deal execution intricacies, maximize value and prepare for life as a public company.

Learn more

Financial Reporting

Take the complexities out of regulatory reporting. Seamless integration, simple onboarding, Microsoft Office compatibility and all the tools you need for fast, secure filings.

Take the complexities out of regulatory reporting. Seamless integration, simple onboarding, Microsoft Office compatibility and all the tools you need for fast, secure filings.

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Blogs

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Five SEC Rules to Watch in 2024 - Card
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Guides, Reports & White Papers

Driving Fundraising Readiness – A Practical Guide by Experienced Investors

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Guides, Reports & White Papers

DFIN's IPO & Public Listing Report - Q3 2023 Edition

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Blogs

Listing in America. Why More European Companies May List in the U.S.

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Listing in America - Social
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Case Studies & Fact Sheets

Double-Digit Increases in Sales Metrics

April 16, 2023 | Craig Clay

Double-Digit Increases in Sales Metrics - Social
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Videos

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April 16, 2023 | Craig Clay

Force Management Command Center - Social
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DFIN's Digital Transformation and How Force Management Platform Assists with Sales

April 13, 2023 | Craig Clay

Digital Transformation and how Force Management Platform Assists with Sales - Social
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Blogs

Breaking Down Hong Kong’s New Specialist Technology Company Listing Rules

March 27, 2023 | David Birch

Breaking Down Hong Kong’s - Card
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Guides, Reports & White Papers

DFIN's IPO & Public Listing Report - Q4 2022 Edition

January 04, 2023

Explore the latest IPO & Public Listing Report Card
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Guides, Reports & White Papers

How to Take a Company Public

October 25, 2022

How To Take A Company Public Card
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Articles

Luke Marshall Quoted in "Does The SPAC Have a Future in Biopharma?"

August 25, 2022 | Luke Marshall

Luke Marshall Quoted in "Does The SPAC Have a Future in Biopharma?"
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Videos

DFIN Road to Transformation with Dan Leib, DFIN’s President and CEO

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DFIN Road to Transformation with Dan Leib, DFIN’s President and CEO
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