• kbin_space_program@kbin.run
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    1 month ago

    Its apparently not that uncommon a move, as according to what Ive watched about it, it allows the company using thw trick to go public without going through the checks and balances that the FTC usually does.

    Whats uncommon is that they fucked it up at least twice that I can recall. They were supposed to go public summer 2023.