SEC Adopts Amendments to the SPAC and de-SPAC Disclosure and Investor Protection Rules

On March 30, 2022, the Securities and Exchange Commission (SEC) proposed amendments to the rules governing disclosures and investor protections in initial public offerings (IPOs) by special purpose acquisition companies (SPACs) and in subsequent business combination transactions between SPACs and target companies (de-SPAC transactions). On January 24, 2024, the SEC considered and adopted the proposed amendments to the enhanced SPAC and de-SPAC disclosures. READ MORE