Coffee & Conversation - The SPAC Boom Through an Investigator's Lens, Part 1

In this episode of Coffee & Conversation, Partner Jessica Magee and Michael Stockham sit down with Scott Mascianica, an assistant director in the U.S. Securities and Exchange Commission's (SEC) Division of Enforcement, and Todd Ranta, a partner at PwC, to talk about the flurry of activity surrounding special purpose acquisition companies (SPACs). They focus on the investigator's perspective on the SPAC boom, covering what SPACs are, what distinguishes them from traditional IPOs and what concerns auditors may have about them. They also covered considerations surrounding disclosures, including disclosures about companies targeted by a SPAC for a combination.

Click here to view part 2.