So far in 2021, we have seen more than 500 Special Purpose Acquisition Companies (SPACs) go public and raise more than $123 billion, and more than 160 of these “blank check firms” complete mergers with or acquisitions of...more
12/2/2021
/ Acquisitions ,
Breach of Duty ,
Corporate Governance ,
Financial Industry Regulatory Authority (FINRA) ,
Initial Public Offering (IPO) ,
Mergers ,
Publicly-Traded Companies ,
Putative Class Actions ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Special Purpose Acquisition Companies (SPACs)
Special purpose acquisition companies (SPACs) have been around for decades, but have grown in size and prominence in recent years. Last year, 237 SPAC IPOs raised approximately $80 billion. Q1 2021 eclipsed that entire year’s...more
Staff will allow required cautionary legends to be provided via hyperlink.
On April 21, the Staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued helpful guidance regarding...more