Are SPACs Right for Your Business? A Fireside Chat with SPAC Trailblazers DraftKings & Chardan Capital Markets
With 169 special purpose acquisition company (SPAC) initial public offerings (IPOs) and 102 SPAC mergers and counting this year, SPACs are hotter than ever. But are they right approach for your portfolio companies seeking capital?
During this 30-minute webinar, we’ll take a deep dive into one of this year’s biggest SPAC deals: DraftKings’ reverse merger with SBTech and Diamond Eagle Acquisition Corp.
Join us as we ask Jason Park, Chief Financial Officer of DraftKings and George Kaufman, Head of Investment Banking at Chardan Capital Markets, about the pros and cons of SPAC transactions.
Specifically, we’ll discuss:
How to evaluate whether a SPAC is the right capital raising vehicle for your portfolio company
Accounting considerations that can potentially derail valuation
Following the roundtable, we’ll have a 15-minute Q&A session with the panel.
Jason Park | DraftKings, Chief Financial Officer
George Kaufman | Chardan Capital Markets, Partner, Head of Investment Banking
Rob Trinchetto | BDO, Partner, Northeast Region ARAS Leader