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by mikebos 1437 days ago
I have a somewhat different opinion. He found a target, failed to meet SEC regulations with the negotiated deal and took the deal for his main fund. After that he basically threw the towel on the spac. This happened approx a year ago.

Not finding a good deal is understandable, finding a deal and messing it up not so much. With his army of lawyers this looks from the outside more an deliberate strategy then a honest mistake.

Edit: link https://www.bloomberg.com/news/articles/2021-07-19/pershing-...