London SPAC Ditches Effort to Raise Funds for Insurance Deal 

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

Credit Suisse went from making an estimated $466 million in gross SPAC underwriting fees in the first quarter, to $16.1 million between April 1 and June 15, according to data provider Refinitiv.

Shareholder claims against CBS Entertainment ex-president Jeff Sagansky, former MGM Studios chairman Harry Sloan, and other architects of the merger between Skillz and Flying Eagle Acquisition will move forward after a Delaware judge, Vice Chancellor Paul A. Fioravanti Jr., found them sufficient.

Roughly one-quarter of SPACs announced this year are targeting climate-related businesses, TechCrunch reports.