Skadden Discusses De-SPACed Companies Seeking Chapter 11 Protection
Reynolds Holding
MAY 10, 2023
Most de-SPACed companies that have filed for bankruptcy over the past year are early-stage technology or biotechnology companies strained by growing economic headwinds. In those sectors, even marquee names have suffered as macroeconomic uncertainty persists and potential sources of capital retreat to government bonds and other safe assets.
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