• An Italian Space Company Doesn't Believe the SPAC Party Is Over

    3 monthes ago - By Observer

    The SPAC ship appears to be sinking. In the past two months alone, ten companies have withdrawn from previously announced SPAC deals, according to The Wall Street Journal , as the sector-dense with tech and growth stocks-sputtered during the recent market selloff. However, far away from Silicon Valley, some startups still have faith in SPACs.
    The latest to the scene is Italian satellite-delivery service provider, D-Orbit. The company announced Thursday that it has agreed to go public on Nasdaq through a merger with the special purpose acquisition company Breeze Holdings. The deal will...
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