In light of the SEC’s call to question proper compliance that can survive regulatory examination, both investors and SPACs must be mindful of financial disclosures and vigilant due diligence review, writes law firm Burns & Levinson. The article outlines a series of “prudent actions” investors should take before putting money into a blank-check vehicle. Read more.
Related Posts
Trouble Hits De-SPACed Lordstown Motors From All Angles
The Justice Department is probing embattled electric-truck startup Lordstown Motors, The Wall Street Journal reports, coming on the heels of an SEC investigation, and the abrupt resignation last month of two key executives.
Neuberger Berman Raises $1.95B to Co-Sponsor SPACs
An affiliate of Koch Industries anchors the vehicle.
Thiel-Backed Bridgetown Holdings Reportedly Near Merger Deal With Hyphen
Hyphen Group is a Hong Kong-based personal finance fintech.
Top SPAC Sponsors Pulling IPOs at a Record Clip
Dealmakers aborted at least 14 planned listings this month alone for SPACs that were looking to raise a combined $4 billion.