Web17 Nov 2009 · Abstract. Proposes that the underpricing of securities in initial public offerings (IPOs) serves as insurance against legal liability and reputation damage on the … Web31 Mar 2016 · Conclusion. Because the reasonableness inquiry is fact-specific, the courts have not provided clear guidance to underwriters as to what steps will be sufficient to satisfy the due diligence defense. Such guidance has become even more important in …
Breakdown of the SEC
Web17 Jul 2024 · General Manager UK at FREE NOW, Europe’s mobility super app. I launched the first major London competitor to Uber, Kapten, in 2024 and later successfully merged it with a black-cab app, former MyTaxi, restructured it during the pandemic, brought it to new revenue and profitability heights while navigating a very complex regulatory environment. … Web6 Apr 2024 · Underwriter Status and Liability in a de-Spac Transaction. The proposed rules would deem underwriters of a SPAC’s IPO that take steps to facilitate the de-SPAC … macarthur shopping centre nsw
SEC Proposes New SPAC Regulatory Regime - Gunderson Dettmer
Web26 Apr 2024 · Importantly, the SEC cautions that Rule 140a, as proposed, addresses the underwriter status of only the SPAC IPO underwriter in the context of a de-SPAC transaction, and is not intended to provide an exhaustive assessment of underwriter liability in de-SPAC transactions, or in any way to limit the statutory definition of an “underwriter” under the … Web7 Apr 2024 · SEC Proposed Rule Release 33-11048: Special Purpose Acquisition Companies, Shell Companies, and Projections. On March 30, 2024, the U.S. Securities and Exchange Commission (SEC) proposed a series of rules and amendments that would align the disclosure and liability regimes for companies going public through a combination with a … Web30 Mar 2024 · Specifically, the SEC’s proposal touched on three main points: enhancing disclosure, use of projections/underwriter liability, and the Investment Company Act of … kitchenaid hand mixer 7 speed manual