SEC’s New Disclosure Rules Impact SPACs and Target Companies

Almost two years after the publication of proposed rules (the Proposed Rules) on March 30, 2022, the SEC has adopted final rules (the Final Rules) to enhance disclosure and expand liability in initial public offerings by special purpose acquisition companies and in business combination transactions (de-SPAC transactions) involving SPACs and private operating companies (targets).
Source: SEC’s New Disclosure Rules Impact SPACs and Target Companies