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Fizzled De-SPAC Sends Cloud Manufacturing Co. Into Ch. 11

By Jeff Montgomery ( November 8, 2022, 7:19 PM EST) -- Centralized manufacturing venture Fast Radius Inc. sought Chapter 11 protection in Delaware with $55 million in secured and unsecured debt late Monday, blaming a fizzled "de-SPAC" fundraising effort and other financing disappointments for driving the cloud-based business into a bankruptcy sale effort....

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