Lefteris Acquisition Corp (LFTR)

Every investor in Lefteris Acquisition Corp. ( NASDAQ:LFTR ) should be aware of the most powerful shareholder groups...

The big shareholder groups in Lefteris Acquisition Corp. ( NASDAQ:LFTR ) have power over the company. Institutions...

In this article, we discuss the 10 best cheap SPACs to buy according to Reddit. If you want to skip our detailed analysis of these SPACs, go directly to the 5 Best Cheap SPACs to Buy According to Reddit. Special Purpose Acquisition Companies (SPACs), perhaps one of the biggest earners in the stock market over […]

As previously announced on May 21, 2021, Lefteris Acquisition Corp. (Nasdaq: LFTR) (the "Company") has determined to restate its 2020 financial statements (the "Non-Reliance Periods") in light of the U.S. Securities and Exchange Commission's (the "SEC") recently issued "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies ("SPACs")" (the "Staff Statement"). This Staff Statement issued on April 12, 2021 informed market participants that warrants issued by SPACs and former SPACs may need to be reclassified as liabilities with non-cash fair value adjustments recorded in earnings at each reporting period. The Company had previously classified its issued warrants as equity. The Company currently expects that the reclassification of the warrants will have no impact on its historical liquidity, cash flows or revenues.

The rise in the value of Bitcoin and media coverage of cryptocurrencies could make the industry ripe for startups going public in 2021. ...

SPACs have been one of the hottest stories for investing in 2020 and look to be a major theme in 2021, with hundreds of potential deals ...