Several startups have ditched their deals with blank-check companies this year, spooked by wobbly financial markets as the Federal Reserve tightens its monetary policy, Reuters reports.
The news organization compiled a list of the 10 SPACs whose announced deals had the shortest lifespan this year before falling apart. Aesther Healthcare Acquisition’s failed deal with United Gear & Assembly topped the list at 53 days from deal announcement to abandonment. Read more.
