Report: The SPAC Boom, Visualized

The vehicle has been a specific target of entities in the media industry but there seems to still be caution around its viability.

The lawsuit seeks internal files from Lottery.com to investigate claims that sponsors of the SPAC it merged with, Trident Acquisition, kept investors in the dark about “foundational” flaws in the lotto company’s business model.

SPAC investors and target businesses in other countries can raise national security and regulatory considerations, and in particular, the attention of foreign investment review mechanisms such as the Committee on Foreign Investment in the United States (CFIUS) and similar regimes in other countries, writes risk compliance and monitoring firm K2 Integrity.