Musings on Markets

JUNE 9, 2021

In fact, “blank check” companies had a brief boom in the late 1980s, before regulation restricted their use, largely in response to their abuse, especially in the context of "pump and dump" schemes related to penny stocks. The benefits of the SPAC route to going public have to be weighed against its many costs.

Start-ups 52

Start-ups Marketability Banking Corporate Finance 52

Reynolds Holding

MAY 23, 2023

Bank runs stopped for almost 90 years, most banks were consistently profitable, failures were rare, and, as the FDIC proudly states, “no insured depositor has lost a penny.” Maybe, just maybe , the best way to reduce risk in the banking system and restore the balance in the Depression-era bargain is through people.

Banking 52

Banking Equity Start-ups Finance 52

Reynolds Holding

OCTOBER 3, 2023

The Company’s stock price decreased by approximately 21% the day after this announcement. The platform, as alleged in the order, plays a significant role in executing trades of microcap and penny stock securities. The Company agreed to pay a $1 million civil penalty to resolve the SEC’s claims.

Banking 52

Banking Compliance Marketability Finance 52

Brian DeChesare

MARCH 16, 2022

That said, I’m not convinced that merger arbitrage – betting on M&A deals closing – is necessarily the “best” type of fund for bankers to target. If it’s a 100% stock deal or a mixed cash/stock deal , the fund could also long ATVI’s stock while shorting MSFT’s stock (acquirers’ stock prices often fall when deals are announced).

Start-ups 59

Start-ups Equity Marketability Banking 59

Reynolds Holding

NOVEMBER 15, 2022

million in stock sale profits and bonuses as well as return previously granted shares of company stock pursuant to SOX 304. which failed to properly disclose executive perks and stock pledges its CEO received. Similarly, the founder and former CEO of technology company Synchronoss Technologies, Inc. ProPetro Holding Corp.

Compliance 45

Compliance Marketability Technology Alpha 45

Musings on Markets

SEPTEMBER 11, 2023

Speaking of Disney, a company that has found itself in the crosshairs of political and cultural disputes, the stock hit $80 on September 7, close to a ten-year low. Even within streaming services, there seems to be no consensus on what strategy best delivers these results, perhaps because success is so difficult to measure.

Start-ups 77

Start-ups Market Capitalization Marketability Technology 77

Reynolds Holding

OCTOBER 5, 2022

On June 30, 2022, in a 6-3 split decision, the Supreme Court held that the Environmental Protection Agency (“EPA”) lacks the authority to change the Clean Air Act’s definition of “best system of emission reduction.” Emergent’s stock fell drastically as a result. West Virginia v. Environmental Protection Agency , 142 S.

Start-ups 72

Start-ups Marketability Equity Compliance 72