Growth of SPACs Prompts Concerns Over Audit Quality
Intelligize Blog
MARCH 19, 2024
Special purpose acquisition companies – more commonly known as SPACs – have seemingly disappeared from the investing scene in recent years. After a tidal wave of SPACs washed over the public markets in 2020 and 2021, they quickly fell out of favor with investors. The SEC and PCAOB charged Clark Schaefer Hackett and Co.
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