The largest SPAC ever has been liquidated.
PSTH liquidates and mass abandonment in this edition of the Morning Recap, the pre-market recap for SPAC Track Pro subscribers.
Good Morning,
The largest SPAC ever has been liquidated. Pershing Square Tontine Holdings raised $4B in its July 2020 IPO and now - 2 years later, the SPAC has officially been laid to rest: PSTH was delisted yesterday.
Also, 5 SPAC registrations were marked abandoned by the SEC yesterday (9 months of the registration statement on file without effectivenes…