Which SPAC Sponsors Matter Most Right Now
In today’s SPAC market, experience matters more than ever.
James C. highlights the sponsors he’s watching and explains why repeat execution, investor trust, and deal-closing credibility separate leaders from noise.
For investors, sponsor history is no longer optional homework.
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The views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.
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.
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👉 Michael J. Blankenship - https://www.linkedin.com/in/mikeblankenship/
👉 ...
So, so who are some of the sponsors we should be, you know, watching?
yeah, I think Churchill's Churchill's the number one. Um, obviously with that gain, they have another one out there, CCIX. Those warrants are trading at a dollar, they were trading at 20 cents, uh, at the beginning of the year or in 2024. So Churchill's one, the Betsy Cohen SPACs always do well. Um, supernova Leg Gatos coming back.
I think Gig Eights got one out there. BTC Development Corp. And the reason why I really wanna look at these SPAC is it takes a lot, not only to go public in a spac, but then to find a target and then actually get that story out there. People, um, very excited in the story and to close the deal with the right investors.
Yeah, there may be other names out there of, of initial SPAC sponsors. But I like the experience of the people that have done 5, 6, 7, 8 SPACs to really keep an eye on. So for me it's Churchill, uh, Betsy Cohen, SPACs, the Canner SPACs, and certainly looking at all the S ones to see if some of the oldest SPAC names, uh, are coming back.
PM
I started my career on the NYSE in 1994. I became a member in 1998 and in 2001 was the WYETH Specialist at 29. I left the NYSE in 2007 because of the automation that was happening. From 2007-2011 I worked on the sell side at a few broker dealers. Since 2011 I've been a PM at a pod shop running my own portfolio consisting of all capital markets: SPACS, IPOS, Secondaries, Privates, PIPES, Warrants and Blocks. The past 4 years have been brutal for Capital Markets but there finally seems to be some light at the end of the tunnel.