Published 3 years ago

The SEC says it's looking closely at the wild earnings projections attached to many SPAC offerings

Summary by Business Insider

The SEC said a company would be on 'shaky ground' if it disclosed favorable projections and omitted 'equally reliable but unfavorable projections.'

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The SEC said a company would be on 'shaky ground' if it disclosed favorable projections and omitted 'equally reliable but unfavorable projections.'

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