Cloud computing co. on cloud nine after successful SPAC merger​

Picture this...

You’re a SaaS company providing cloud-based contact center solutions and you’re preparing for a merger with a Special Purpose Acquisition Company (“SPAC”). You need support preparing public company financial statements, successfully completing a PCAOB audit and drafting financial information for a proxy filing to obtain shareholder approval for the SPAC merger. On top of that, to operate as a public company, you need to accelerate your accounting close process.

You turn to Accordion.

We lead the IPO Readiness Project Management Office (PMO), overseeing multiple functional areas and workstreams, including:​

• Managing cross-functional interdependencies involved in signing the merger agreement and PIPE subscriptions, and preparing the preliminary proxy filing.​
• Preparing financial statements to comply with PCAOB and S-X requirements. ​
• Researching and preparing technical accounting memos and policies including stock-based compensation, segment reporting, and earnings per share.​
• Assessing your current accounting close process, making recommendations, and implementing an accelerated accounting close process to meet public company standards and deadlines.

Your value is enhanced.

You successfully sign the deal and file the preliminary proxy statement with the SEC. You bring your company in line with financial statement close process standards, accelerating from approximately 15 days to 5 days.