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Ramey Layne participated in the Fourth Annual Palm Beach CorpGov Forum, hosted by IPO Edge and CorpGov, on November 13-14.

On January 24, 2024, the U.S. Securities and Exchange Commission (“SEC”) approved final rules relating to special purpose acquisition companies (“SPACs”). The final rules follow the SEC’s issuance of proposed rules on March 30, 2022, and the receipt of 115 comments on such proposed rules.

Not long ago, companies could reliably project when shareholder activists would strike — and ready their defenses in advance. As sure as the seasons would turn, proposals would begin to appear around the holidays, voting would follow in the spring, and proxy contests would be over by the start of the summer.

The panel addressed issues commonly dealt with by companies after they complete a SPAC business combination.

In this presentation, hear from V&E’s #1 ranked Shareholder Activism Defense team as they review activism data for post de-SPAC public companies over the past few years.