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Google’s Plan to Buy Wiz for $23 Billion Falls Apart

The New York Times: Mergers, Acquisitions and Dive

Wiz’s chief executive said the company walked away from a “humbling offer” and would pursue an initial public offering instead.

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Foreign banks left out of initial public offerings in China

Financial Times - Banking

Share of listings involving global institutions has fallen this year to lowest level in more than a decade

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SEC’s New Rules Give SPACs, Target Companies Much to Consider

JD Supra: Mergers

The new rules affect both initial public offerings (“IPOs”) for SPACs and so-called “de-SPAC” transactions involving target companies who enter into a business combination with SPACs. On January 24, 2024, the U.S.

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M&A Take-Privates on a Roll

JD Supra: Mergers

The Canadian market has seen take-private transactions outpace initial public offerings recently, with public companies having an aggregate market capitalization of approximately C$12.5 billion “going private” in 2023 alone.

M&A 171
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SEC Adopts Final Rules to Enhance Disclosures and Investor Protections Relating to Special Purpose Acquisition Companies (SPACs) and De-SPAC Transactions

JD Supra: Mergers

On January 24, 2024, the Securities and Exchange Commission (“SEC”) adopted final rules (the “Final Rules”) to enhance disclosure and investor protection in initial public offerings (“IPOs”) by special purpose acquisition companies (“SPACs”) and in business combination transactions involving shell companies, such as SPACs, and private operating companies (..)

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SEC Adopts Final Rules Relating to SPACs, Shell Companies, and De-SPAC Transactions

JD Supra: Mergers

Securities and Exchange Commission (the “SEC”) adopted new rules and guidance affecting initial public offerings (“IPOs”) of special purpose acquisition companies (“SPACs”) and business combinations between SPACs and private company targets (“de-SPAC transactions”). On January 24, 2024, the U.S.

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Guide to D&O Insurance for SPAC IPOs, 2024 Edition

JD Supra: Mergers

As they go through their initial public offering (IPO) and the subsequent merger & acquisition (M&A) process, special purpose acquisition companies (SPACs) face many regulatory, legal, and business hurdles. Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them.

IPO 165