On 30 August 2022, our Partner Gordon Tsang and Associate Gary Kwok were invited by LexOmnibus to give a CPD course on the topic “Rules and Recent Developments on Special Purpose Acquisition Companies”.
Special Purpose Acquisition Companies (“SPAC”) is a new listing regime in Hong Kong. It allows SPAC promoters to source target companies with potential in listing for merger and acquisition to acquire a listing status through an unconventional initial offering.
During the 3-hour webinar, Gordon and Gary gave an in-depth introduction to the listing requirements of traditional IPOs and SPAC, as well as the De-SPAC Transaction and De-Listing Mechanism of SPAC. They also compared the SPAC listing requirements between the U.S., Hong Kong and Singapore. Lastly, they concluded the course by discussing the advantage and potential risks of SPAC Listing in Hong Kong.
Due to the pandemic, the course was delivered via a webinar, and positive feedback was received from the audience.
Please contact Partner Gordon Tsang for any enquiries or further information about this course.