Investor Engagement (The I in the SPECIAL Series)

Welcome back to The SPAC Podcast. We’re nearly through our walk through the SPECIAL stages of a SPAC.

We’ve already covered:
S: Sponsor Setup
P: Public Raise
E: Evaluate Targets
C: Combination Planning

Today, we focus on I: Investor Engagement.

The SPAC team now prepares to bring the deal to market. This begins with “wall crossing” select institutional investors to preview the opportunity, followed by PIPE negotiations and an investor presentation.

At this stage, the SPAC also files a proxy or registration statement and may launch a formal roadshow. Investor communication becomes front and center — and transparency, clarity, and confidence are critical.

This is the make-or-break moment to build support for the transaction.