Posts tagged Blank-check companies.
Following withdrawal of its prior proposal to the SEC, the NYSE again seeks to ease certain listing standards for SPACs, which have seen a resurgence in recent years.
Despite the withdrawal of their proposals to the SEC, the Exchanges continue to see healthy gains by SPACs and their sponsors.
In an exceptionally thoughtful column using the recent Social Capital Hedosophia SPAC IPO as his test case, author James Mackintosh suggests it's time to fix IPOs with smarter lock-ups, an auction process variant for price setting and more say by issuers over who gets stock.