SPAC Advantages

Potential for significant and immediate liquidity for shareholders and management

• Ability to deliver significant cash upon transaction close
• Additional upside potential through stock ownership and / or earn-out

Flexible transaction structure to suit the situation

• Flexibility on type and mix of consideration
• Ability to accommodate varying liquidity preferences of different owners
• Ability of current owners to retain control of public company if desired
• Ability for SPAC to do larger transaction through issuing stock, equity private placement and / or debt capital

Ability to accelerate growth

• Growth capital to fund initiatives
• Currency for acquisitions
• Public status raises company profile
• Access to KBL / KBL Board network