Law Firms Battle Lawsuits Calling for SPAC Regulation August 30, 2021 By Niket Nishant The legal tussle around special purpose acquisition companies (SPACs) intensified on Friday as a group of U.S. law firms hit...
Wall Street in Quandary Over New SPAC Equity Contracts After SEC Crackdown June 10, 2021 By Chris Prentice Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check...
SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...
More Assertive SEC Smacks Down SPACs: Viewpoint April 21, 2021 By Chris Bryant, Bloomberg Opinion Investor Jeremy Grantham says special purpose acquisition companies, which raise money in an initial public offering and then find a...
Hong Kong Developing SPAC Framework – But Lack of D&O Insurance Could Be Issue March 31, 2021 By Kiuyan Wong Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and...
SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why. March 29, 2021 By Supantha Mukherjee and Anirban Sen STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with...
SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters March 25, 2021 By Chris Prentice The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on...