AMWatch

Swedish FSA on SPACs: "A consumer needs to make sure to absorb all the relevant information"

AMWatch talks to the Swedish FSA about its scrutiny of the new SPAC craze that has recently spread into the country. A comprehensible and clear prospectus along with consumer protection are key focus areas, but it’s also up to the consumer to stay informed about aspects like incentive structure, the regulator says.

Leonard Weber Landgren, Swedish FSA | Photo: PR / Finansinspektionen

The first special purpose acquisition company (SPAC) on the Swedish market was listed on March 25.

Investment company Bure Equity took its ACQ Bure SPAC to the market after noting heavy backing from several large institutional investors and companies such as AP4 and AMF, as reported by AMWatch.

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