ACQ Bure is a SPAC, so really what Yubico is doing here is simply "going public"; a SPAC is just a vehicle for doing that, as is an underwritten IPO or a direct listing.
A SPAC is not "just a vehicle" for doing that. It's an intentional dodge to let companies avoid scrutiny but still go public. The use of a SPAC to do this automatically casts a bit of shade over the company.
But even ignoring that, going public itself doesn't bode well for the product regardless.
But even ignoring that, going public itself doesn't bode well for the product regardless.