Tag: African Gold

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Enforcement

SEC Settles Charges Against African Gold Acquisition Corp. for Internal Controls, Reporting, and Recordkeeping Violations

The Securities and Exchange Commission (SEC) has settled charges against African Gold Acquisition Corp., a special purpose acquisition company (SPAC), for violating Exchange Act provisions related to internal controls, reporting, and recordkeeping. The SEC’s order alleges that the SPAC’s former chief financial officer misappropriated approximately $1.2 million from the company’s […]