Proposed Rules for Special Purpose Acquisition Companies, Shell Companies, and Projections: Client Alert Digest

Summary

This client alert digest discusses the proposed rules and rule amendments issued by the Securities and Exchange Commission (SEC) on March 30, 2022, intended to enhance investor protections in initial public offerings (IPOs) by special purpose acquisition companies (SPACs) and in subsequent business combination transactions between SPACs and private operating companies (de-SPAC transactions). This digest includes links to law firm client alerts and memorandums discussing the proposals, as well as related content in Practical Guidance.