Regulation
Cantor Fitzgerald Settles SEC Charges Over Misleading SPAC Disclosures
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
Tag: special purpose acquisition companies
Risk
SPACs Get More Bad News as Several Close
The pullbacks of Palihapitiya, Ackman and other investors illustrate the blank-check companies’ rough road.
Buyout Deadlines: Hundreds of SPACs Face Shutdowns if They Can’t Deliver
The mauled blank check funds have a ticking clock: Deliver promised acquisitions or be liquidated.
Good SPAC, Bad SPAC: How the Jiffy IPO Method Is Regaining Favor
Ever since the SEC’s spring crackdown, these once-popular investments have wilted. But their excesses are being leached away.
Asset Allocation
So, SPACs Are Dead Meat? Not a Chance
The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say.
Market Moves
Some SPACs Just Plain Stink, Warns Investing Hotshot Barry Sternlicht
The Starwood chief, who has his own blank check fund, thinks amateurs are taking advantage of the fad, to investors’ detriment.