Proposed SEC Restrictions Stand To Add SPACs Risk

By Gail Weinstein, Philip Richter and Brian Hecht (April 19, 2022, 5:40 PM EDT) -- The new proposed rules issued by the U.S. Securities and Exchange Commission relating to special purpose acquisition companies would eliminate many of the current benefits for a private company in going public through a merger with a SPAC — in a de-SPAC transaction — rather than through a traditional initial public offering process....

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