The SEC’s quandary is trying to solve a problem of incentives with a toolkit consisting exclusively of disclosure and enforcement actions.
The electric vehicle pickup truck maker issued a "going concern" warning, disclosing it didn't have the funds to start commercial production.
“Now was the time to go public to accelerate our growth and get the tools of responsible wealth-making in everyone’s hands as fast as possible."
The restatements follow new SEC guidance on how SPACs should account for the warrants that they typically issue as part of initial public offerings.
The merger with Fifth Wall Acquisition values the smart home technology company at $2.2 billion.
Warrants could soon be considered liabilities instead of equity for accounting purposes.
The office-sharing startup is capitalizing on the SPAC boom following investor rejection of the IPO due to its losses.
“Celebrities, like anyone else, can be lured into participating in a risky investment or may be better able to sustain the risk of loss.”
Hindenburg Research faulted the insurer for not disclosing it was under investigation by the U.S. Department of Justice.
Indie Semiconductor will go public through a blank-check merger to raise capital for its expansion efforts.
The company's Class I van will have the same price as gas vehicles and also 20% more cargo space, which could make it attractive to delivery companies.
AvePoint is estimating revenue to grow 26% year-over-year to $148 million for fiscal 2020.
