Page 6 - Reporting Considerations News Today

Share this article Share this article NEW YORK, May 11, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS).  Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether AST and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  On April 30, 2021, ...

National Energy Services Reunited Corp. Reports Preliminary Unaudited First Quarter 2021 Financial Results HOUSTON, TX / ACCESSWIRE / May 6, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") and Asia Pacific regions, today reported certain preliminary unaudited financial results for the quarter ended March 31, 2021. The Company post...

NEW YORK, May 6, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether AST and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  - Advertisement - On April 30, 2021, post-market...

Share this article Share this article NEW YORK, May 6, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether AST and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  On April 30, 2021, post...

To embed, copy and paste the code into your website or blog: Reuters is reporting—exclusively—that the SEC is contemplating issuing more guidance that would “rein in growth projections” made by listed SPACs and clarify when the PSLRA would be available to protect SPAC projections, “according to three people with knowledge of the discussions.”  According to Reuters, the SEC guidance “would escalate its crackdown on the deal frenzy” in SPACs and could exacerbate the slowdown tha...

TAKEAWAYS The recent statement by the Staff of the SEC (the Staff Statement) will likely impact almost every SPAC or post-de-SPAC entity with warrants in its structure. SPAC/post-de-SPAC entities should review warrant terms to determine appropriate accounting treatment in light of the recent Staff Statement and assess the materiality of any changes required and if a full restatement is needed. If a correction or full restatement is required, SPAC/post-de-SPAC entities should also consider discl...

Mallard Acquisition Corp. Receives Expected Notice from Nasdaq Regarding Delayed Annual Report April 22, 2021 17:05 ET | Source: Mallard Acquisition Corp. Mallard Acquisition Corp. Cornelius, North Carolina, UNITED STATES NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- Mallard Acquisition Corp. (NASDAQ: MACUU) (the “Company”) announced today that it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Mar...

To embed, copy and paste the code into your website or blog: On April 12, 2021, the U.S. Securities and Exchange Commission (SEC) published a joint statement by John Coates, Acting Director of the Division of Corporation Finance, and Paul Munter, Acting Chief Accountant, which provides their view on the accounting treatment of warrants issued by special purpose acquisition companies (SPACs). This statement, titled  Staff Statement on Accounting and Reporting Considerations for Warrants Issued ...

To embed, copy and paste the code into your website or blog: SPACs seem to be having their moment in the financial world, especially in 2021.  In less than three months, U.S.-based SPACs have raised more money – almost $88 billion – than all SPACs combined in 2020 (which held the previous high for SPAC investment by some margin).  They have even reached a level of societal notoriety, as shown by this week’s cover of New York Magazine.  However, before SPACs and their supporters can car...

To print this article, all you need is to be registered or login on Mondaq.com. SPACs seem to be having their moment in the financial world, especially in 2021.  In less than three months, U.S.-based SPACs have raised more money – almost $88 billion – than all SPACs combined in 2020 (which held the previous high for SPAC investment by some margin).  They have even reached a level of societal notoriety, as shown by this weeks cover of New York Magazine.  However, b...