Crescent Cove Advisors Said to be Forming Asia-Focused Tech SPAC

A potential merger could give it a valuation of more than $1 billion.

Moves by the SEC regarding proper accounting of warrants are also driving premiums up for D&O coverage.

The hedge fund manager, who remains best-known for predicting the collapse of energy group Enron, accused some who have taken companies public via a SPAC of “playing fast and loose with their projections” in an effort to entice retail investors.

Online travel company Tiket.com is exploring going public, Bloomberg reports, possibly via a blank-check company.