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0 pointslatchkey2y ago0 comments

Someone should go to jail for that, but it is a highly regulated market, so it is ok.

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rchaud2y ago· 1 in thread

SPACs (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.

latchkeyOP2y ago

Yea, fully aware. I was working at a company last year that almost SPAC’d. Maybe you missed my sarcasm?

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