News & Analysis as of

Section 145 Regulation S-K Investment Company Act of 1940

BCLP

SEC Adopts Tough New Rules for SPACS: New Guidance for All Companies on Projections

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On January 24, 2024, the SEC approved by a 3-2 vote new rules to substantially change the disclosure and liability regime governing SPACs, including de-SPAC transactions, or “SPAC target IPOs” as referred to by Chairman...more

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