SPACs – Hedging Risks in Light of SEC’s Urge for Market Slowdown
By EsqSocial Corporation 19/05/21
Special purpose acquisition companies (SPACs), or “blank check” companies, have been one of the most popular investments and investment vehicles over the past year – an alarming 308 SPACs have gone public since the start of 2021. In particular, SPACs have played a major role in supporting the marijuana funding boom since the cannabis industry faced a drought in late 2019. In just the first three months of this year, three SPAC initial public offerings have totaled over $570 million....
By: Burns & Levinson LLP