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House Releases Draft Legislation Eliminating SPAC Safe Harbor for Forward Looking Statements

The rise of special purpose acquisition companies (SPACs) as a popular alternative structure for taking a company public in the past year has caused increased regulatory scrutiny surrounding the SPAC structure. On May 24,...more

Financial Projections in SPAC Transactions: Mitigating Class Action Litigation Risk

Special purpose acquisition companies (SPACs) are increasingly being used as an alternate vehicle to traditional initial public offerings. Companies that go public through a traditional IPO process are often subject to...more

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