Law Blog Category: Blank Check Companies

SEC Footnote 32 and Sham S-1 Registration Statements

Direct Public Offerings by Shell Companies- Tread Carefully

SEC has Modified Policies on Offerings by Shell Companies

Rule 419 and Offerings by Shell or Blank Check Companies

The provisions of Rule 419 apply to every registration statement filed under the Securities Act of 1933, as amended, by a blank check company. Rule 419 requires that the blank check company filing such registration statement deposit the securities being offered and proceeds of the offering into an escrow or trust account pending the execution Read the full article…