FINRA Offers Investor Guidance on SPAC Warrants

Meesho is aiming to be “IPO-ready” by the end of 2022. The company also hired former JP Morgan executive Dhiresh Bansal as its chief financial officer to guide it through the listing process.

The previously unreported measures being weighed by SEC staff would escalate the regulator's crackdown on the deal frenzy in SPACs, which it worries is putting investors at risk.

David Hall, the founder of lidar manufacturer Velodyne, is fighting with the SPAC that acquired his company, The Verge reports. In a letter, Hall is calling for the resignation of two of the company’s SPAC-appointed board directors, whom he blames for Velodyne’s “poor financial performance.”

Banyan said it will offer its SPAC clients both a subsidized rate on the Zukin RBR service as well as discounted D&O insurance premiums.