Sign up to save your podcasts
Or
Share Financial Projections in the Wake of Final SPAC Rules
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Financial Projections in the Wake of Final SPAC Rules
In January of this year, the U.S. Securities and Exchange
Commission (the “SEC”) adopted final rules regulating SPAC IPOs and business combinations. Central to this rulemaking was the SEC’s updated and expanded guidance on the use of projections in all SEC filings as well as rulemaking specific to projections in de-SPAC transactions. The evolving regulatory environment combined with market headwinds have made strategies to
manage potential liability exposure while executing de-SPAC transactions top of mind for many market participants.
In this episode, James Zukin, founder of Zukin Certification Services, and Michelle Heisner, partner at Baker McKenzie LLP, discuss the SEC’s rules on disclosure and liability related to projections used in de-SPAC transactions. Zukin Certification Services launched a Reasonable Basis Review service that provides SPACs and their business combination partners with an independent review of such partner’s projections and readiness to operate as a public company. This service was designed in part to address SEC rulemaking focused on projections included in SEC filings having a reasonable basis.
Please note, the positions and opinions expressed by the speakers are strictly their own, and do not necessarily represent the views of their employers, nor those of the D.C. Bar, its Board of Governors or co-sponsoring Communities and organizations.
Thank you to our sponsors!
LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country.
MyCase is an intuitive and powerful legal case management software designed to cover the entire client lifecycle, including lead and document management, billing and invoicing, and comprehensive reporting.
View all episodes
By D.C. Bar Communities Office
4.8
44 ratings
In January of this year, the U.S. Securities and Exchange
Commission (the “SEC”) adopted final rules regulating SPAC IPOs and business combinations. Central to this rulemaking was the SEC’s updated and expanded guidance on the use of projections in all SEC filings as well as rulemaking specific to projections in de-SPAC transactions. The evolving regulatory environment combined with market headwinds have made strategies to
manage potential liability exposure while executing de-SPAC transactions top of mind for many market participants.
In this episode, James Zukin, founder of Zukin Certification Services, and Michelle Heisner, partner at Baker McKenzie LLP, discuss the SEC’s rules on disclosure and liability related to projections used in de-SPAC transactions. Zukin Certification Services launched a Reasonable Basis Review service that provides SPACs and their business combination partners with an independent review of such partner’s projections and readiness to operate as a public company. This service was designed in part to address SEC rulemaking focused on projections included in SEC filings having a reasonable basis.
Please note, the positions and opinions expressed by the speakers are strictly their own, and do not necessarily represent the views of their employers, nor those of the D.C. Bar, its Board of Governors or co-sponsoring Communities and organizations.
Thank you to our sponsors!
LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country.
MyCase is an intuitive and powerful legal case management software designed to cover the entire client lifecycle, including lead and document management, billing and invoicing, and comprehensive reporting.
More shows like Brief Encounters
View all
The Daily
113,483 Listeners
Behind the Money
238 Listeners
Money Stuff: The Podcast
395 Listeners