4 ms·
Eh, going public, by itself, doesn't necessarily result in this kind of outcome. There's plenty of public companies that are operating with little in profits o
by BaseballPhysics 5y ago
Eh, going public, by itself, doesn't necessarily result in this kind of outcome. There's plenty of public companies that are operating with little in profits or even at a net loss.
Presumably the way this SPAC was structured resulted in a change of control, and if you make that decision, you get what you get.