13Jan
Recent SPAC Litigation Tied To Short Seller Scrutiny
2020 was the year of the special purpose acquisition company (“SPAC”), with over $ 70 billion raised in deal value, a five-fold increase over 2019. SPACs are a large, growing and ebullient market. A SPAC is a shell company with no operations that raises capital in an initial public offering (“IPO”) for the purpose of merging with and taking public an unspecified existing company. SPACs can be a faster and more efficient method of going public, compared to the conventional direct or underwritten...
By:
Quinn Emanuel Urquhart & Sullivan, LLP
Source Url: https://www.jdsupra.com/legalnews/recent-spac-litigation-tied-to-short-6974588/
Related
Dear YouDig? We are a commercial design builder. We strive for greatness in all of our work. Even s...
Read More >
In today’s edition of Daily Compliance News: CEOs need to regain American’s trust. (Houston Chron...
Read More >
On June 3, 2019, the U.S. District Court for the Southern District of New York granted a defendant-e...
Read More >
Hot on the heels of recent updates to the DIFC employment law, DIFC Employment Law No. 2 of 2019, th...
Read More >
The Department of Homeland Security (DHS) published the Inadmissibility on Public Charge Grounds rul...
Read More >
Resources - Florida Supreme Court Amends Summary Judgment Procedural Rule to Mirror Federal Doctri...
Read More >