Ex-CEO To Pay SEC Fine For Pre-SPAC Disclosure Failures
By Sydney Price ( September 27, 2024, 9:08 PM EDT) -- The U.S. Securities and Exchange Commission announced Friday it has reached a settlement with the former CEO of an electric vehicle battery company who allegedly concealed its supply chain issues ahead of its merger with a blank check company, leading to a nearly 20% drop in the company's share price once the shortage was revealed....
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