Goldman Sachs pauses work on new Spacs after SEC takes tougher stance - Financial Times

5/9/2022 12:00:00 AM3 yearsago
by Nikou Asgari, Ortenca Aliaj, Joshua Franklin
by Nikou Asgari, Ortenca Aliaj, Joshua Franklin
Wall Street bank last year ranked as second-biggest underwriter for blank-cheque companies
Goldman Sachs has paused new Spac offerings, said people familiar with the matter, in another blow to blank-cheque companies as regulators close in on the once-booming market. The move marks a retr… [+2887 chars]
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