6 ms·
Someone should go to jail for that, but it is a highly regulated market, so it is ok.
by latchkey 3y ago
Someone should go to jail for that, but it is a highly regulated market, so it is ok.
- rchaud 3y agoSPACs (basically going public as a shell corp) are chosen specifically because it allows company insiders to cash out their equity without disclosing as much as regular IPO companies.
- latchkey 3y agoYea, fully aware. I was working at a company last year that almost SPAC’d. Maybe you missed my sarcasm?