Investors Tell Chancery Katapult SPAC Defenses Won't Fly
By Jeff Montgomery ( July 17, 2023, 5:32 PM EDT) -- An attorney for stockholders of a special purpose acquisition company that took payment plan provider Katapult Inc. public in mid-2021 told a Delaware vice chancellor on Monday that the company's defenses for a precipitous stock drop soon after the roughly $1 billion deal closed fall flat....
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