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The largest SPAC bankruptcies included office provider WeWork, which had boasted a $9.4 billion market value after going public in 2021.
Wall Street's affair with blank-check firms, the finance fad that pushed companies onto the stock market during the COVID-19 pandemic, ended this year
The inside story of how the celebrated startup AppHarvest's indoor farming scheme imploded — and took its blue-collar workforce down with it.
AppHarvest’s liquidation will come just over two months after it declared bankruptcy.
The Kentucky ag-tech startup is fending off creditors and seeking financing to stay in business. So why is it paying $2.5 million to its top executives?