Yes the SEC will look in a deliberate way at the SPAC marketplace. It might take time and effort, yet the issues associated with the "light touch" public company approach is not without risk. SPAC is a great means to generate value for investors and the public.
CFO teams are working at a fast pace to hit the market window. Nevertheless, finance infrastructure investment should not be forgotten or underinvested in. No doubt, the role of the future Audit Committee will be more weighted on compliance and de-risking these ventures. Stay tuned for more as these events unfold...
