You agree to the terms of service below, and the Terms of Use for Substack, the technology provider.

These Terms of Service (“Terms”) govern your access to and use of the LeanSPACList newsletter and related services (the “Service”). By subscribing, accessing or using the Service, you agree to be bound by these Terms. If you do not agree, do not use the Service.


1. Description of Service

LeanSPACList provides a curated list of Special Purpose Acquisition Companies (“SPACs”) seeking merger targets, together with publicly sourced board‑member names and contact information. The Service is delivered via email newsletter, downloadable reports here on Substack.


2. No Financial Advice; Errors & Omissions

  1. No Advice. The information provided is for general informational purposes only and does not constitute investment, legal, tax or other advice. You alone are responsible for your investment decisions.

  2. Possible Errors. LeanSPACList does not warrant that the list is complete, accurate, or up‑to‑date. SPAC statuses, names, emails or other details may change without notice.

  3. Verify Independently. You should verify any information before relying on it for any purpose.


3. Intellectual Property

All content, data, designs, graphics, and trademarks on or delivered by the Service are the exclusive property of LeanSPACList or its licensors. You may not copy, reproduce, distribute or create derivative works without prior written consent.


4. Subscriber Conduct

By using the Service you agree not to:

  • Redistribute, sublicense or otherwise share the raw list or contact data beyond your organization;

  • Use the Service to harass, spam, or infringe the rights of SPAC directors or any third party;

  • Reverse‑engineer or circumvent access controls.


5. Fees & Cancellation

Subscriptions are billed in advance on a monthly or annual basis. All fees are non‑refundable. You may cancel at any time, but access continues through the end of the current billing period.


6. Limitation of Liability

To the fullest extent permitted by law, LeanSPACList and its officers, employees and affiliates shall not be liable for any indirect, incidental, special, punitive or consequential damages arising out of your use of (or inability to use) the Service, even if advised of the possibility of such damages. In no event shall LeanSPACList’s total aggregate liability exceed the subscription fees you have paid in the three months preceding the claim.


7. Indemnification

You agree to indemnify, defend and hold harmless LeanSPACList, its affiliates and their respective officers, directors, employees and agents from any claims, liabilities, damages, losses or expenses (including reasonable attorneys’ fees) arising out of:

  • Your use of the Service;

  • Any breach of these Terms;

  • Your violation of applicable law or the rights of a third party.


8. Termination

LeanSPACList may suspend or terminate your access at any time for breach of these Terms or for any other reason, without liability. Upon termination, all provisions that by their nature survive (e.g. Sections 2, 4–7, 9–11) shall remain in effect.


9. Governing Law & Dispute Resolution

These Terms are governed by the laws of the Republic of Singapore without regard to conflict of laws principles. Any dispute arising under or in connection with these Terms shall be submitted to the exclusive jurisdiction of the courts of Singapore.


10. Changes to Terms

We may amend these Terms at any time by posting a revised version to our website or emailing subscribers. Continued use after such changes constitutes acceptance.