Looking to expand your business’s reach and financial standing in the RCEP region and beyond? OBORSEA is a leading provider of financial and funding services with a global reputation for excellence in trade and investment. Our vast network of connections across 16 nations allows us to facilitate cross-border business and investment opportunities for our clients.
As a preferred choice for international corporations seeking expertise in trade, investment, mergers and acquisitions, buy-outs, and capital raising, we are committed to providing personalized solutions that help our clients achieve their unique business objectives.
Partnering with NM Group, a highly regarded SPAC advisory firm with over a century of experience, and Wezmart International Bhd, a professional partner specializing in digital compliance solutions, we offer a comprehensive approach to business success. Together, we work with companies to build a robust Capital Markets strategy, enhance their financial presence, and position them for long-term growth.
Trust OBORSEA and our partners to be your trusted advisors on the path to financial greatness. Contact us today to take the first step towards achieving your business goals.
YOUR TRUSTED PARTNER IN SPAC LISTING ADVISORY
As a global player in trade and investment, we have established ourselves as a leading force in the industry. With extensive connections and a strong presence in 16 nations, we are well-equipped to facilitate trade and investment opportunities across borders.
Additionally, our presence in these 16 nations makes the process of de-SPAC easier for our clients, as we are able to provide valuable insights and connections to help them navigate this complex process.
Our Partners
Our US associate NM is the top SPAC Advisory firm in the SPAC industry, with a proven track record of successfully listing an unparalleled number of clients on the NASDAQ and NYSE. As the leading expert in SPAC listings, NM has the experience and knowledge needed to guide clients through the process and achieve their goals.
With a commitment to excellence and a dedication to their clients, NM stands out as the clear choice for anyone looking to go public on the NASDAQ and NYSE through a SPAC.
Nelson Mullins is a premier SPAC advisory firm that specializes in advising on SPAC listings, mergers and acquisitions, capital raising, and other corporate finance matters.
Nelson Mullins is committed to guiding clients through every stage of the SPAC process and helping them achieve their unique business objectives.
Our Malaysian partner Wezmart is at the forefront of the SPAC industry, utilizing cutting-edge A-RegTech solutions to provide precise evaluations and comprehensive data compilation for successful SPAC registration.
By leveraging the latest technology, Wezmart sets the standard for accuracy and efficiency in the SPAC registration process. Having an associate like Wezmart means choosing a trusted, innovative leader in the SPAC industry, dedicated to delivering the best possible results for clients.
Wezmart International Berhad is a leading provider of Corporate Advisory and A-RegTech solutions.
The company specializes in developing cutting-edge digital technologies to support its subsidiaries and clients in the areas of Company Secretarial, Intellectual Property, HR, Accounting Shared Services and Finance Advisory Services.
Our Services
- SPACs
- Initial Public Offerings
- General Corporate Advisory
- Balance Sheet & Corporate Restructuring
- Accounting Shared Services
- Corporate Tax & Compliance
- HR & Payroll Services
- Strategic Business Solutions
- Intellectual Property Protection
- Legal Compliance Services
- Venture Capital
- Private Equity
What We Do
We offer a comprehensive range of services to Special Purpose Acquisition Companies (SPACs), such as valuations for financial reporting and tax purposes, including business combinations and warrant valuations.
Our Team of Experts also provide valuations of interests in SPACs, like founders’ interests, PIPES, and restricted shares. The team also delivers fairness opinions, due diligence on reputational, buy- and sell-side, contracts and privacy compliance reviews, corporate compliance risk and governance, conflict disclosures, and fiduciary obligations analyses.
In short, we provide a one-stop platform for all the needs of SPACs, ensuring they are in compliance with regulations and have a solid governance structure in place.
On our platform, we understand the importance of conducting fair and impartial business transactions. That’s why we offer our expertise in providing Fairness Opinions to the Board of Directors of Special Purpose Acquisition Companies (SPACs) for de-SPAC transactions.
A Fairness Opinion is an objective evaluation of the financial terms and conditions of a proposed transaction. Our team of experts analyze a variety of factors such as market conditions, comparable transactions, and financial projections to determine whether the proposed transaction is fair and reasonable for all parties involved.
If you’re looking for comprehensive transaction advisory services, our platform has got you covered. We specialize in financial due diligence on de-SPAC targets, as well as buy-side and sell-side due diligence on the target acquisition company and SPAC sponsors/founders, respectively.
Our expert team conducts an audit and analysis of the financial projections of the SPAC target to ensure that they are reasonable and accurate. We understand the importance of thorough financial analysis in making informed business decisions. That’s why our team is dedicated to providing you with a clear and detailed report that highlights the strengths and weaknesses of the target acquisition company and SPAC sponsors/founders.
