{"id":828,"date":"2020-05-08T11:51:18","date_gmt":"2020-05-08T11:51:18","guid":{"rendered":"https:\/\/new.deschenaux.me\/?p=828"},"modified":"2021-02-16T15:05:18","modified_gmt":"2021-02-16T15:05:18","slug":"sponsor-investment-return","status":"publish","type":"post","link":"https:\/\/masterspac.com\/pt\/master-spac-advantages\/sponsor-investment-return\/","title":{"rendered":"Sponsor&#8217;s Investment Return"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"828\" class=\"elementor elementor-828\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ccc8a07 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ccc8a07\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-727faf7\" data-id=\"727faf7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7856049e elementor-widget elementor-widget-text-editor\" data-id=\"7856049e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>According to Jefferies &#8220;SPACs are very compelling for industry executives, as the economics are as or more attractive than traditional private equity fund economics.&nbsp; SPAC sponsors typically receive 20% of the common equity in the SPAC for an investment of approximately 3% to 4% of the IPO proceeds.&nbsp; For example, in a $250 million SPAC, the sponsor typically receives approximately $60 million of common stock for a $7 million investment in warrants.<\/p>\n<p><span style=\"color: #555555; font-family: Roboto, 'Helvetica Neue', Helvetica, Arial, sans-serif;\">These executives typically have public company experience or have sold their prior business and are seeking new opportunities.&nbsp; Often they have significant M&amp;A experience and a proven ability to source transactions.&nbsp;&nbsp; In addition, of the 42 SPAC IPOs in 2019 sponsored by industry executives, approximately 75% of these SPACs have been focused on a specific sector, highlighting again the experience of the management team.&#8221;<\/span><\/p>\n<p><strong>However only the Master SPAC returns the capital of the Sponsor upon acquisition through IPO time.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-091689c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"091689c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d929a81\" data-id=\"d929a81\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>According to Jefferies &#8220;SPACs are very compelling for industry executives, as the economics are as or more attractive than traditional private equity fund economics.&nbsp; SPAC sponsors typically receive 20% of the common equity in the SPAC for an investment of approximately 3% to 4% of the IPO proceeds.&nbsp; For example, in a $250 million SPAC, &#8230; <a title=\"Sponsor&#8217;s Investment Return\" class=\"read-more\" href=\"https:\/\/masterspac.com\/pt\/master-spac-advantages\/sponsor-investment-return\/\" aria-label=\"Leia mais sobre Sponsor&#8217;s Investment Return\">Ler mais<\/a><\/p>","protected":false},"author":1,"featured_media":3337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":13,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-master-spac-advantages"],"_links":{"self":[{"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/posts\/828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/comments?post=828"}],"version-history":[{"count":0,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/posts\/828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/media\/3337"}],"wp:attachment":[{"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/media?parent=828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/categories?post=828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterspac.com\/pt\/wp-json\/wp\/v2\/tags?post=828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}