Prager Metis CPAs, New York, has formed The Prager Metis Charitable Foundation, an organization to coordinate and support the firm’s philanthropic activities. Steven Topal, former New York City office managing partner, will be transitioning into the role of president of the foundation.
Marcum, New York, has audited more special purpose acquisition company IPO transactions in the first half of 2019 than any other U.S. audit firm, according to SPAC research, which found that between January and June, the firm audited 13 SPAC transactions, or 46 percent of all SPAC offerings, representing $3.4 billion in total capital raised.