An article from the KPMG SPAC Intel Hub.
For a private company merging with a SPAC, being ready for public company status on Day One—and at all times thereafter—is of paramount importance. No one knows that better than the CFO and CAO, who largely bear the responsibility of overseeing the regulatory requirements of a public company. And they know that there’s a lot of things to juggle to get it right.
KPMG asked several finance executives with recent SPAC experiences to share their perspectives on making a successful transition from private to public company. Their collective wisdom boils down to a simple message: Plan well in advance for all the SEC filing deadlines, new investor expectations and extra hiring needs.