Bluescape Opportunities Acquisition said in a filing it will amend its annual report for 2020 to reflect new accounting for warrants as liabilities. The SPAC is among scores of blank-check companies to announce restated financials after the SEC said last month that warrants should be accounted for as liabilities, not assets.
Bluescape raised $575 million in a November IPO to target businesses in energy infrastructure and related sectors. Read more.
