SEC Adopts Tough New Rules for SPACS: New Guidance for All Companies on Projections

On January 24, 2024, the approved by a 3-2 vote  to substantially change the disclosure and liability regime governing , including transactions, or “SPAC target ” as referred to by Chairman Gensler.
Source: SEC Adopts Tough New Rules for SPACS: New Guidance for All Companies on Projections