Notice: Electronic Filing of Forms 144 with the SEC – Securities

Modern De-SPAC and the Way Forward - Securities

October 20, 2023 Seward & Kissel You only need to register or log in to Mondaq.com to print this article. Form 144 provides notice to the U.S. Securities and Exchange Commission (“SEC”) of a proposed sale of securities by an affiliate of the issuer pursuant to Rule 144 of the U.S. Securities Act … Read more

Notice: Amended Share Repurchase Disclosure Requirements – Securities

Modern De-SPAC and the Way Forward - Securities

Memorandum for our capital markets clients On May 3, 2023, the U.S. Securities and Exchange Commission (the “SEC”) adopted final amendments to the rules and regulations under the Securities Exchange Act of 1934 (the “Exchange Act”) to add disclosure requirements regarding with redemptions of common securities of the issuer. equity securities. Importantly, these changes apply … Read more

Modern De-SPAC and the Way Forward – Securities

Modern De-SPAC and the Way Forward - Securities

October 20, 2023 Seward & Kissel You only need to register or log in to Mondaq.com to print this article. I Background of SPACs and de-SPACs A special purpose acquisition company, or SPAC, is a publicly traded company with no operations, products, or assets. Unlike an initial public offering (IPO) of a traditional public company, … Read more