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The Future of SPACs: Increasing Litigation and Regulation | Morgan Lewis

So far in 2021, we have seen more than 500 Special Purpose Acquisition Companies (SPACs) go public and raise more than $123 billion, and more than 160 of these “blank check firms”.

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Congress Targets SPAC Founder Shares

Under new draft legislation, brokers would not be able to recommend deals to retail investors when sponsors get more than 5 percent of the SPAC.

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Jobs report, Tesla meeting, Facebook whistleblower top week ahead

The monthly jobs report is just one of the main events in the coming week, along with a key Tesla meeting.

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Lordstown Motors Will Work With Foxconn, a Contract Manufacturer

Lordstown Motors Will Work With Foxconn, a Contract Manufacturer
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Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest

Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
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