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Tag: IPO

Person using a fidget spinner

SPACs’ Woes Mount

Person using a fidget spinner

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...

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Metaphorical Darts hitting their IPO Targets

SEC Points to SPAC Crackdown with Proposed Rules

Metaphorical Darts hitting their IPO Targets

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...

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Walk of Fame Street Star IPO

Delaware Court Decision Adds to SPACs’ Woes

Walk of Fame Street Star IPO

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...

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Iridescent seashell shimmering in the sunlight

What Does Gary Gensler Have Against SPACs?

Iridescent seashell shimmering in the sunlight

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...

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Spacy SPAC Deal Prompts SEC Enforcement

Spacy SPAC Deal Prompts SEC Enforcement

Spacy 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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