Special Purpose Acquisition Companies and the Investment Company Act of 1940 - JD Supra

Retrieved on: 2021-09-01 17:50:53

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Finance

Money

Investment

Corporate finance

Private equity

Special-purpose acquisition company

Investment management

short term U.S. Government

SPACs

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Special Purpose Acquisition Companies and the Investment Company Act of 1940 - JD Supra. View article details on HISWAI: https://www.jdsupra.com/legalnews/special-purpose-acquisition-companies-4441976/

Excerpt

Nearly all of the assets of the SPACs are invested in U.S. Government securities or mutual funds. Investing in securities is basically the only thing the ...

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