Vertiv announces response to sec guidance issued on april 12, 2021 applicable to warrants issued by special purpose acquisition companies (“spacs”)

Columbus, ohio--(business wire)--vertiv holdings co (nyse: vrt) today announced in a current report on form 8-k, that as a result of recent guidance provided by the sec on april 12, 2021 (see link) for all spac-related companies regarding the accounting and reporting for their warrants (the “sec statement”), it will restate its previously issued 2020 consolidated financial statements. the restatement pertains to the accounting treatment for public and private placement warrants (“warrants”) tha
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