The document discusses potential conflicts of interest involving executive officers, directors, and affiliates of a company in relation to business opportunities and combinations. It highlights that these individuals may have affiliations with other entities engaged in similar business activities, leading to conflicts in determining which entity should be presented with business opportunities. The document also notes that the company has not adopted policies to prohibit financial interests in transactions or business combinations with affiliated entities, which may result in conflicts of interest. Additionally, it mentions that the company's sponsor, executive officers, and directors may lose their investment if a business combination is not completed, potentially influencing their decision-making.
documents/vol00010-efta01366328-pdf.pdf
{"key_people":["executive officers","directors","sponsor"],"document_type":"correspondence","key_organizations":["FINRA"],"reference_numbers":["DB-SDNY-0057854","SDNY_GM_00204038","EFTA01366328"]}