Please join us for a webinar on the HKEX Consultation Paper on SPACS at 5pm HKT 28 October 2021

Register here

Please join Julia Charlton for a webinar on The HKEX Consultation Paper on SPACS.

CPD accreditation from the Law Society of Hong Kong is being sought.

About the webinar

The webinar will cover the following topics:

INTRODUCTION

  • Introduction and overview of the Consultation Paper
  • Overview of the key terms in respect of a SPAC
  • The De-SPAC Transaction and the Successor Company

POTENTIAL BENEFITS TO LISTING SPACs ON THE HKEX AND AREAS OF CONCERN

  • Potential benefits to SPAC investors
  • Benefits of SPAC Transaction and the time-to-listing
  • Issues identified by the HKEX in relation to SPACs

PROPOSED CONDITIONS FOR LISTING

  • Investor suitability and eligibility
  • Trading and open market requirements
  • SPAC share price and minimum market capitalisation
  • SPAC promoters and directors
  • Continuing obligations
  • The DE-SPAC Transaction
  • Eligibility of SPAC Targets

APPLICATION OF THE TAKEOVERS CODE, LIQUIDATION AND DE-LISTING

  • Application of the Takeovers Code to the De-SPAC Transaction
  • De-listing and liquidation requirements

Disclaimers

  • Enrolment limited – enrolments will be accepted on a first-come-first-served basis.
  • Please note that we accept no liability for any non-availability for any CPD Point(s) for any participants whatsoever.
CH-019256 (Webpage Portal) |
2021-09-10 (Published) |
2021-09-10 (Updated)