Are you gearing up to form a special purpose acquisition company? You can’t get very far without a website today. Your site is the single most important destination for information about your story. It needs to communicate to future investors your plans of becoming a public entity. Here’s everything you need to know about special purpose acquisition company websites and how you can make the best one for your merger.
Why Do You Need a SPAC Website?
A SPAC website is all about establishing your online presence and meeting compliance. It’s a chance to answer (on your own terms) the big questions: what is a SPAC, and why is yours so important?
Most investors consider a company’s IR site the best source of information about investment opportunities, and your SPAC site is no different. It’s where you introduce your SPAC’s management team to potential shareholders and highlight your value proposition.
You need a compelling website that drives engagement and draws investors to your opportunity.
In the initial SPAC IPO, you’ll do this even though you have no specific business operation or financial statements to go with it.
Eventually, however, this will change, and you’ll need to share financial statements publicly.
At this point, you’ll be subject to SEC regulations about what financial information you post and when. Your website is where you’re expected to post this information, so it plays an important role in your compliance with the SEC.
What Can You Do to Optimize Your SPAC Site?
Here are some things to consider carefully. These tips will help you create a site that grabs the attention of the right investors, for the right reasons.
Work with an IR Firm Specializing in SPACs
It helps having the experts on your side.
You’ll get online fast when you team up with an investor relations consulting firm with experience building beautiful, intuitive SPAC sites. These specialists help you curate a site that combines design with functionality.
They’ll also advise you on the best way to communicate the information you need to attract investors and maintain compliance while doing it in a way that resonates.
Meet Compliance
There are a lot of legal requirements you need to consider carefully as you build and maintain your SPAC website. Here are some of them below:
- Complying with securities laws, in particular your S-1 registration
- Filing your proxy statement of shareholder approval
- Obtaining Director’s and Officer’s insurance coverage
- Preparing your projections
- Building out protections for directors and officers
Make it Scalable
Your SPAC will go through several stages before it’s listed as a public company. Your site needs to evolve alongside your SPAC as it ages—from the IPO to ringing the bell at the New York Stock Exchange and beyond.
The best IR firm will understand you need a customizable website that grows with your SPAC. Check to make sure its design and functionality are scalable to your needs.
EnsureUptime
Your evolution as a company happens at an accelerated rate. The whole process unfolds faster than the typical IPO because there are fewer steps involved. That means you’re working on a tighter deadline to arrange a merger and go public.
You need a website that can keep up with your steady pace with zero downtime. Expect no less than SOC-2 Type 2 certified data management infrastructure monitoring to ensure you’re always available.
Bottom Line
Security, compliance, and scalability — these are some of the things that will help you optimize your SPAC site.
