SEC's SPAC Rules Set to Limit Rosy Projections That Fueled Mania
(Bloomberg) -- At the height of the SPAC boom, liberated startups capitalized on the ability to tout lofty goals about the years ahead without much of a risk of legal fallout.Most Read from BloombergMusk Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainTech Giants Slide in Late Trading After Earnings: Markets WrapUPS CEO Kicks Off Productivity Drive by Cutting 12,000 ManagersMicrosoft Sales Top Estimates; Cloud Growth Disapp...
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Source: yahoo.com