Advantage solutions announces response to sec guidance issued on april 12, 2021 applicable to warrants issued by special purpose acquisition companies

Irvine, calif., may 07, 2021 (globe newswire) -- advantage solutions inc. (nasdaq: adv) (“advantage,” the “company,” “we” or “our”), the leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today announced that as a result of recent guidance provided by the u.s. securities and exchange commission on april 12, 2021 relating to the accounting treatment of warrants issued by special purpose acquisition companies (the “sec statement”), it will revise its consolidated financial statements previously issued in its annual report on form 10-k for the year ended december 31, 2020 (the “financial statements”).
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