KENYA
Economic overview
A GLOBAL LEGAL MEDIA & NISHLIS LEGAL MARKETING PUBLICATION THE US-ISRAEL LEGAL REVIEW 2022 IN ASSOCIATION WITH: Israel’s Unicorn Success Story SNNOVATION The US-Israel Legal Review 2022 1 Contents THE US-ISRAEL LEGAL REVIEW 2022 2 WELCOME FROM THE PUBLISHERS Global Legal Media and Nishlis Legal Marketing 4 ECONOMIC HEADWINDS, A HOT WAR AND A TRADE WAR: THE IMPACT ON ISRAEL’S COMPANIES With rising interest rates, rising inflation and reduced growth forecasts, how has that reality been faced by corporate clients and start-ups? Arnon, Tadmor-Levy provide some answers.
Mark Goodman and Katie Logan, Campbells
This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.
In summary
In an earlier post we discussed the bankruptcy filing of Compute North Holdings, Inc., a bitcoin miner felled by high electricity costs and falling cryptocurrency prices (see here). It may be followed shortly by another miner, Core Scientific, Inc., which announced on October 26, 2022 that it has similarly been severely impacted by rising electricity costs and the price of bitcoin.
On August 31, 2021, Sequential Brands Group, Inc. (NASDAQ:SQBG), together with its wholly-owned subsidiaries that own, manage and license a large-scale and diversified portfolio of consumer brands across multiple industries, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-11194). The company reports $442.8 million in assets and $435.1 million in liabilities.
TABLE OF CONTENTS
COVID-19: Summary of Key Issues.................................................................................... 1
GOVERNANCE & SECURITIES LAW FOCUS
JULY 2020/LATIN AMERICA EDITION
Below is a summary of the main developments in U.S., EU, and U.K. corporate governance and securities law since our last update in May 2020.
See our page dedicated to the latest financial regulatory developments.
IN THIS ISSUE
GOVERNANCE & SECURITIES LAW FOCUS
JULY 2020/EUROPE EDITION
Below is a summary of the main developments in U.S., EU, U.K. and Italian corporate governance and securities law since our last update in April 2020.
See our page dedicated to the latest financial regulatory developments.
IN THIS ISSUE
I.OVERVIEW
(a)What are SPACs?
一、概述
1、不寻常的SPAC
SPAC（“Special Purpose Acquisition Company”）是上市公司投资工具，也被称为 “空头支票”或 “空壳公司”。 SPAC由在投资、财务和企业管理领域具有丰富经验的专业人士作为发起人设立，其设立目的是在某些行业或地域中收购某个不特定的经营性企业。SPAC将在设立之后，即开始通过首次公开发行（“IPO”）由普通股和认股权证组成的证券进行募资。SPAC的证券在证券交易所挂牌并公开交易。
SPAC必须在IPO完成后的18-24个月内找到目标公司（“目标公司”）并完成企业兼并，否则将主动清算，且IPO的募资将退还给公众股东。如已确定目标公司并完成企业兼并，则SPAC将与目标公司合并成立为一间新公司（“存续公司”），存续公司将成为SPAC的承继实体并继续作为上市公司存续。
2、SPAC市场