
PRACTICES
Corporate and SecuritiesBanking and Finance
Specialty Industries
Intellectual Property
Entertainment and Media
Financial Services
Real Estate
EDUCATION
Ithaca College, B.S., 2018Hofstra University, Maurice A. Deane School of Law, J.D., 2021
ADMISSIONS
- 2022, New York
Jordan W. Kohn
Associate
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SEC Proposes Rule Changes for SPACs to Enhance Disclosure and Protect Investors03/31/2022
by Jordan Kohn and Brian Daughney
Big changes may be on the horizon for special purpose acquisition companies (“SPACs”). The Securities and Exchange Commission (SEC) voted on Wednesday, March 30, 2022, to propose new rules for SPACs which, if adopted, would require SPACs to provide increased investor disclosures focused primarily on their ownership and performance forecasts. The proposed rules and amendments are designed to enhance disclosure and investor protection in initial public offerings (IPOs) by SPACs and in business combination transactions involving shell companies, such as SPACs, and private operating companies.