spac ipo News

SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why.

STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with them,” said Johnny Boufarhat, CEO of Hopin, a virtual events platform. “It’s interesting, but it also doesn’t make sense for …

SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters

The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter. The U.S. Securities and …