One of the silver linings of the pandemic has been that location is not a restraint on investment when it comes to investing in venture capital with investors seeing venture opportunities springing up in all corners of the world.
UpHealth and GigCapital2 Announce Closing of Business Combinations streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Gary Gensler of the SEC remarked that capital markets are witnessing an unprecedented surge in non-traditional IPOs by special purpose acquisition companies, or SPACs. The SEC has already received 700 S-1 filings in 2021, compared to 13 such filings in all of 2016.
Regarding Delayed Filing of Quarterly Report Palo Alto, CA June 4, 2021 On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the SEC ) together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies ( SPACs ) (the SEC Staff Statement ). As previously disclosed, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the SEC Staff Statement and Accounting Standards Codification ( ASC ) 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity, KINS Technology Group, Inc. (the Company ) was unable to complete and file its Quarterly Report on Form 10-Q for the fiscal quarter ende