MB Microtalk: An Overview Of Special Purpose Acquisition Companies (SPACs)
In this MB Microtalk, we provide a brief overview of special purpose acquisition companies (SPACs).
Originally Published by Mayer Brown, November 2020
SEC’s Proposed Overhaul to the Definition of an Accredited Investor
In June 2019, the Securities and Exchange Commission (the SEC) published a concept release (the Concept Release) that sought public comment on how to improve the framework for private securities offerings under the Securities Act of 1933 (the 1933 Act), with the goal of encouraging capital formation as well as opening up investment opportunities to a broader group of investors. After receipt and consideration of comments on the Concept Release, on December 18, 2019, the SEC […]
A Reminder To Comply With Corporate Formalities
Over the next few months, boards and board committees will be making many decisions and taking many actions. It seems like a good time to remind folks about the necessity of following corporate formalities. In a books and record request case decided by the Delaware Supreme Court earlier this year, KT4 Partners LLC v. Palantir Technologies Inc., 203 A.3d 738 (2019), the court ordered the company to turn over emails and other electronic communications relating […]