特殊目的收购公司(SPAC)

Marcum has represented issuers and worked with underwriters and targets of special purpose acquisition companies (SPACs). We have wide-ranging experience in both initial public offerings (IPOs) and subsequent business combinations entered into by such companies. This experience gives us a thorough understanding of the intricacies of the SPAC process.

马肯会计师事务所是中国审计行业的顶尖会计师事务所之一.
Marcum has a dedicated SPAC service group comprised of professionals in Marcum offices across the country.
Marcum has been one of the top auditors in the specialized SPAC IPO market since 2015, 2015年至2021年期间审计了超过250宗SPAC IPO交易.

网上买彩票平台 PCAOB报告

Download Report

网上买彩票平台同行评审报告

Download Report

2020年最大的ipo由marcum审计

Raising 是去年所有ipo中数量最多的 $4 billion, it was also the 这是太空投资公司有史以来最大的IPO 根据审计分析.

2020年顶级审计公司之一

Marcum代表 在SPAC的248家IPO发行者中，有92家在2020年上市包括史上规模最大的IPO——该公司募集的资金超过 $31.830亿美元中的50亿 由这些事务产生的总数.

SPAC事务的三个阶段中的每个阶段的网上买彩票平台

1. IPO Phase
2. Search Phase
3. De-SPAC Phase

注册实体成立.
方正股份已发行.
包括综合说明在内的财务报表是由管理层编制的.
A substantially complete Registration Statement (including financial statements) is delivered to auditors.
Auditor completes the audit under PCAOB (“Public Company Accounting Oversight Board”) standards, 审查登记声明, and authorize confidential submission of draft registration statement (DRSA) with the SEC.
SEC初步审查期开始(一般为30天).
审计师协助回应SEC的评论.
Auditor reviews updated registration statements and authorizes confidential submission with the SEC.
证交会的评论被澄清.
已宣布生效的注册声明.
承销协议执行.
审计师向承销商发出慰问信.
SPAC开始交易.
审核员在结案前立即寄出慰问信.
Trading closes.
Auditor completes post-closing balance sheet audit and issues opinion to be included in a current report on Form 8-K, 在4天内存档.

SPAC is now subject to the reporting requirements of the Securities Exchange Act of 1934 and must file 10-Ks and 10-Qs with the SEC.
Auditor is required to review each 10-Q, audit the 10-K, and authorize filing with the SEC.
审计人员也经常为事务网上买彩票平台而工作, 包括针对SPAC目标的尽职调查和/或收益质量网上买彩票平台.
Auditor may be consulted on structuring matters and financial statement requirements to execute transactions.

太平洋航空公司已经与一个目标公司签署了最终协议.
准备代理语句:
- 经审计的财务报表.
- 未经审计的中期财务报表.
- 未经审计的合并形式财务报表.
审计师审核委托书并授权向SEC备案.
如果目标的审核员与SPAC审核员不同, 两家审计公司将审查委托书并授权提交.
SEC的评论和回应程序开始.
评论了.
委托书已寄出.
对交易进行投票.
交易关闭.
Following the close of the transaction SPAC auditor may be required to reissue audit report in connection with various filings with the SEC

PCAOB Audit Vs. GAAS Audit

GAAS审计-在公认的审计标准下进行.
GAAS audit focuses more on “what” the numbers are and a PCAOB audit additionally focuses on “why” and “how” the numbers got there.
在PCAOB标准下，审计师的独立性规则要严格得多.
Significant limitations on services an auditor can provide in connection with a PCAOB standard audit.

SPAC Accounting & 报告咨询网上买彩票平台

网上买彩票平台 has extensive SEC knowledge and experience to assist you in navigating SEC rules and regulations which give rise to complex issues and questions.

