On January 24, 2024, the sec adopted rules and guidance to impose a variety of new requirements on spacs. The effective date of the rules is 125 days after publication in the Federal Register, an unpredictable process that can take several weeks (except for the rules relating to Inline XBRL requirements for SPACs, which take effect 490 days after publication).
Source: SEC Adopts Rules and Guidance on SPACs
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- Source: https://spacfeed.com/sec-adopts-rules-and-guidance-on-spacs