On January 24, 2024, the U.S. Securities and Exchange Commission (“SEC”) approved final rules relating to special purpose acquisition companies (“SPACs”). The final rules follow the SEC’s issuance of proposed rules on March...more
1/26/2024
/ Disclosure Requirements ,
Division of Corporate Finance ,
Final Rules ,
Initial Public Offering (IPO) ,
Investment Company Act of 1940 ,
PSLRA ,
Safe Harbors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Special Purpose Acquisition Companies (SPACs) ,
Underwriting
The Securities and Exchange Commission (“SEC”) recently brought two enforcement actions against public companies regarding related party transaction (“RPT”) disclosures. The actions against Lyft and Maximus should remind...more
9/26/2023
/ Best Practices ,
Corporate Counsel ,
Disclosure Requirements ,
Enforcement Actions ,
Failure To Disclose ,
Form 10-K ,
Lyft ,
Publicly-Traded Companies ,
Related Parties ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
SPVs
Public REITs should take steps to enhance their financial reporting processes to ensure that they will be able to provide daily quantitative share repurchase information and comply with additional new disclosure requirements...more
On August 25, 2022, the Securities and Exchange Commission (the “SEC”) announced that it adopted a final rule requiring companies to disclose information that is intended to reflect the relationship between compensation paid...more
9/14/2022
/ CD&A ,
Compensation ,
Disclosure Requirements ,
Emerging Growth Companies ,
Executive Compensation ,
Foreign Private Issuers ,
GAAP ,
Pay-for-Performance ,
Principal Executive Officer ,
Regulation S-K ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Shareholders ,
Smaller Reporting Companies ,
Total Shareholder Return (TSR)
On March 30, 2022, the commissioners of the Securities and Exchange Commission (“SEC”) approved much-anticipated proposed rules relating to special purpose acquisition companies (“SPACs”)....more