SEC Addresses Five Important Considerations For SPAC Business Combination Transactions - Corporate/Commercial Law
To print this article, all you need is to be registered or login on Mondaq.com. On March 31, 2021, the Securities and Exchange Commission (SEC) provided public statements from Acting Chief Accountant Paul Munter and from the Division of Corporation Finance addressing Special Purpose Acquisition Companies (SPACs). Although each of the statements were distinct and addressed different issues, the primary focus of both was to raise awareness of critical accounting, financial reporting and governance considerations that a private operating company should carefully consider ...