skip to main content
X

SERVICES

CAAS SERVICES FOR SPACs

SPAC SUPPORT

Special Purpose Acquisition Companies (SPACs) quickly emerged as a hot trend of 2020, but they are also taking heat under new SEC scrutiny and increasingly complex accounting requirements. UHY's team of advisors can help navigate the changing environment, and is actively assisting companies in complying with the new SEC compliance.

WHAT WE OFFER

SPAC SUPPORT OVERVIEW

Client Accounting & Advisory Services for SPAC

Much like executing a successful IPO, executing a SPAC is a rigorous process of preparing documentation, verifying financial reporting, and looking within your company at internal controls, processes, and procedures.

Our CAAS specialists have assisted clients in scaling their people, processes and technology as well as providing various bookkeeping services and timely financials through all stages of the SPAC lifecycle.

PRE-IPO

  • Assessing the scaling up of people, process and technology needed for the transaction
  • Providing bookkeeping services throughout the entire transaction including entering transactions, making journal entries, performing account reconciliations and performing monthly close procedures
  • Preparing financial statements and related footnote disclosures, including compliance with changing SEC guidance
  • Providing audit support services
  • Preparing financial information to be included in the S-1
  • Completing management’s discussion and analysis
  • Drafting technical accounting memos
  • Responding to SEC accounting comments

POST-IPO

  • Providing bookkeeping services throughout the entire transaction including entering transactions, making journal entries, performing account reconciliations and performing monthly close procedures
  • Managing SEC filing requirements, including Form 10-Qs and Form 10Ks

De-SPAC

  • Preparing pro-forma information to be included in the Proxy, S-4, or Super 8-K.
  • Providing technical research and analysis, including business combination accounting
  • Assisting the target company prepare financial statements in accordance with U.S. GAAP

OUR PROFESSIONALS

WILL SCHMITT

Partner, UHY LLP
Managing Director, UHY Advisors
Houston, Texas

WILL SCHMITT

Partner, UHY LLP
Managing Director, UHY Advisors

KEITH MOORE

Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan

KEITH MOORE

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL BURKE

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

MICHAEL BURKE

Partner, UHY LLP
Managing Director, UHY Advisors

CINDY HANNAFEY

Managing Director, UHY Consulting
Atlanta, Georgia

CINDY HANNAFEY

Managing Director, UHY Consulting

SCOTT MILLER

Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan

SCOTT MILLER

Partner, UHY LLP
Managing Director, UHY Advisors

BOB SCHROELL

Partner, UHY LLP
Managing Director, UHY Advisors
St. Louis, Missouri

BOB SCHROELL

Partner, UHY LLP
Managing Director, UHY Advisors

MELANIE CHEN

Partner, UHY LLP
Managing Director, UHY Advisors
New York City, NY

MELANIE CHEN

Partner, UHY LLP
Managing Director, UHY Advisors

CHRIS BOYD-WITHERSPOON

Senior Manager, UHY Consulting
Atlanta, Georgia

CHRIS BOYD-WITHERSPOON

Senior Manager, UHY Consulting

RO SOKHI

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

RO SOKHI

Partner, UHY LLP
Managing Director, UHY Advisors

MICHAEL HEILMAN

Principal, UHY Consulting
Atlanta, GA

MICHAEL HEILMAN

Principal, UHY Consulting

MICHAEL POVEDA

Partner, UHY LLP
Managing Director, UHY Advisors
Albany, New York

MICHAEL POVEDA

Partner, UHY LLP
Managing Director, UHY Advisors

JOHN BAUTISTA

Managing Director, UHY Advisors
New York, New York

JOHN BAUTISTA

Managing Director, UHY Advisors

CHRISTOPHER OLIVA

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

CHRISTOPHER OLIVA

Partner, UHY LLP
Managing Director, UHY Advisors

VIN NGUYEN

Partner, UHY LLP
Managing Director, UHY Advisors
Sterling Heights, Michigan

VIN NGUYEN

Partner, UHY LLP
Managing Director, UHY Advisors

CORY MCNELEY

Managing Director, UHY Consulting
Atlanta, Georgia

CORY MCNELEY

Managing Director, UHY Consulting

SCOTT NORRIS

Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

SCOTT NORRIS

Partner, UHY LLP
Managing Director, UHY Advisors

DAN BRUCE

Principal, UHY Consulting
Sterling Heights, Michigan

DAN BRUCE

Principal, UHY Consulting

DANIEL JONES

Partner, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

DANIEL JONES

Partner, UHY LLP
Managing Director, UHY Advisors

JOHN FERRO

Partner, UHY LLP
Managing Director, UHY Advisors
New York, New York

JOHN FERRO

Partner, UHY LLP
Managing Director, UHY Advisors

STEPHEN B. LATHROP

Managing Director, UHY Consulting
Atlanta, Georgia

STEPHEN B. LATHROP

Managing Director, UHY Consulting

CRYSTAL LI

Partner, UHY LLP
Managing Director, UHY Advisors
Orange County, California

CRYSTAL LI

Partner, UHY LLP
Managing Director, UHY Advisors

MEHMET SENGULEN

Office Managing Partner, Long Island, UHY LLP
Managing Director, UHY Advisors
Long Island, New York

MEHMET SENGULEN

Office Managing Partner, Long Island, UHY LLP
Managing Director, UHY Advisors

Hide Firm Disclaimer

©2023 UHY LLP. ALL RIGHTS RESERVED.

UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc., and its subsidiary entities. UHY Advisors, Inc.’s subsidiaries, including UHY Consulting, Inc., provide tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors” and “UHY Consulting”. UHY Advisors, Inc., and its subsidiary entities are not licensed CPA firms. UHY LLP, UHY Advisors, Inc. and UHY Consulting are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP, UHY Advisors and/or UHY Consulting (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

On this website, (i) the term "our firm", "we" and terms of similar import, denote the alternative practice structure conducted by UHY LLP and UHY Advisors, Inc. and its subsidiary entities, and (ii) the term "UHYI" denotes the UHY international network, in each case as more fully described in the preceding paragraph.