This is the second of a three-part series of posts examining the redemption features of warrants in post-SPAC public companies. In the first post, we described typical redemption features in warrants. Here we introduce economic frameworks for how issuers can approach the decision whether and when ... >>>Read More
Post-SPAC Warrant Redemption Features (Part 1)
This is the first of a three-part series of posts examining the redemption features of SPAC warrants: here, we describe the typical redemption features found in SPAC warrants. In subsequent posts we will examine (1) how to approach the decision whether and when to redeem warrants and (2) what ... >>>Read More
Q2 2021 Convertible Market Review
As part of our market update series, please see the summary below of what we saw in the convertible market in Q2 2021. Related Articles Q1 2021 Convertible Market Review Q3 2021 Convertible Market Review Q4 2021 Convertible Market Review ... >>>Read More
Updated Early Adoption and Disclosure Trends for ASU 2020-06
As discussed in a prior blog, the new convertible accounting rules in ASU 2020-06 will take effect in 2022. However, companies may early adopt the rules starting in 2021. We summarize the new accounting rules below: Summary of New Accounting Rules How Many Companies are Early ... >>>Read More
Convertible Settlement Changes in Response to ASU 2020-06
As part of our market update series, please see the summary below of what we saw in the convertible market in Q1 2021. We have previously discussed the new accounting standards from FASB governing convertible bonds and reviewed company disclosure around early adoption of those ... >>>Read More
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