TheCorporateCounsel.net

April 21, 2022

SPACs: More on That Acceleration Request. . .

Earlier this week, I blogged about Commissioner Peirce’s statement criticizing the SEC’s failure to act on a SPAC’s acceleration request for its Form S-4 registration statement.  In that blog, I said that it was hard to assess the validity of her criticism, because the correspondence between the issuer and the Staff hadn’t been released yet.  WilmerHale’s David Westenberg subsequently reached out to remind me that since the S-4 was not declared effective, the Staff will not publicly release the review correspondence, although it may be possible to obtain it with a FOIA request.

John Jenkins