Baron Funds Portfolio Manager Shares SPAC Investing Checklist

At least 25 companies that merged with SPACs between 2020 and 2021 have issued so-called going-concern warnings in recent months, according to research firm Audit Analytics. 

The SPAC boom has hit a major roadblock in the form of faulty disclosures, the law firm of Schiffer Hicks Johnson writes in an article for JDSupra. The recent deluge of SPAC litigation has mainly focused on these disclosures — specifically, disclosures made during the SPAC’s IPO as well as the de-SPAC transaction.

There have been two direct listings this year on U.S. exchanges and only one in 2022.

MarketWatch digs into nine blank-check companies that could be on the cusp of making big moves.