Securities and Exchange Commission (SEC), Special Purpose Acquisition Companies (SPACs), Public Offerings

SEC Expands Confidential Review Process to Facilitate Capital Formation

DLA Piper on 3/6/2025

Companies seeking to raise capital through a public offering are encouraged to note the US Securities and Exchange Commission (SEC)’s announcement on March 3, 2025 that the staff of the Division of Corporation Finance (SEC...more

Public Companies Quarterly Update (Q1 2024)

Saul Ewing LLP on 4/5/2024

Welcome to Saul Ewing’s Public Companies Quarterly Update series. Our intent is to, on a quarterly basis, highlight important legal developments of which we think public companies should be aware. This edition is related to...more

Nutter Securities Enforcement Update: January 1, 2024

Nutter McClennen & Fish LLP on 1/17/2024

The Nutter Securities Enforcement Update is a periodic summary of noteworthy recent securities enforcement activity, settlements, decisions, and charges....more

Margin Loans and Former SPACs: Rules 144 and 145 Impose Important Additional Requirements on Resales of Securities

Morrison & Foerster LLP on 1/14/2022

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

Over 60 of the Nation's Leading Law Firms Respond to Investment Company Act Lawsuits Targeting the SPAC Industry

White & Case LLP on 8/30/2021

Recently a purported shareholder of certain special purpose acquisition companies (SPACs) initiated derivative lawsuits asserting that the SPACs are investment companies under the Investment Company Act of 1940, because...more

SEC Speaks: Promoting Growth in the Public Markets

Mayer Brown Free Writings + Perspectives on 10/12/2020

During the annual Practising Law Institute’s SEC Speaks, Commissioner Lee discussed the state of public markets and public offerings. The Commissioner addressed the shift toward continued reliance on the private markets...more

SEC Adopts Final Rules to Allow Exchange Act Reporting Companies to Use Regulation A

Skadden, Arps, Slate, Meagher & Flom LLP on 12/21/2018

The Securities and Exchange Commission (SEC) adopted final rules to allow reporting companies to rely on the Regulation A exemption to conduct securities offerings of up to $50 million in a 12-month period without Securities...more

Securities and Exchange Commission (SEC) › Special Purpose Acquisition Companies (SPACs) › Public Offerings