SPAC Association Provides Update on Lobbying Efforts to ‘Reorient’ Legislative Oversight of Blank-Check Companies

For the past three weeks, the SPAC Association said it has engaged over 50 congressional offices, including those on the House Financial Services Committee, to discuss how SPACs have played a critical role in advancing innovation and growth across key industries including healthcare, energy, financial technology, and more.

The association provided an update on the status of the bills and what it is doing to influence Congressional committees on the proposals. Read the memo.