Topic
SPACs
324 published works
Corporate Defense and Disputes
Major SPAC News, Rules May Be Coming This Week
By Julia Alonzo, Corey I. Rogoff
On Thursday, March 24th, the Securities and Exchange Commission announced an agenda for a March 30th open meeting for the Divisions on Corporate Finance and Investment Management. The meeting has…
The D&O Diary
Investors Bring SPAC-Related Direct Fiduciary Breach Action Relating to Hyzon Motors Merger
In January of this year, when the Delaware Chancery Court sustained the Delaware state court direct action filed against the directors and officers of the SPAC that had acquired MultiPlan…
The D&O Diary
More Securities Lawsuits Filed Against Post-SPAC-Merger Companies
As I have noted in prior posts, one of the most significant securities litigation phenomenon over recent months has been the rise of lawsuits involving special purpose acquisition corporations (SPACs).…
Startup GC Business Law Insights
Won't SPAC Down
By Paul Swegle
The Role of SPACs in Entrepreneurship and Innovation Wow - how quickly we went from “Rise of the SPACs!" to “SPACs on their Backs!” In 2021, there were 613 SPAC…
Startup GC Business Law Insights
SPAC to the Future
By Paul Swegle
The Role of SPACs in Entrepreneurship and Innovation Wow - how quickly we went from “Rise of the SPACs!" to “SPACs on their Backs!” In 2021, there were 613 SPAC…
The D&O Diary
Thinking About SPACs, De-SPACs, and Indemnification and Advancement
Within the D&O marketplace, the SPAC and De-SPAC space has been difficult over the last 18 to 24 months. Pricing for D&O insurance for SPACs and De-SPACs has been extraordinarily…
The CLS Blue Sky Blog
SPACs and PIPEs as Efficient Tools for Corporate Growth
A SPAC can be understood as an alternative to an IPO, with investors using a large investor, a PIPE, to find out whether the SPAC founder has really chosen a…
The D&O Diary
Mining Company Hit with Post-SPAC-Merger Securities Suit After Short Seller Report
In the latest post-SPAC-merger securities class action lawsuit, a plaintiff shareholder has filed a securities suit against a rare earth mining and processing company that completed a SPAC merger in…
The Capital Commitment
Treating “Like for Like”: SPAC Disclosure, Marketing and Gatekeeping in 2022
By Steven Baker, Margaret A. Dale, Michael R. Hackett, William Komaroff, Kirsten E. Lapham, Timothy W. Mungovan, Dorothy Murray, Joshua M. Newville, Todd J. Ohlms, Seetha Ramachandran, Jonathan M. Weiss, Julia Alonzo, James Anderson, Julia M. Ansanelli, William D. Dalsen, Adam L. Deming, Reut N. Samuels, Hena M. Vora
We reported last year that unprecedented SPAC deal volume signaled an increased risk for disputes given their unique structure, including risks associated with disclosure requirements, material non-public information, valuation, and…
Free Writings + Perspectives
The SPAC Series: Converts & Financing Alternatives for De-SPACed Companies
February 22, 2022 Webinar 12:00pm – 1:00pm EST Register here. What if the De-SPAC Did Not Yield Sufficient Growth Capital? Or Result in a Liquid Stock? The transformative de-SPACing process is…