The Fairness Opinion Process SPAC Sponsors Should Know — Michael Moscarelli

The Fairness Opinion Process SPAC Sponsors Should Know — Michael Moscarelli

Author: Joshua Wilson May 8, 2026 Duration: 10:24
Most SPAC sponsors don't realize a fairness opinion isn't just a checkbox — it's the line of defense between you and the entire fairness standard if your deal lands in litigation. Michael Moscarelli, Vice President in Houlihan Capital's Valuation and Financial Advisory practice, joins Mike Blankenship to break down what every SPAC sponsor needs to understand about fairness opinions before the BCA vote. From the post–Multi-Plan shift in Delaware litigation exposure, to per-share allocation an...

Tune into The SPAC Podcast: Special Purpose Acquisition Company for a clear-eyed look at one of finance's most talked-about vehicles. Hosts Michael Blankenship, a capital markets attorney and partner at Winston & Strawn LLP, and Joshua Wilson, an executive producer and capital markets advisor, steer these discussions with a practitioner's depth. They don't just report the news; they unpack the mechanics, the regulatory shifts, and the strategic plays behind each headline. You'll hear from the dealmakers, lawyers, and executives who are actively structuring these transactions, getting their unvarnished perspectives on what works, what doesn't, and what might be coming next. This podcast moves beyond the hype to examine the real-world implications of SPACs for investors, companies, and the broader market. It’s designed for anyone from seasoned professionals to curious observers who want to understand the nuances behind the acronym. Each episode feels like a detailed briefing, blending analysis with candid conversation to make a complex topic accessible. If you're navigating the SPAC landscape or simply trying to decipher its impact, this series provides the essential context you need.
Author: Language: en-us Episodes: 100

The SPAC Podcast: Special Purpose Acquisition Company
Podcast Episodes
SPAC Valuation: Why Getting It “Right” Is More Art Than Formula [not-audio_url] [/not-audio_url]

Duration: 1:26
Valuation is one of the most critical and misunderstood aspects of any SPAC transaction. In this clip, Michael Blankenship and Delon Turner discuss why valuation is not a fixed formula, but a negotiated outcome that must…