SPAC Act Introduced in the Senate
By EsqSocial Corporation 04/05/21
On April 29, 2021, Sen. John Kennedy (R) introduced the Sponsor Promote and Compensation (SPAC) Act (the “bill”), which would require the SEC to issue rules requiring enhanced disclosures for blank check companies, including SPACs, during the IPO and pre-merger stages....
By: Mayer Brown Free Writings + Perspectives