Was it SPAC week? SEC charges SPAC with misleading statements | SPAC Feed

Perfectly calibrated to slap an exclamation point on last Wednesday’s 581-page SPAC release (see this PubCo post), this new SEC Order, posted the following day, reflects settled charges against Northern Star Investment Corp. II, a SPAC, for misleading statements in its SEC filings in connection with its SPAC IPO and failed de-spac transaction. In the SPAC release, the SEC noted concerns from commentators regarding the adequacy of the disclosures provided to investors in spac ipos and de-SPAC transactions.

Source: Was it SPAC week? SEC charges SPAC with misleading statements

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• Source: https://spacfeed.com/was-it-spac-week-sec-charges-spac-with-misleading-statements