Sen. Warren, Colleagues Request Information From SPAC Creators Amid "Astonishing" Reports of Abuse and Market Dysfunction
September 23, 2021
September 23, 2021
WASHINGTON, Sept. 23 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
United States Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), Tina Smith (D-Minn.), and Chris Van Hollen (D-Md.) sent letters to six creators of prominent Special Purpose Acquisition Companies, or SPACs, publicly traded shell companies that raise money to buy private companies and take them public. Their letters raise concerns about abuses by the creators and operators of . . .
United States Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), Tina Smith (D-Minn.), and Chris Van Hollen (D-Md.) sent letters to six creators of prominent Special Purpose Acquisition Companies, or SPACs, publicly traded shell companies that raise money to buy private companies and take them public. Their letters raise concerns about abuses by the creators and operators of . . .