Positioning the Deal: Crafting the Narrative and Economics Behind a DESPAC Transaction

In this episode of The DESPAC Podcast Go Public Series, host Chaz Churchwell and SPAC attorney Michael Blankenship of Winston & Strawn unpack the third step of the Go Public Framework: P – Positioning the Deal.Positioning determines how the market will perceive your company, your credibility, your economic structure, and your partnership fit. This step defines the trajectory of the entire DESPAC transaction.Listeners will learn:• Why positioning extends far beyond raising capital• How to choose the right SPAC sponsor based on track record and sector expertise• How deal economics shape investor outcomes• Why realistic, disciplined projections matter to institutional buyers• How to structure the narrative to establish trust rather than hype• Why crypto treasury companies need enhanced disclosure on risk and custody• How transparency can mitigate regulatory and investor concernsThis episode provides clarity for leaders preparing to shape their deal story and structure for a successful transition to the public markets.Connect With the Guest:Michael Blankenship, Winston & Strawn LLPLinkedIn: https://www.linkedin.com/in/mikeblankenshipConnect With the Host & The DESPAC Podcast:Chaz Churchwell LinkedIn: https://www.linkedin.com/in/chazchurchwell/YouTube Channel: www.youtube.com/@thedespacpodcastThe DESPAC Podcast is for informational and educational purposes only. Nothing in this content constitutes legal, investment, tax, or financial advice, nor a recommendation to pursue or avoid any transaction. Consult qualified legal, financial, and tax professionals before acting on any information discussed. News Theme 1 by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/THE DESPAC PODCAST STANDARD LEGAL DISCLAIMERThe DESPAC Podcast is for informational purposes only. The views and opinions expressed by the host and guests are their own and do not represent the views of Smooth Stone Capital, its affiliates, or any sponsoring organization.Nothing in this podcast should be interpreted as legal advice, investment advice, tax advice, or a recommendation to pursue or avoid any transaction. Discussions may reference SPACs, DESPAC transactions, securities regulations, or public-company readiness frameworks. These conversations are educational in nature and should not be relied upon when making financial or strategic decisions.Listeners should consult qualified legal, financial, and tax professionals before acting on any information discussed in this podcast. Any examples or scenarios mentioned are illustrative and may not reflect current market conditions or regulatory requirements.Participation by a guest does not constitute an endorsement of any company, strategy, product, or service. References to specific firms or individuals are for context only.Smooth Stone Capital and the DESPAC Podcast disclaim all liability arising from the use of or reliance on the information presented.