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April 6, 2022 | by Drew Bernstein, Co-Chairman, MBP
At an open meeting on March 30, 2022, the Securities and Exchange Commission proposed far-reaching changes to the regulations of special purpose acquisition companies, or SPACs, that could eliminate many of the advantages the vehicles have enjoyed over traditional IPOs.
February 8, 2022 | by Drew Bernstein, Co-Chairman, MBP
Heading into the audit season for 2021 financial reports, expect independent public accountants to take a hard look at how many of the bumper crop of special purpose acquisition companies (SPACs) are likely to be still viable twelve months from now.
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