Tag: IPO
SubscribeSPACs’ Woes Mount
Furbys. The Spice Girls. Flash mobs. You could argue that special purpose acquisition companies – more commonly referred to as SPACs – have enjoyed a longer shelf life than most notable fads. Nevertheless, signs point to SPACs going the way...
Read MoreSEC Points to SPAC Crackdown with Proposed Rules
You could call it a SPAC attack. The Securities and Exchange Commission has proposed a series of new rules for special purpose acquisition companies – better known as SPACs – and their merger targets. If enacted, the proposal would make the...
Read MoreDelaware Court Decision Adds to SPACs’ Woes
Not so long ago, special-purpose acquisition companies – more commonly known as SPACs – were Wall Street’s next big thing. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquill...
Read MoreWhat Does Gary Gensler Have Against SPACs?
The growth of special-purpose acquisition companies – commonly known as SPACs – represents one of the investing world’s biggest stories in recent years. According to Securities and Exchange Commission Chair Gary Gensler, initial public offe...
Read MoreSpacy SPAC Deal Prompts SEC Enforcement
After talking for months about applying stricter scrutiny to special purpose acquisition companies, the Securities and Exchange Commission has started making good on its promise. The SEC announced charges earlier this month against multiple...
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