Moderators and members of r/SPACs on Reddit told Business Insider they’re creating a more sophisticated community as interest from novice traders skyrockets. The first step is to ban cursing and YOLO (You Only Live Once) memes. Read more.
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Mexico’s Covalto Quietly Delays Nasdaq Listing via SPAC to 2024
An SEC filing shows that Covalto and LIV Capital Acquisition II have agreed to extend the deadline for the merger from May 10 to Feb. 10, 2024.
Major SPAC News, Rules May be Coming This Week
The SEC's Divisions on Corporate Finance and Investment Management have but one agenda item on their meeting tomorrow: SPACs, shell companies, and projections.
China Bars Mainland Brokers From Promoting SPAC Deals in Hong Kong
Chinese regulators made the move over concerns about the risks associated with blank-check firms, Reuters reports.