Extracted Text
Highlighting: “"Eaglepoint"”
new or revised accounting pronouncements as of public company effective dates.
Additionally, we are in the process of evaluating the benefits of relying on the other reduced reporting
requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, if, as an
"emerging growth company", we choose to rely on such exemptions we
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may not be required to, among other things, (i) provide an auditor's attestation report on our system of internal
controls over financial reporting pursuant to Section 404, (ii) provide all of the compensation disclosure that may
be required of non-emerging growth public companies under the Dodd-Frank Wall Street Reform and Consumer
Protection Act, (iii) comply with any requirement that may be adopted by the PCAOB regarding mandatory audit
firm rotation or a supplement to the auditor's iep,nt providing additional information about the audit and the
financial statements (auditor discussion and analysis), and (iv) disclose certain executive compensation related
items such as the correlation between executive compensation and performance and comparisons of the CEO's
compensation to median employee compensation. These exemptions will apply for a period of five years
following the completion of our initial public offering or until we arc no longer an "emerging growth company,"
whichever is earlier.
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PROPOSED BUSINESS
General
We are a newly organized blank chock company incorporated in May 2015 as a Delaware corporation and
formed for the purpose of effecting a ill‘181.1. capital stock exchange. asset acquisition, stock purchase,
reorganization or similar business combination with one or more businesses, which we refer to throughout this
prospectus as our initial business combination. We have not identified any business combination target and we
have not, nor has anyone on our behalf. initiated any substantive discussions, directly or indirectly, with respect to
identifying any business combination target.
We intend to focus our efforts on seeking and completing an initial business combination with a company
that has an enterprise: value of between $300 million and $1.5 billion, although a target entity with a smaller or
larger enterprise value may be considered. While we may pursue an acquisition opportunity in any business
industry, or sector, we intend to capitalize on the ability of our combined team to identify, acquire and operate a
business following the initial business combination. We believe that the characteristics and capabilities of our
combined team will make us an attractive partner to potential target businesses, enhance our ability to complete a
successful business combination and bring value to the business post-business combination. Not only does our
combined team bring a combination of operating. investing, financial and transaction experience. but they have
also worked together previously on multiple private equity investments, consulting assignments and boards of
directors.
Our management team is led by William Kerr. our Chainnan, Paul Zepf, our Chief Executive Officer and a
director, and Andrew Cook, our Chief Financial Officer.
William Kerr, Chairman: Mr. Kerr is a Partner of Eaglepoint Advisors (