Regulation
Proposed SEC Rules Look to Shed Light on Opaque SPAC Deals
Regulator aims to protect vulnerable investors from being left holding the bag after insiders have ‘cashed out.’
Tag: special purpose acquisition company
Asset Allocation
Apollo Might Launch $500 Million SPAC Fund
The private equity firm reportedly will use the investment vehicle to buy stakes in IPOs and founders’ shares.
Are SPACs Too Good to Be True?
The blank check outfits sure are popular. But issuers have the upper hand over investors, performance is a mixed bag, and they face possible tough competition.
Newsmakers
GCM Grosvenor Merges with SPAC to Go Public
Interest in the so-called ‘blank check’ companies has surged during the pandemic from investors seeking easier ways to fund IPOs.