Topic
SPACs
324 published works
The D&O Diary
Trouble Brewing in SPAC-Land?
As has been extensively noted on this site and elsewhere, the sheer level of SPAC-related action has been the one of the top business stories of the last few months.…
The SEC Institute Blog
Disruption for SPACs – Debt versus Equity and Possible Restatements
Debt versus equity classification for complex financial instruments has caused more public company restatements over the last 15 years than almost any other issue. SPACs almost always issue warrants in…
Compliance Building
SPAC, SMACK, SHAQ?
SPACs are the current tulips of the markets. Everyone wants a piece of one. Celebrities are joining the rush. As noted in the title, Shaq has one. Actually Shaq is…
Cleary M&A and Corporate Governance Watch
Acting Director of SEC’s Corp Fin Issues Statement on Disclosure Risks Arising from De-SPAC Transactions
By Nick Grabar, Giovanni P. Prezioso, Jared Gerber, Rahul Mukhi, Adam Brenneman
Last week, John Coates, the Acting Director of the SEC’s Division of Corporation Finance (“Corp Fin”), released a statement discussing liability risks in de-SPAC transactions. The statement focused in particular…
The CLS Blue Sky Blog
SPACs, IPOs, and Liability Risk Under the Securities Laws
By John Coates
Over the past six months, the U.S. securities markets have seen an unprecedented surge in the use and popularity of Special Purpose Acquisition Companies (or SPACs).[1],[2] Shareholder advocates – as…
The D&O Diary
All SPACs, All the Time
If things these days for the rest of you are the way they are for me, then all of you are basically finding out that SPACs are taking over your…
The SEC Institute Blog
De-SPAC Transaction Liability – A Public Statement from the CorpFin Acting Director
On April 8, 2021, Acting CorpFin Director John Coates issued a Public Statement – “SPACs, IPOs and Liability Risk under the Securities Laws.” Mr. Coates briefly reviews how SPACs, as shell…
The Securities Edge
Caveat Everybody — The SEC Takes Aim at SPACs
[caption id="attachment_3737" align="alignright" width="320"] Image by mohamed Hassan from Pixabay[/caption] In the last several days, the SEC has engaged in a skirmish, and possibly an opening battle, against SPACs. A…
ComplexDiscovery
SPAC Attack? Cellebrite Moves Toward Becoming a Public Company
By Rob Robinson
Editor’s Note: From time to time ComplexDiscovery highlights publicly available service and product announcements and content updates from data discovery and legal discovery providers and ComplexDiscovery community members as an information service…
Free Writings + Perspectives
Updates from the SEC’s Acting Director of the Division of Corporation Finance
SEC Division of Corporation Finance Acting Director John Coates participated in a fireside chat on April 7, 2021 during the annual Global Capital Markets & the US Securities Laws program…