The raging eagerness for SPAC financial mergers by new and seasoned satellite and space actors over the past few months may well be coming to a screeching halt.
The Security and Exchange Commission (SEC) has altered the accounting methods by which SPACs operate in regard to warrant classifications, moving from one of an equity base to a liability base on balance sheets.
Forbes published an article earlier this month that diligently looks at this issue, authored by Steven Bertoni and Antoine Gara, both of the publication’s editorial staff, who are specialists in CEO Network and Hedge Funds & Private Equity analysis. Access this direct link to the Forbes article to read their take on this SEC potential policy change…