1. Notwithstanding the absence of Section 11 SA liability regime, for the type of litigation U.S. SPACs produced see the recent, legal and empirical study by Strauss (2023);Bloomberg;Goldman Sachs Is Exiting Most SPAC Work on Liability Concerns: Report (businessinsider.com)
2. On the new rules, see the statements by Gensler (2024) and Uyeda;Sec See;The new rules followed the SEC,2022
3. In a second paper;Ohlrogge Klausner;Klausner and Ohlrogge,2019