TINA PAPPAS

T. +1 212 218 3725

Tina Pappas
Managing Director
Head of Equity Capital Markets
Investment Banking
+1 212 218 3725

Ms. Pappas is a Managing Director in the firm's Investment Banking group and has over 19 years of industry experience. Ms. Pappas oversees Morgan Joseph TriArtisan's equity capital markets. Prior to joining Morgan Joseph in 2001, Ms. Pappas was a Managing Director at THCG, Inc., a technology focused merchant bank and a Director at Ladenburg Thalmann & Co., where she led the technology investment banking practice. Ms. Pappas was also a principal in the Telecommunications investment banking group of Brenner Securities Corporation/Southcoast Capital. Ms. Pappas received a BS in Finance, with honors, from the Stern School of Business at New York University.

This material is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any specific securities. The material has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Morgan Joseph TriArtisan and/or its directors, officers and employees may have or may have had interests in, and may at any time make purchases and/or sales as principal or agent, or may have acted or may act as market maker, financial advisor or underwriter in SPACs. Morgan Joseph TriArtisan is under no obligation to update or keep current the information contained herein. The recipient is instructed to carefully review the prospectus for any specific SPAC prior to making any purchase of a SPAC and such prospectus information may vary from and supersedes any information herein.

Morgan Joseph TriArtisan is one of the leading underwriters of SPACs with over $2.4 billion in proceeds in 22 transactions, including acting as lead manager in 16 transactions.

SPACs are an interesting opportunity for both investors and management teams.
Management teams are offered access to permanent equity capital via public markets with attractive economics. Investors are offered access to management teams and private equity-like investment opportunities which can have investment protection, upside potential, and acquisition approval rights.

Morgan Joseph TriArtisan is a leading M&A advisor with respect to SPACs, representing both acquirers and target companies.
In addition to our expertise as an underwriter of SPAC offerings, Morgan Joseph TriArtisan is familiar with all the unique issues related to completing a business combination with the SPAC structure having been involved in 12 SPAC M&A assignments. To date, 10 of the 16 offerings that Morgan Joseph TriArtisan lead managed have closed an acquisition.

Morgan Joseph TriArtisan created the Morgan Joseph Acquisition Company Index (MJACI) which is quoted on Bloomberg.
The MJACI is a total SPAC market index that measures the daily market performance of all publicly traded SPACs formed since August 2003.

Description of MJACI:
MJACI is a market capitalization weighted (excluding promote shares and over allotments) index. MJACI adds newly formed public acquisition companies at their initial offer price and removes an existing acquisition company upon consummation of a business combination. In either event, index weightings are linearly rebalanced. The index is set equal to a base of 100 as of January 1, 2005.