Johnson Fistel, LLP Investigating Potential Claims on Behalf of Shareholders of Special Purpose Acquisition Companies (SPACs) – EIN News
Special Purpose Acquisition Companies (SPACs) have become increasingly popular in recent years as a way for companies to go public without the traditional IPO process. SPACs are shell companies that are formed with the sole purpose of raising capital to acquire a private company. While these transactions can be beneficial for both the SPAC and the company being acquired, they can also be risky for investors.Johnson Fistel, LLP is currently investigating potential claims on behalf of shareholders of SPACs. The firm is looking into whether certain SPACs have failed to