SPAC Accounting & 报告咨询网上买彩票平台

立案前支持
注册声明制备
提交并回应SEC的意见和Super 8-K
合并后继续1934年法案援助
继续支持

为SPAC交易提供技术支持
准备或审查上市公司和符合法规S-1的财务报表
分析/重新审视关键的会计领域和文档
为S-1合规准备财务报表并分析细分财务

代理声明草案
Draft tie-out binder supporting information and footnotes in the registration statement
协助完成GAAP和SEC的核对表
协助美国证券交易委员会的审批事宜

Provide assistance to resolve comments received from the SEC and external auditors to understand the substance of the comment and resolve in filing
Assist in drafting amendments to the registration statement to reflect SEC comment responses and any material developments
Assist in drafting and review of Super 8-K, ensuring compliance with timing and required disclosures

SEC Reporting – Assist in preparation of the Company’s Form’s 10-K, 10-Qs, and 8-K (optional)
协助制定月末政策, quarter-end, 年末结账流程(可选)
帮助开发治理和遵从性实践(可选)
SOX合规计划草案(可选)

会计方面的技术援助:
- PIPE funding
- 各种优先股、创始人和普通股的权利
- Warrants
- 提出购买承诺
- 其他复杂的债务和股权工具
De-SPAC准备和收购交易协助

SPAC IPO准备情况:IPO重点领域

美国证券交易委员会“热点”问题/美国证券交易委员会评论趋势

收入确认
基于股权和股票的薪酬
普通股票估值
复杂的金融工具和相关假设
收购-业务合并
Investments
关联方交易
披露质量和完整性
Segment reporting

基于股权的薪酬

分析盖表，确保所有的股票所有权记录是最新的
Understand the terms of all warrants and convertible instruments and determine how filing an IPO will affect their treatment
审查公司章程和细则
理解和评估资本结构
准备接受美国证券交易委员会对普通股估值的评论

其他需要考虑的领域

商誉和无形资产，如有相关减值支出
外币折算问题
Contingencies
存货计价及备付金
每股收益计算
管理层的讨论和分析
近期发布的会计准则
薪酬及相关披露
Pro Forma issues

季度财务资料及财务报表披露

编制季度财务报表
Review Financial statement disclosures – prepared in accordance with US GAAP and includes disclosures specific to SEC registrants
- Segment Reporting
- 会计判断的管理依据
- 计算所有时间段的EPS
- 非公认会计准则措施的任何理由
解决和处理所有其他重要的会计问题
起草注册声明- f页 & MD&A

马库姆的SPAC首次公开募股代表名单

Issuer	Led Underwriter	Offering Size	IPO Date
工务计划前方收购公司. I	Citigroup	$200,000,000	March 10, 2021
敏捷成长公司.	花旗集团(Citigroup) / Jeffries	$200,000,000	March 10, 2021
数字转型机遇公司.	Barclays	$200,000,000	March 10, 2021
柱廊收购公司. II	巴克莱和德意志银行	$200,000,000	March 10, 2021
ESM收购公司	瑞士信贷证券	$200,000,000	March 10, 2021
SVF投资有限责任公司. 3	花旗集团(Citigroup)和瑞银(UBS) / Cantor Fitzgerald Duetsche银行/ /瑞穗	$200,000,000	March 9, 2021
独立控股集团.	花旗集团(Citigroup)、德意志银行(Deutsche Bank)的	$200,000,000	March 9, 2021
SVF投资有限责任公司. 2	花旗集团(Citigroup)和瑞银(UBS) / Cantor Fitzgerald Duetsche银行/ /瑞穗	$200,000,000	March 9, 2021
第一储备可持续增长公司.	巴克莱和高盛(Goldman Sachs)	$200,000,000	March 5, 2021
部落资本成长公司.	Cantor Fitzgerald	$200,000,000	March 5, 2021

具有代表性的太空并购交易

Stock Symbol	Company Name	SPAC Entity
HCCO	SOC Telemed	医疗集团合并.
PTAC	Porch.com	PropTech收购公司
SAQN	CuriosityStream	软件收购集团.
ORSN	Ucommune	Orisun收购公司.
NFIN	Triterras Fintech	Netfin收购公司.
CPAA	优势的解决方案	Conyers Park II收购公司.
PIC	CXL Fleet	枢纽投资公司II
SMMC	Billtrust	南山合并公司.
HYAC	Arko Holdings	强力一击收购公司. II
NEXT	NextDecade Corp./	和谐合并公司.