In the run-up to tighter regulatory scrutiny introduced a few years ago, SPAC merger candidates could also publish detailed long-term forecasts to drum up investor support. Many of those financial ...
SPACs are back in a big way in 2025, with 91 new SPAC IPOs raising $16.5 billion so far, up threefold from 34 new SPACs that raised $5.3 billion in the same period last year. In fact, SPACs have ...
At least two hedge funds sold their stakes in Digital World Acquisition Corp. after that SPAC firm announced plans to merge with former President Donald Trump's planned social media platform.
The SEC sanctioned a California advisor for hiding conflicts of interest while investing $160 million of client money in a SPAC deal. The Securities and Exchange Commission announced on January 16 ...