Tagged: spacs

August 24, 2026 @ 12:07 pm By JD Alois  |  

What You’ll Learn What it takes to operate as a reporting company, and the legal, governance, and disclosure obligations most private companies underestimate. How SEC disclosure and governance requirements reshape corporate structure, including cap table clean-up, board composition, and committee requirements. The accounting and audit… Read More

July 2, 2026 @ 1:12 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published an update on markets during the first quarter of 2026. The SEC holds a mission of maintaining efficient markets, facilitating capital formation and the protection of investors. During the prior administration more emphasis was placed on investor… Read More

June 17, 2026 @ 11:04 am By JD Alois  |  

Special Purpose Acquisition Companies, or SPACs, have experienced a resurgence in deals and listings. From 2022 to 2024, the SPAC market was moribund, but 2025 brought renewed activity that continues into 2026. Part of this is due to new leadership at the Securities and Exchange… Read More

February 9, 2026 @ 11:45 am By Omar Faridi  |  

Caitlyn Van Valin from Odyssey Trust has indicated that as we step into 2026, the Special Purpose Acquisition Company (SPAC) landscape is undergoing a significant transformation, moving beyond its volatile history toward a more stable and professional era. The early 2020s saw an explosive surge,… Read More

September 25, 2025 @ 11:19 am By Omar Faridi  |  

ReserveOne has submitted key documents to the U.S. Securities and Exchange Commission (SEC). The filing may pave the way for a merger with M3-Brigade Acquisition V Corp., a Nasdaq-listed special purpose acquisition company (SPAC). This transaction is poised to unlock over $1 billion in funding,… Read More

December 13, 2024 @ 11:17 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission charged Cantor Fitzgerald, LP, and two Special Purpose Acquisition companies (SPACs) it controlled with “making misleading statements to investors ahead of their initial public offerings (IPOs).” SPACs are companies that go public with the intent to acquire a private… Read More

March 4, 2024 @ 12:40 am By Omar Faridi  |  

Online investing platform Webull is reportedly planning to go public through a potential $7.3 billion merger with a blank-cheque company. Webull intends to list on the Nasdaq during the second half of 2024. This, after reportedly agreeing to a definitive deal with special purpose acquisition… Read More

March 1, 2024 @ 2:23 am By Omar Faridi  |  

Finfront Holding Company, a digital asset mining service and cloud-mining service provider, and Arisz Acquisition Corp. (ARIZ), a publicly-traded special purpose acquisition company, announced that they have completed their previously announced business combination. The listed company following the Business Combination is BitFuFu Inc., and its… Read More

January 24, 2024 @ 11:09 am By JD Alois  |  

Today, at an open meeting, the Securities and Exchange Commission (SEC) revealed new rules that will cover SPACs or Special Purpose Acquisition Companies. SPACs are “blank check” firms that are public firms that are created to enact a merger or acquisition of another firm. As… Read More

August 24, 2023 @ 8:06 am By Omar Faridi  |  

Better HoldCo, Inc.  and Aurora Acquisition Corp., a special purpose acquisition company , announced the closing of the previously announced business combination that results in the creation of Better Home & Finance Holding Company, “a publicly traded company with Class A common stock and warrants… Read More

July 18, 2023 @ 7:17 pm By JD Alois  |  

SPACs, or special purpose acquisition companies, are at a four-year low for initial public offerings (IPOs), according to S&P Global Market Intelligence. SPACs hit a quarterly high in the number of offerings in Q1 of 2021. For deal amounts, SPACs topped $92 billion that same… Read More

July 4, 2023 @ 12:17 pm By Omar Faridi  |  

Lux Vending, LLC dba Bitcoin Depot, a U.S.-based Bitcoin ATM operator and fintech company, and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM), a special purpose acquisition company, announced the successful closing of their previously announced business combination. The Business Combination was “approved at a special… Read More

June 21, 2023 @ 1:00 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed an enforcement action against audit firm Marcum LLP regarding its audit work for “hundreds” of SPACs. Marcum has settled the matter without admitting or denying the SEC’s findings, paying a $10 million penalty while agreeing to remedial… Read More

February 28, 2023 @ 5:56 pm By JD Alois  |  

  The SEC Small Business Capital Formation Advisory Committee (SBCFAC) was created by Congress in recognition that smaller firms too frequently did not garner the support they need. The Committee formally provides feedback to the Commission and, ostensibly, the SEC should be reviewing and pursuing… Read More

February 6, 2023 @ 10:00 pm By JD Alois  |  

Doug Ellenoff, the managing partner of Ellenoff, Grossman, and Schole (EGS) – a Manhattan-based law firm, has been a supporter of innovation in financial services for many years now. A staunch proponent of the JOBS Act of 2012 before it became law, Ellenoff is a… Read More

November 30, 2022 @ 10:47 am By JD Alois  |  

  The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), has posted two letters advising the Commission on key policy goals that impact capital formation, especially for smaller – private firms. The Committee is the creation of the SEC Small Business… Read More

November 15, 2022 @ 10:20 am By JD Alois  |  

SPACs, or special purpose acquisition companies, boomed in 2021. This year, the story is rather different. According to data compiled by S&P Global Market Intelligence, through Q3 2022, there have been 78 SPAC initial public offerings (IPOs). This compares to 444 for the nine-month period… Read More

August 19, 2022 @ 4:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), is telling the Commission to help SPACs [Special Purposed Acquisition Companies] work – not shut them down by over-regulating. Posted last month, in a letter to Chairman Gary Gensler, the SBCFAC stated:… Read More

August 5, 2022 @ 7:17 pm By Omar Faridi  |  

Plastiq Inc., the B2B payment platform powering the small and midsize business economy, and Colonnade Acquisition Corp. II (NYSE: CLAA) a publicly traded special purpose acquisition company,  announced that they have “entered into a definitive agreement and plan of merger.” The combined company will “continue… Read More

May 9, 2022 @ 5:26 pm By JD Alois  |  

SPACs, once red hot topping the traditional IPO market, have dimmed in recent months as the Securities and Exchange Commission has proposed new rules that may make the financing vehicle less viable. Today, the most prominent investment bank in the US, Goldman Sachs (NYSE:GS), has… Read More