Faegre Drinker Biddle & Reath Issues Commentary: Impact of SpaceX's Initial Public Offering on Regulated Investment Companies Holding SpaceX Stock
June 25, 2026
June 25, 2026
MINNEAPOLIS, Minnesota, June 25 -- Faegre Drinker Biddle and Reath, a law firm, issued the following commentary on June 24, 2026, by partner Leila E. Vaughan:
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Impact of SpaceX's Initial Public Offering on Regulated Investment Companies Holding SpaceX Stock
Pay Careful Attention to the Two Quarterly Asset Diversification Tests
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A regulated investment company (RIC) must meet, among other requirements, two quarterly asset . . .
* * *
Impact of SpaceX's Initial Public Offering on Regulated Investment Companies Holding SpaceX Stock
Pay Careful Attention to the Two Quarterly Asset Diversification Tests
-
A regulated investment company (RIC) must meet, among other requirements, two quarterly asset . . .