SEC Slaps SPAC for Hiding Preliminary M&A Talks: Lessons for Other Public Companies | SPAC Feed

SEC Slaps SPAC for Hiding Preliminary M&A Talks: Lessons for Other Public Companies | SPAC Feed

צומת המקור: 2471646

On January 25, 2024, the SEC announced the settlement of cease-and-desist proceedings against northern star investment corp. ii, a special purpose acquisition company (SPAC). The SEC alleged that the company failed to disclose preliminary de-SPAC negotiations with a target company in its הנפקה prospectus and falsely disclosed that it had not identified any potential targets or engaged in substantive discussions.

מקור: SEC Slaps SPAC for Hiding Preliminary M&A Talks: Lessons for Other Public Companies

בול זמן:

עוד מ עדכון SPAC