IN THE NEWS | SPAC Association

SPAC NEWS & WASHINGTON UPDATES

SPACs Need Urgent Relief From Buyback Tax, Industry Says

Published by Chandra Wallace December 15, 2022 With only two weeks to go before the 1 percent excise tax on stock buybacks goes into...

Dec 15, 20222 min read

SPAC Association Sends Letter to House and Senate Committees Regarding the Stock Buyback Excise Tax

On October 26th, the SPAC Association sent the following letter to the House Committee on Ways and Means, House Committee on Financial...

Dec 2, 20222 min read

SPAC Association in The Wall Street Journal: SPAC Sponsors Were Winners Even on Losers

Money managers who oversaw blank-check companies kept making profits even in the face of significant losses to stock investors Published...

Dec 2, 20223 min read

POLITICO Morning Money: Big game trophies’ feel heat from Trump SPAC probe

Published by Kate Davidson Washington policymakers have signaled for months that they take a skeptical view of special purpose...

Dec 7, 20213 min read

SPAC Association Opposes Excise Tax Proposals On Stock Buybacks As Part Of Build Back Better

Press Release WASHINGTON, D.C. – On November 19th, the House passed the Build Back Better (BBB) tax and spending proposal which includes...

Dec 3, 20211 min read

SPAC Association Opposes Excise Tax Proposals on Stock Buybacks as Part of Build Back Better Bill

Published by DealFlow's SPAC News The SPAC Association in a Dec. 3 statement said it opposes provisions of the Build Back Better bill,...

Dec 3, 20211 min read

Law360: Congress Adds Fuel To SEC's Ambitions To Regulate SPACs

Published by Tom Zanki Congressional efforts to toughen rules governing special purpose acquisition companies have picked up steam, a...

Nov 19, 20212 min read

SPAC Association Releases Memo on House Financial Services Committee Markup of H.R. 5910 and H.R. 59

Memo Across the country, innovative companies have been able to access capital, provide retail investors with new opportunities, and...

Nov 17, 20213 min read

The Big SPAC Crackdown

Published by Michelle Celarier Photo: Justin Lane/EPA-EFE/Shutterstock In the wild world of SPACs, the Stable Road Acquisition Corp....

Sep 8, 20212 min read

SPAC Association Launches in Washington to Represent Industry Participants With Policymakers

Press Release Today, participants in the SPAC industry launched a new trade association—the “SPAC Association”—to represent stakeholders...

Jul 15, 20212 min read

POLITICO Influence: SPACs form a trade group

Published by Caitlin Oprysko With Daniel Lippman SPACs STRIKE BACK: As financial regulators and lawmakers begin to take a closer look at...

Jul 15, 20212 min read

POLITICO Morning Money: The future of work is ... a mess

Published by Ben White and Aubree Eliza Weaver NEW THIS AM — Per release: “Today, participants in the SPAC industry launched a new trade...

Jul 15, 20211 min read

SEC: SEC Charges SPAC, Sponsor, Merger Target, and CEOs for Misleading Disclosures Ahead of Proposed

Press Release The Securities and Exchange Commission today announced charges against special purpose acquisition corporation Stable Road...

Jul 13, 20214 min read

SPAC Alpha: US SPAC Monitor

Published by SPAC Alpha This Presentation (the “Presentation”) is provided on a strictly informational basis only. By reviewing or...

Jul 12, 20213 min read

CNN: SPAC Hot Streak Put on Ice by Regulatory Warnings

Published by Carmen Reinicke Early in 2021, SPACs, or special purpose acquisition companies, raised record amounts of money to take...

Jun 2, 20212 min read

Are SPACS Here To Stay or Will Regulation Destroy Them?

Published by Jaya Harrar Special Purpose Acquisition Companies (SPACs) have been all the rage recently. In fact, there were $166 billion...

May 27, 20212 min read

SPAC Hot Streak Put on Ice by Regulatory Warnings

Published by Dave Michaels, Amrith Ramkumar and Alexander Osipovich Investors are cooling to one of the hottest bets on Wall Street as...

Apr 16, 20212 min read