Streak Put News Today

To print this article, all you need is to be registered or login on Mondaq.com. In Mintzs recent article-"Public Benefit Corporations are Going Public,"-we predicted that, as Special Purpose Acquisition Companies ("SPACs") reemerge as an alternative to initial public offerings ("IPOs"), Public Benefit Corporations ("PBCs") would start going public through the SPAC process. Not surprisingly, two PBCs have recently done just that, and it seems certain that more PBCs will f...

Wednesday, April 21, 2021 In Mintz’s recent article—“Public Benefit Corporations are Going Public,”—we predicted that, as Special Purpose Acquisition Companies (“SPACs”) reemerge as an alternative to initial public offerings (“IPOs”), Public Benefit Corporations (“PBCs”) would start going public through the SPAC process. Not surprisingly, two PBCs have recently done just that, and it seems certain that more PBCs will follow. It is important to note, however, tha...

David Einhorn Makes It Through Quarterly Letter About ‘Breaking Markets’ Without Mentioning SPACs Maybe because the SPAC cops are the only regulators left on a beat. Author: Maybe because the SPAC cops are the only regulators left on a beat. “For the most part, there is no cop on the beat,” Einhorn wrote. “It’s as if there are no financial fraud prosecutors; companies and managements that are emboldened enough to engage in malfeasance have little to fear….” “From a tradi...

~~~~~~~~~~~~~~~~~~~~~~~~~~ That’s kind of brilliant, and turning toilet water into a banana split is sweet revenge over fire served cold. But who is going to mind the buffers? Newsom can’t admit we’re in a drought as the one screwup not his fault, could be the straw that broke the camel’s back if there’s a recall election, funny that. Talking wildfires, you never know how its going to turn out. Last year was a disaster, while the year before was no big deal. This one has me worried as...