In this episode, host Chaz Churchwell is joined by Seth Farbman, CEO of VStock Transfer, for a deep, practical discussion on the role transfer agents play in DESPAC transactions and ongoing public-company operations.

Seth shares insight from decades in capital markets, explaining how transfer agents serve both issuers and shareholders, why communication failures create real financial risk, and how early preparation changes outcomes. From shareholder education and cap table management to visibility, trust, and long-term credibility, this episode highlights issues most private companies overlook.

Topics include:

• The real responsibilities of transfer agents
• Why communication protects valuation and trust
• How operational gaps surface after DESPACs
• When companies should engage transfer agents
• The importance of education and visibility in public markets

This is a practical conversation for leaders who want fewer surprises and stronger execution as they enter the public markets.

THE DESPAC PODCAST STANDARD LEGAL DISCLAIMER

The 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.