Ever since the SEC’s spring crackdown, these once-popular investments have wilted. But their excesses are being leached away.
The blank check outfits sure are popular. But issuers have the upper hand over investors, performance is a mixed bag, and they face possible tough competition.
Class action lawsuit accuses software firm of predatory lending practices.
The alternative asset class investor is said to be gearing up for an upcoming public offering.
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
Proposition would allow businesses to solicit institutional investor interest before filing an IPO.