We specialize in warrant valuations for financial reporting, valuations of targets for initial business combinations to meet regulatory or exchange requirements, and valuations for business combinations/purchase price allocation for financial reporting purposes. Additionally, we provide valuations of interests in SPACs, including Founders’ interests, PIPES, and restricted shares.
Our team understands the complexities of SPAC valuations and is committed to providing you with accurate and reliable information. We utilize the latest valuation techniques and methodologies to ensure that our valuations are comprehensive and well-supported.
In addition to our core services, we also provide tax valuations and transfer pricing services. We understand the importance of compliance and will work with you to ensure that your SPAC transactions are conducted in accordance with regulatory and tax requirements.
When it comes to governance, risk, and compliance, you need a team that you can trust. Our platform specializes in assisting Special Purpose Acquisition Companies (SPACs) with identifying and mitigating risks in legal agreements. We thoroughly review contract clauses to ensure that they are in compliance with regulatory requirements and that they mitigate potential risks.
Our team of experts also assesses security and privacy compliance, analyzes sponsor incentives, conflict of interest disclosures, and sponsor fiduciary obligations to the SPAC and to other clients. We understand the importance of ensuring that all parties involved in the transaction are acting in good faith and are committed to providing you with a clear and unbiased assessment.
We review controls surrounding the receipt of material non-public information, evaluate the SPAC’s corporate governance and reporting, and conduct pre- and post-transaction financial due diligence. We assess fraud risk of internal controls to determine the appropriate policies and procedures, and provide investigative support resulting from identified internal malfeasance.
We take a proactive approach to governance, risk, and compliance. We work with you to identify potential risks and develop strategies to mitigate them.
What is SPAC?
A SPAC, or Special Purpose Acquisition Company, is a type of publicly traded investment vehicle that raises capital through an initial public offering (IPO) with the purpose of using the funds to acquire an existing private company and take it public. SPACs have gained popularity in recent years as a way for private companies to go public quickly and with less regulatory scrutiny than a traditional IPO. SPACs typically have a two-year deadline to acquire a target company or return the funds to investors, and investors can choose to redeem their shares if they do not approve of the proposed acquisition.
The Special Purpose Acquisition Company (SPAC) market has been on an upward trend in 2021, with a total of 613 initial public offerings (IPOs) raising over $163 billion in gross proceeds. The market is expected to maintain this momentum in 2022, with close to 200 de-SPAC transactions completed and an additional 267 announced. However, as the popularity of SPACs grows, regulatory oversight and scrutiny of this investment vehicle is expected to increase.
It is crucial for SPAC executives and sponsors to ensure compliance with reporting requirements and implement robust governance policies to withstand potential scrutiny and litigation.
Why SPAC?
The use of Special Purpose Acquisition Companies (SPACs) has emerged as a preferred method for experienced management teams and sponsors to take companies public. By raising capital through an Initial Public Offering (IPO), a SPAC can acquire an existing operating company, which then becomes publicly traded without executing its own IPO.
The SPAC route offers numerous benefits over a traditional IPO, such as improved access to capital, even in volatile market conditions, and the potential for lower transaction fees and accelerated public listing timelines.
However, merging with a SPAC also presents certain challenges, including the requirement to meet accelerated public company readiness standards and navigate complex accounting and reporting regulations that may vary based on the SPAC’s lifecycle. The target company’s management team must be prepared to operate as a public company within three to five months of the letter of intent being signed.
This overview focuses on the reasons behind the growing popularity of SPACs, recent trends, and the advantages and challenges of this approach to becoming a publicly traded company.
Speed and Simplicity
SPAC listings can offer a faster and more straightforward process for companies to go public compared to a traditional initial public offering (IPO).
Access to Capital
SPACs provide a way for private companies to access capital markets and raise funds for growth and expansion.
Increased Liquidity
Listing on the NASDAQ provides companies with increased liquidity, which can be beneficial for shareholders.
Enhanced Visibility
A NASDAQ listing can increase a company’s visibility, credibility, and brand recognition, potentially attracting more investors and customers.
Experienced Sponsors
SPACs are often sponsored by experienced investors, who can bring valuable expertise and connections to the table.
Lower Costs
The cost of going public through a SPAC listing can be lower compared to a traditional IPO, as many of the expenses associated with an IPO are eliminated.
DON’T WAIT-
Contact us today to discover how we can help you succeed with your SPAC listing.
Now is the time to take action and work with an experienced advisor who can guide you through the process.
As a leader in SPAC listing advisory services, we have the expertise and connections needed to help you navigate this complex process and achieve your goals.
Our team of experts can provide you with valuable insights and guidance, helping you to identify the best path forward and make informed decisions every step of the way