Wednesday, June 4, 2008
Registration, Breakfast & Networking
8:00 – 9:00 AM
The State of the SPAC Market: A Statistical Overview
8:45 – 9:05 AM

This presentation dissects The SPAC Report's proprietary collection of data and explores the current trends driving this expanding market.
SPEAKER: BRETT GOETSCHIUS, Publisher, The SPAC Report
Transitioning Shareholders from IPO to Post-Acquisition
9:10 – 10:00 AM

Turning the initial arbitrage buyers in a SPAC over to fundamental investors is seen by many industry players as an essential element for long-term success. This panel discusses strategies and tactics that can be implemented to create a more dynamic investor base.
MODERATOR: DOUG ELLENOFF, Ellenoff Grossman & Schole
PANELISTS: CHRIS AUGUSTE, Kramer Levin; SANJAY ARORA, Terrapin Partners; PAUL LA ROSA, Maxim Group; FRANCIS E. WOLF, BNY Mellon Shareowner Services
Have SPACs 'Jumped the Shark?'
10:05 – 10:25 AM

New SPAC listings are slowing, deals are failing to pass muster with shareholders, and warrants prices indicate more acquisitions may flop. Has the SPAC market reached its pinnacle?
SPEAKER: PHIL GOLDSTEIN, Bulldog Investors
Networking Break
10:30 – 11:00 AM
Regulatory Implications for Foreign Private Issuers
11:00 – 11:50 AM

SPACs registering under the SEC's Foreign Private Issuer regulations have some distinct advantages to their domestic counterparts, including being under less scrutiny. The downside is that the status can be hard to maintain and can pose tax hurdles for investors. This panel explores the latest regulations for Foreign Private Issuers.
MODERATOR: MITCH NUSSBAUM, Loeb & Loeb
PANELISTS: KERRY PROPPER, Chardan Capital Markets; Panelists TBA
Navigating Conflicts of Interest at the time of the IPO & Business Combination
11:55 – 12:15 PM

This presentation explains how to properly set up a SPAC at the outset, and how to address conflicts of interest that may arise between the existing obligations of the sponsors and the new SPAC. It also addresses conflicts that exist in having the transaction negotiated and approved, how to effectively deal with the SEC's comments, and explores state law fiduciary duty issues.
SPEAKER: JOEL RUBINSTEIN, McDermott Will & Emery
Networking Luncheon
12:15 – 1:30 PM
Understanding the Listing Options: OTC, AIM, Amex, NYSE, Euronext, & NASDAQ
1:30 – 2:20 PM

The American Stock Exchange paved the way for SPAC listings on national exchanges. In recent months, both NASDAQ and the New York Stock Exchange gave the green light for blank checks to start listing. Overseas, Euronext Amsterdam opened its doors as AIM has cooled. This panel discusses the different listing options, and how these options can affect a SPAC's structure and success.
MODERATOR: RIDGE BARKER, Kelly Drye
PANELISTS: DARREN DESTEFANO, Cooley Goodward Kronish; ROBERT WOTCZAK, American Stock Exchange; BOB MCCOOEY, Nasdaq; DUCO WILDEBOER, Euronext
Positioning SPACs for a Shareholder Vote
2:25 – 2:45 PM

More SPACs are facing liquidation after failing to gain approval from shareholders. This presentation explores what steps to take to successfully position for a shareholder vote.
SPEAKER: JACK KANTROWITZ, DLA Piper
Networking Break
2:50 – 3:15 PM
Structuring Alternatives at the Front End
3:15 – 4:05 PM

SPACs are no longer one size fits all. Discover the newest innovations in structuring blank check companies and how the latest incarnations are being received by the market.
MODERATOR: STEVE SKOLNICK, Lowenstein Sandler
PANELISTS: JULIE ALLEN, Proskauer Rose; ROBERT FROME, Olshan Grundman; TED ROTH, Roth Capital Partners
Corporate Sponsored SPACs
4:10 – 5:00 PM

Corporate sponsored SPACs are an appealing acquisition vehicle for companies in light of the sluggish IPO market, but the structure is not foolproof. This panel examines why companies should be considering getting behind a SPAC in this market, and how to avoid the pitfalls that can be encountered.
MODERATOR: BARRY GROSSMAN, Ellenoff Grossman & Schole
PANELISTS: STEVE DOLL, Credit Suisse; SAM GANDHI, Sidley Austin; BRIAN MARGOLIS, WilmerHale; Additional Panelists TBA
Closing Remarks
5:00 PM
The SPAC Conference Cocktail Reception
5:15 – 6:45 PM


Thursday, June 5, 2008
Registration, Breakfast & Networking
8:00 – 9:00 AM
Opening Remarks
9:00 – 9:05 AM

SPEAKER: BRETT GOETSCHIUS, Publisher, The SPAC Report
The Do's and Don'ts of Searching for Targets: Tactics to Avoid Liquidation
9:10 – 10:00 AM

A SPAC deal, by nature, creates a unique set of circumstances compared to other M&A transactions. The shareholder approval process can hinder competitive negotiations in an auction and highly-valued industries can carry multiples too steep for the shareholders' liking. This panel discusses the importance of management's ability to negotiate a favorable deal.
MODERATOR: BRAD HOUSER, Akerman Senterfitt
PANELISTS: CHRIS CROFT, Houlihan Lokey; CHRIS GASTELU, UBS; STEVE KAPLAN, Ladenburg Thalmann & Co.; TINA PAPPAS, Morgan Joseph
The Proxy Process & the Special Meeting Under Pressure
10:05 – 10:55 AM

This panel discusses the difficulties involved in the final push to attain shareholder approval. Panelists will focus on preparing for the meeting, identification of current beneficial holders and tracing trades, proxy voting and hedge funds, buying out no-votes, changing votes at the last moment, drop-dead dates and SEC delays, finding new investors, postponing the meeting vs. adjourning and dealing with foreign shareholders.
MODERATOR: KEVIN KELLY, Morrow & Co.
PANELISTS: ALAN I. ANNEX, Greenberg Traurig; ELE KLEIN, Schulte Roth & Zabel; DAVID NUSSBAUM, EarlyBird Capital; GIL OTTENSOSER, Deutsche Bank; Additional Panelists TBA
Networking Break
11:00 – 11:25 AM
Management Considerations: Essential Sponsor Responsibilities
11:30 – 12:20 AM

The latest wave of SPACs include a number of provisions involving management commitment to the deal. This panel explores what's expected of the deal's sponsor in terms of both time and money.
MODERATOR: DAVID BORIS, Pali Capital
PANELISTS: JIM HAUSLEIN, Hauslein & Co.; DAVID S. HUNTINGTON, Paul, Weiss, Rifkind, Wharton & Garrison; KYLE KALINICH, Aon Risk Services; RICH MINOR, Marsh USA; Additional Panelists TBA
Different Trading Strategies: Units, Common Stock & Warrants
12:25 – 1:15 PM

SPACs have continued to find investors even in a tepid IPO market, but the tc downturn has changed the ways savvy hedge funds are playing these stocks. This panel explores how the measured life span of a SPAC can create an opportune time for investment.
PANELISTS: DAN CURRAN, Sydan; NEIL DANICS, SPAC Analytics; STEVEN SLAWSON, Titan Capital Management; Additional Panelists TBA
Closing Remarks
1:15 PM
Departing Lunch
1:20 PM

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