Gilon Fogel

Mar 13, 2024 | mondaq.com | Andrew Zuckerman |Haley Gorey |Gilon Fogel

Los Angeles, Calif./Fort Lauderdale, Fla. (March 5, 2024) - On January 24, 2024, the U.S. Securities and Exchange Commission ("SEC") adopted new rules relating to initial public offerings ("IPOs") of special purpose acquisition companies ("SPACs") and the subsequent combination of SPACs with target companies ("de-SPAC transactions"). The new rules adopted by the SEC seek to enhance disclosures and provide additional investor protections in SPAC and de-SPAC transactions.