The new information paper sets out expectations in four areas: governance, product design, ongoing LRM, and stress testing.
October 13, 2023The report focuses on addressing dilution risk, the protection of retail investors, and the "significant backlog" of SPACs seeking to avoid liquidation.
May 11, 2023The revisions follow rule changes made last year to prevent convertible bonds from being used to unfairly dilute small shareholders.
September 9, 2022The proposal aims to provide SPAC investors additional disclosures and protections similar to those they would receive in an IPO.
April 1, 2022SEBI proposes that new age technology companies be required to disclose all presentations made to pre-IPO investors during the three years prior to the IPO.
February 24, 2022Regulatory safeguards and educational efforts mounted by SGX should provide "adequate protection for retail investors and enable them to assess the risk-return trade-offs".
February 21, 2022The new framework takes effect on 1 January. A SPAC’s securities must be distributed to at least 20 institutional professional investors, down from 30 proposed during consultation.
December 20, 2021Listed companies will be able to grant no more than 10 percent of their total shares in share award or option schemes.
October 31, 2021A SPAC has to raise at least HKD 1 billion from its initial offering. Subscription and trading will be restricted to professional investors.
September 17, 2021The new platform will help founder entrepreneurs avoid dilution of share equity in their companies' initial stages of development.
August 2, 2021