An SEC warning about SPAC accounting errors has not only chilled the red-hot market but triggered the first of what could be a flood of financial restatements by the popular blank-check companies.
Newly public chain BurgerFi gets a non-compliance alert from Nasdaq
But the burger brand said its delay in filing its 10-K form is due to new reporting requirements for SPACs and that it will get its paperwork in on time.