Palantir Has Quietly Become a Major SPAC Investor: Report

Under current rules, the NYSE will “promptly commence delisting procedures” for any listed SPAC that fails to complete its de-SPAC merger within the shorter of three years or the time period specified by its constitutive documents or by contract — even if the listed SPAC has entered into a definitive de-SPAC agreement within three years of its listing date.

Media watchers are obsessed with Zucker’s moves as he considers his next chapter after CNN, which announced he is leaving at the end of the year.

Being approached by SPACs doesn’t necessarily mean that European unicorns are entertaining the offers.

Since Digital World Acquisition announced the deal last year, its stock has plunged 90% from a record high of $175 per share.