The SPAC Podcast

Why Global Companies Are Choosing U.S. Listings

Joshua Wilson

In this episode of The SPAC Podcast, Adeel Rouf shares his perspective on U.S. vs. non-U.S. SPAC deal flow and why high-quality companies from Europe and Asia continue to choose NASDAQ and NYSE as their go-to listing destinations.

While the U.S. capital markets remain the most liquid and deal-ready globally, Adeel explains that many international companies, especially in sectors like biotech, see U.S. exchanges as a strategic gateway to growth. Drawing from his recent Voyager SPAC deal with a Swiss biotech firm, he underscores the growing pipeline of non-U.S. targets that want access to U.S. investor capital while maintaining global operations.

Connect with the Guest:

Adeel Rouf – SPAC Sponsor & Investor

LinkedIn: https://www.linkedin.com/in/adeelrouf/

View all of their episodes here:

https://www.thespacpodcast.com/guests/adeel-rouf/

Connect with the Hosts & The SPAC Podcast:

Michael Blankenship LinkedIn:

https://www.linkedin.com/in/mikeblankenship/

Joshua Wilson LinkedIn:

https://www.linkedin.com/in/joshuabrucewilson/

YouTube Channel:

https://www.youtube.com/@Thespacpodcast

Contact The SPAC Podcast:

https://www.thespacpodcast.com/contact/

#SPACs #CapitalMarkets #SPACPodcast #CrossBorderListings #GlobalIPOs #BiotechSPAC #USExchanges

The views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.


Disclaimers:

The views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.

Michael J. Blankenship is a licensed attorney and is a partner at Winston & Strawn LLP. Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The content of this podcast is intended for informational and educational purposes only and should not be interpreted as legal, financial, or compliance advice. The views and opinions expressed by the hosts and guests are their own and do not necessarily reflect the official policies or positions of any regulatory agency, law firm, employer, or organization.

Listeners are encouraged to consult their own legal counsel, compliance professionals, or financial advisors to ensure adherence to applicable laws and regulations, including those enforced by the SEC, FINRA, and other regulatory bodies. This podcast does not constitute a solicitation, offer, or recommendation of any financial products, securities transactions, or legal services.

Let’s Connect on LinkedIn:

👉 Michael J. Blankenship - https://www.linkedin.com/in/mikeblankenship/

👉 ...

Mike Blankenship:

So U.S. versus non U.S. what do you see as the most active markets for SPAC deals the rest of this year and leading into next year?

Adeel Rouf:

Just looking at NASDAQ and NYSE, these are two of the largest, most liquid stock exchanges in the world. So naturally, most deal activity will continue to flow through the U.S. it’s just the nature of the beast.

In contrast, markets in Europe are currently quite illiquid, and political uncertainty there has made capital raising harder. That said, we’re still seeing very high-quality companies in Europe and Asia, particularly in biotech, that are looking to list in the U.S.

For example, our recent Voyager SPAC deal was with a biotech company out of Switzerland. That speaks to the ongoing trend: strong non U.S. companies targeting U.S. capital markets for their liquidity, structure, and exposure.

So while most SPAC activity will still be U.S.-centric, I expect to see an increase in cross-border listings coming from Europe and Asia into the U.S.