Lilium, for example, had redemptions of 66% while it was 37% for Hometogo. That meant SPAC managers had to put more of their own money into deals, forfeit lucrative compensation or abandon the mergers altogether....
— ReutersArno Schuetze, Abhinav Ramnarayan and Toby Sterling write for Reuters....
The views expressed here are the writers’ own....
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2021-09-29 00:00:00.0