After unfettered growth during the pandemic, Special Purpose Acquisition Companies (SPACs) are under greater scrutiny today. The Securities and Exchange Commission (SEC) has proposed new rules and amendments regarding SPACs that, if ratified, would usher in a new era of disclosures and transparency.
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If you’re planning on forming a SPAC in 2022 and beyond, there’s a good chance you’ll face greater regulatory hoops than your predecessors. Now’s the perfect time to ensure your SPAC site that meets regulatory requirements at every step of your merger.
What Are the New SPAC Rules?
As a blank-check company, a SPAC typically avoids many of the disclosure requirements that are expected of the traditional initial public offering (IPO) process.…Continue reading