Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies SPACs Srividya Gopal
On April 12, 2021, the SEC issued a Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”), which highlighted a number of important financial reporting considerations for SPACs. Most notably, the statement describes two fact patterns that are common in warrants issued in connection with a SPAC’s formation and […]
