blank check company

SEC Chief Outlines Possible SPAC Reforms
Risk & Compliance

SEC Chief Outlines Possible SPAC Reforms

“Functionally, the SPAC target IPO is akin to a traditional IPO. Thus, investors deserve the protections they receive from traditional IPOs."
By Matthew Heller | December 9, 2021
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Special Report: SPACs — They’re Back
Credit & Capital

Special Report: SPACs — They’re Back

Fueled by piles of capital, special-purpose acquisition companies want to take your company public. But are they the best route to a listing?
By Vincent Ryan | December 3, 2020
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Bill Ackman Files for Largest-Ever SPAC Offering
IPOs

Bill Ackman Files for Largest-Ever SPAC Offering

The investor is betting that blank-check mergers continue to be an attractive alternative to traditional IPOs amid the current market volatility.
By Matthew Heller | June 24, 2020
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DraftKings to Go Public Through Blank Check Deal
M&A

DraftKings to Go Public Through Blank Check Deal

The deal will create the “only vertically-integrated pure-play sports betting and online gaming company based in the United States.”
By Matthew Heller | December 23, 2019
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Israeli Company Defrauds SPAC Investors
Regulation

Israeli Company Defrauds SPAC Investors

To get a merger approved, the company, Ability, and two of its executives lied to investors about a "game changing" product, says the SEC.
By Vincent Ryan | June 21, 2019
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Attorneys Charged in $6M Microcap Fraud
Risk & Compliance

Attorneys Charged in $6M Microcap Fraud

The SEC says the lawyers played a "crucial role" in passing off at least 22 shell companies as legitimate startups.
By Matthew Heller | October 12, 2017
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Promoter Accused of $2M Shell Company Scam
Risk & Compliance

Promoter Accused of $2M Shell Company Scam

The SEC says Sheldon Rose sold more than a dozen blank check companies disguised as promising startups to investors.
By Matthew Heller | September 22, 2016
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Ten Accused of Elaborate ‘Blank Check’ Company Fraud
Risk Management

Ten Accused of Elaborate ‘Blank Check’ Company Fraud

In the scheme, the SEC charges, the accused created as many as 22 blank check companies and passed them off as legitimate business enterprises.
By Matthew Heller | April 17, 2015
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