Delaware or Cayman? What SPAC Sponsors Need to Know
In this episode of The SPAC Podcast, co-hosts Michael Blankenship and Joshua Wilson are joined by Cayman-based attorney Alexandra Low to explore a key decision every SPAC sponsor must make: Where should the SPAC be incorporated—Delaware or Cayman?
Alexandra draws from years of experience leading SPAC transactions in both jurisdictions, offering a grounded perspective on why many sponsors favor the Cayman Islands for its tax neutrality, fast turnaround for incorporation, and minimized exposure to litigation risk. She also discusses when Delaware may still be preferred, particularly for U.S.-centric sponsors seeking a business-friendly legal environment.
This conversation provides a practical overview of what legal teams and sponsors must consider when structuring a SPAC from the ground up.
🎙 Guest: Alexandra Low
• Guest Profile: https://www.linkedin.com/in/alexandra-low-676358292/
• Appleby Bio: www.applebyglobal.com/people/alexandra-low
📢 Hosted by:
• Michael Blankenship — www.linkedin.com/in/mikeblankenship
• Joshua Wilson — www.linkedin.com/in/joshuabrucewilson
Watch more episodes and explore featured guests at: www.thespacpodcast.com
#SPACs #CaymanIslands #DelawareIncorporation #CapitalMarkets #SPACSponsors #InvestorEducation #CorporateLaw
Disclaimer:
Michael J. Blankenship is a licensed attorney and is a partner at Winston & Strawn LLP. Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The content of this podcast is intended for informational and educational purposes only and should not be interpreted as legal, financial, or compliance advice. The views and opinions expressed by the hosts and guests are their own and do not necessarily reflect the official policies or positions of any regulatory agency, law firm, employer, or organization.
Listeners are encouraged to consult their own legal counsel, compliance professionals, or financial advisors to ensure adherence to applicable laws and regulations, including those enforced by the SEC, FINRA, and other regulatory bodies. This podcast does not constitute a solicitation, offer, or recommendation of any financial products, securities transactions, or legal services.
Let’s Connect on LinkedIn:
👉 Michael J. Blankenship - https://www.linkedin.com/in/mikeblankenship/
👉 Joshua Bruce Wilson - https://www.linkedin.com/in/joshuabrucewilson/
To Contact Us or Collaborate:
Alexandra Low
Attorney
Ali is Counsel in the Capital Markets and Corporate team of the firm’s Cayman Islands office.
Ali leads the SPAC team in Cayman and has significant offshore experience in both debt and equity capital market transactions including IPOs (traditional and SPAC), and business combination transactions, and has acted for leading U.S. investment managers, hedge funds, financial services companies, credit and infrastructure managers.
Ali acts for both public and private companies, sponsors, investment funds and asset managers. She advises clients on mergers and acquisitions (public and private), capital markets transactions, private equity, venture capital, and banking and finance, across all sectors.
Prior to joining Appleby, Ali worked for a leading offshore firm in their corporate group for three years, and was a corporate associate specializing in capital markets, mergers and acquisitions and private equity transactions at Goodmans LLP (Toronto office) and Stikeman Elliott LLP (Toronto, Calgary and U.K. offices), as well as having worked in banking and policy for Scotiabank (Toronto) and the Business Council of Canada (Ottawa).
University of Toronto Law School (Business Law, Dean's List, Hons)
University of London (LLB, First)
London School of Political Science (First)
Queen’s University (Political Economy, Hons, Dean’s List)
Chartered Professional Accountants of Canada (In-depth Tax Course)