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by mikeryan
2096 days ago
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Everything in the Hindenburg Report could have been exposed without the Company going public. Going public via a SPAC they didn’t have to go through all the rigor associated with a traditional IPO. I’m not sure this is the public markets doing their job so much as exposing a new loophole in the market. |
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Yes, but it went public and that gave someone the incentive to expose it. The fact that this stuff wasn't exposed earlier is a failure of the private markets, not the public