Oklo, a nuclear-fission startup backed by Sam Altman, plans to go public through a merger with his special-purpose acquisition company
At their peak, SPACs accounted for 70% of all IPOs, with $95 billion raised. But now, the market has dried up and shares of companies that did SPAC deals have crashed.
WSJ explains the decline of the IPO vehicle. Illustration: Ali Larkin, plans to go public through a merger with his special-purpose acquisition company, company officials said Tuesday.Continue reading your article with
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