Posts
September 27 2021
Hong Kong’s planned SPAC rules could give it an edge in attracting Chinese tech, biotech firms
Hong Kong’s proposed listing rules for special purpose acquisition companies (SPACs) could give it extra firepower in the race to attract Chinese new economy companies and biotechnology firms, according to deal makers and market observers.
www.finance.yahoo.com
September 27 2021
Analysis: Europe’s IPO market roars back to life but where are the SPACs?
European stock market listings have come back with a bang after the summer lull but blank cheque firms are nowhere to be seen.
www.reuters.com
September 27 2021
Leonardo DiCaprio-Backed Polestar Valued at $20 Billion in SPAC Deal
Polestar, the electric-vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.
www.bloomberg.com
September 24 2021
Client Alert: Update To Mask Requirements Under NY Hero Act
As per our previous Client Alert, the NY HERO Act required all employers to implement and distribute a Prevention Plan that would apply to future infectious disease outbreaks, and then on September 6, 2021, NY Governor Hochul announced that the requirements of the HERO Act would now apply to COVID-19.
Click here to read the alert.
September 23 2021
Elizabeth Warren and Democrats Are Going After SPAC Kingpins
Elizabeth Warren and other Senate Democrats are targeting some of the biggest names behind SPACs, questioning whether the once red-hot market will trigger outsized losses for retail investors.
www.yahoo.finance.com
September 22 2021
Germany’s answer to AirBnB hopes to spark a SPAC boom in Europe
Germany’s HomeToGo celebrated its debut on the Frankfurt stock exchange on Wednesday via a special purpose acquisition vehicle, a blank check firm. Experts are following the performance closely to see if it could finally trigger a SPAC boom among the country’s often risk-averse investors.
www.fortune.com
September 22 2021
Argus Capital, Media-Focused SPAC Led By Former CBS Brass, Has IPO
Argus Capital Corp., a special-purpose acquisition company created by former CBS CEO Joe Ianniello, head of CBS Interactive Marc DeBevoise and other CBS alums, has gone public.
www.deadline.com
September 20 2021
Malaysia to Review SPACs Rules to Profit From Blockbuster Deals
Malaysia is reviewing its framework for special purpose acquisition companies, or SPACs, amid a surge in demand for such fundraising vehicles globally, according to the nation’s markets regulator.
www.bloomberg.com