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China-based emerging growth companies (EGCs) are riding a wave of investor enthusiasm for Chinese internet companies led by excitement over the impending IPO of the country’s online commerce juggernaut Alibaba.
SEC’s Division of Corporation Finance issued new compliance and disclosure interpretations (C&DIs) on July 3 that addressed questions about how to calculate the net worth for a natural persons when they have jointly-held assets under Rule 501
A spate of new SPACs filed and closed initial public offerings in late June and early July. Garnero Group Acquisition, a blank check company managed by Mario Garnero to acquire energy or biotech companies in Latin American, raised $125 million on June 26 by
Israeli-based Cell Source (CLCS), a development stage biotech firm focused on immune system management, completed a reverse merger with an OTC-quoted shell company on June 30.
