The guidance has been provided by the issuance of the Citizen.VC No Action Letter (the “CVC Letter”), which request was authored by Mintz Levin. See the CVC Letter and the response from the SEC.
The last word on CVC Sports is yet to be out ... As a result of the stalemate, there has been a delay in BCCI giving the Letter of Intent, which has already been submitted to the RPSG Group ...