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0 pointsfallingknife2y ago0 comments

Do you have an example of a SPAC where the.target was a scam? I'm not aware of any, and I follow this stuff more closely than most people.

0 comments

gizmo2y ago

Nikola Motor went from a 34bn market cap to near bankruptcy in 2 years. Their tech was a sham and the founder got prosecuted and convicted for defrauding investors.

Lordstown Motors. Faked their order book. Blatant securities fraud.

There are many others.

j / k navigate · click thread line to collapse

0 pointsfallingknife2y ago0 comments

Do you have an example of a SPAC where the.target was a scam? I'm not aware of any, and I follow this stuff more closely than most people.

0 comments

gizmo2y ago

Nikola Motor went from a 34bn market cap to near bankruptcy in 2 years. Their tech was a sham and the founder got prosecuted and convicted for defrauding investors.

Lordstown Motors. Faked their order book. Blatant securities fraud.

There are many others.

j / k navigate · click thread line to collapse