The video provides further detail on the statement issued by the Staff of the Division of Corporation Finance, which notes considerations that private companies should keep in mind before entering into an initial business combination with a SPAC. Additionally, Anna discusses details related to the statement issued by the Office of the Chief Accountant also directed at private companies, as well as their boards and audit committees.
To learn more about SPACs, please see our What’s the Deal?: SPACs.
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