This article focuses on complications arising under the Securities Act of 1933, as amended (“Securities Act”), relating to de-SPACed public companies that may restrict foreclosing lenders from selling shareholdings pledged...more
1/14/2022
/ Former Owners ,
Holding Periods ,
Public Offerings ,
Resales Agreements ,
Rule 144 ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Shell Corporations ,
Special Purpose Acquisition Companies (SPACs)
On February 19, 2019, the SEC proposed a rule and related amendments under the Securities Act of 1933, as amended (the “Securities Act”), that would permit issuers to engage in oral or written communications with potential...more