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SEC’s New Rules Give SPACs, Target Companies Much to Consider

JD Supra: Mergers

Securities and Exchange Commission (the “SEC”) adopted new final rules relating to special purpose acquisition companies (“SPACs”). The new rules affect both initial public offerings (“IPOs”) for SPACs and so-called “de-SPAC” transactions involving target companies who enter into a business combination with SPACs.

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SEC Adopts Final Rules Related to SPAC IPOs and DeSPAC Transactions

JD Supra: Mergers

Securities and Exchange Commission (SEC) adopted final rules (the “Final Rules”) related to special purpose acquisition companies (SPACs) and de-SPAC transactions.[1] Securities and Exchange Commission (SEC) adopted final rules (the “Final Rules”) related to special purpose acquisition companies (SPACs) and de-SPAC transactions.[1]

IPO 183
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Guide to D&O Insurance for SPAC IPOs, 2024 Edition

JD Supra: Mergers

As they go through their initial public offering (IPO) and the subsequent merger & acquisition (M&A) process, special purpose acquisition companies (SPACs) face many regulatory, legal, and business hurdles.

IPO 165
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SEC Adopts Final Rules to Enhance Disclosures and Investor Protections Relating to Special Purpose Acquisition Companies (SPACs) and De-SPAC Transactions

JD Supra: Mergers

On January 24, 2024, the Securities and Exchange Commission (“SEC”) adopted final rules (the “Final Rules”) to enhance disclosure and investor protection in initial public offerings (“IPOs”) by special purpose acquisition companies (“SPACs”) and in business combination transactions involving shell companies, such as SPACs, and private operating companies (..)

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Guide to D&O Insurance for SPAC IPOs, 2023 Edition

JD Supra: Mergers

As they go through their initial public offering (IPO) and the subsequent merger & acquisition (M&A) process, special purpose acquisition companies (SPACs) face many regulatory, legal, and business hurdles.

IPO 137
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SEC Adopts Final Rules Relating to SPACs, Shell Companies, and De-SPAC Transactions

JD Supra: Mergers

Securities and Exchange Commission (the “SEC”) adopted new rules and guidance affecting initial public offerings (“IPOs”) of special purpose acquisition companies (“SPACs”) and business combinations between SPACs and private company targets (“de-SPAC transactions”). On January 24, 2024, the U.S.

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Disclosure of Preliminary Merger Negotiations: Are SPACs Different?

Deal Lawyers

Last week, the SEC announced settled enforcement proceedings against Cantor Fitzgerald for its alleged role in causing two SPACs that it controlled to make misleading statements to investors about the status of their discussions with potential acquisition targets ahead of their initial public offerings (IPOs).