Equity Capital Markets

Academy works with clients seeking capital markets access in the public or private markets across asset classes, including equity, hybrids and debt. Academy delivers highly-tailored financing alternatives and solutions to public companies, privately-held businesses, and investment firms. Whether seeking to fund growth or optimize capital structures, we collaborate with clients to analyze and determine all funding options prior to implementing the optimum strategy. Since the beginning of 2015, Academy Securities has been involved in over 3,200 financing transactions, raising in excess of over $3.3 trillion.

Academy Securities is a leader in the D&I space in Equity Capital Markets and has been a co-manager on many of the largest U.S. IPO’s as well as secondary offerings over the past five years. Academy provides in-depth market knowledge to both our issuer clients as well as our buy-side investor clients. We have expertise in taking private companies public in IPOs, spinning off existing businesses from public companies, accessing the markets for follow-on offerings, and underwriting convertible debt. Academy’s team works directly with our Equity Sales & Trading group to provide clients with knowledgeable market insight and value-added distribution strategies for their equity and hybrid needs. Academy’s distribution penetrates smaller investment firms and family offices that provide valuable incremental demand for transactions, allowing issuers to achieve improved pricing for their securities. In addition, our ECM team leverages the expertise of Academy’s Geopolitical Intelligence Group to provide value before, during, and after the transaction. Also, Academy’s share repurchase team executed a notional value of $16.6 billion YTD 2021 and has been mandated by 7 members of the Dow Jones Industrial Average and 27 members of the S&P 500. Since the beginning of 2015, the Equity Division of Academy Securities has participated in over 1,000 transactions raising nearly $330 billion.

Important Disclosures:

Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. We have relied upon and assumed without independent verification, the accuracy and completeness of all information available from public sources.

Views and opinions expressed are for informational purposes only and do not constitute a recommendation by Academy Securities to buy, sell, or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change, they should not be construed as investment advice.

This information discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. This material has been prepared by Academy Securities and is not financial research nor a product of Academy Securities. It was not prepared in compliance with applicable provisions of law designed to promote the independence of financial analysis and is not subject to a prohibition on trading following the distribution of financial research. The views and opinions expressed may differ from those of Academy Securities. Investors are urged to consult with their financial advisors before buying or selling any securities. This information may not be current and Academy Securities has no obligation to provide any updates or changes.

Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. These forecasts do not take into account the specific investment objectives, restrictions, tax and financial situation or other needs of any specific client. Actual data will vary and may not be reflected here. These forecasts are subject to high levels of uncertainty that may affect actual performance. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. These forecasts are estimated, based on assumptions, and are subject to significant revision and may change materially as economic and market conditions change. Academy Securities has no obligation to provide updates or changes to these forecasts. Case studies and examples are for illustrative purposes only.

Index Benchmarks

Indices are unmanaged. The figures for the index reflect the reinvestment of all income or dividends, as applicable, but do not reflect the deduction of any fees or expenses which would reduce returns. Investors cannot invest directly in indices.

The indices referenced herein have been selected because they are well known, easily recognized by investors, and reflect those indices that the Investment Manager believes, in part based on industry practice, provide a suitable benchmark against which to evaluate the investment or broader market described herein. The exclusion of “failed” or closed hedge funds may mean that each index overstates the performance of hedge funds generally.

THIS MATERIAL DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY JURISDICTION WHERE OR TO ANY PERSON TO WHOM IT WOULD BE UNAUTHORIZED OR UNLAWFUL TO DO SO.