26 Jan, 2024 New SPAC Rules Adopted by the SEC By Giovanni Caruso On January 24, 2024, the U.S. Securities and Exchange Commission (SEC) adopted some of the rules relating to special purpose acquisition...
25 Jan, 2024 SEC to Consider Adopting New SPAC Rules on January 24, 2024 By Giovanni Caruso Twenty-two months after publishing proposed new rules for special purpose acquisition company (SPAC) transactions (click here for the...
17 Nov, 2023 Nasdaq Reaffirms Position that a Former SPAC Executive Can Be Considered an Independent Director on Post-Business Combination Board By Giovanni Caruso Earlier this month, Nasdaq reaffirmed and expanded its previous guidance that former SPAC executives can be considered independent...
31 Oct, 2023 Correctly Identifying Electronic Disclosure Submissions to Nasdaq By Giovanni Caruso Earlier this month, Nasdaq put out guidance (FAQ Identification Number 1864) for companies on completing its electronic disclosure form....
06 Oct, 2023 What Not to Base Projections On By Giovanni Caruso The U.S. Securities and Exchange Commission (SEC) has been focused on projections provided in connection with special purpose acquisition...
18 Aug, 2023 Does Failure of Intel Transaction Hint as to China's Position on Cross Border Transactions? By Giovanni Caruso On August 16, 2023, China's anti-trust regulator effectively vetoed a transaction between Intel and Tower Semi-conductor by not approving...
11 Aug, 2023 Will Executive Order Lead to a Response from the CSRC? By Giovanni Caruso On August 9, 2023, President Biden issued an executive order prohibiting Americans from investing in some Chinese industries beginning...
03 Aug, 2023 Are SPAC Extension Terms Improving? By Giovanni Caruso For the last few months, it seems that every day we are seeing additional SPACs seeking to extend their time to complete a business...
12 Jul, 2023 Its Not Just SPACs... By Giovanni Caruso In the last 6-8 months, I think those of us in the SPAC market have noticed a significant disconnect in what potential targets are asking...
07 Jul, 2023 Nasdaq FAQ Complicates Public Company De-SPACs By Giovanni Caruso On July 6, 2023, Nasdaq published a new FAQ related to de-SPAC transactions. Under this FAQ, if the target company in a de-SPAC is...
26 Jun, 2023 What's Next for SPACS? By Mitch Nussbaum SPAC deals have been on fire for 2020 through part of 2022 and have been working through challenges since. With current global economic...