The SEC’s most recent update to its rulemaking agenda shows that the commission is planning to finalize 24 proposed rules, the vast majority of them by the spring of 2023. Several involve SPAC oversight, Reuters reports.
The SEC is proposing to require additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution. The proposal also would require additional information about business combination transactions, including disclosures related to the fairness of the transactions. Read more.
