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
In a recent posting on the Harvard Law School Forum on Corporate Governance and Financial Regulation...
Read More >
In a bipartisan 251 to 158 vote, the House of Representatives passed H.R. 1309, which would require ...
Read More >
On December 19, 2019, the Senate passed, as part of the Further Consolidated Appropriations Act 2020...
Read More >
While some have been enjoying the return of baseball, albeit without fans in the stands, the Oakland...
Read More >
In this episode of Life with GDPR, Jonathan Armstrong and Tom Fox are back to discuss the role of ve...
Read More >
Under Connecticut law, the “Safe Harbor” provision of C.G.S. § 31-294c (b) has widely been interp...
Read More >