A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash
iRocket is aiming to hit the public markets but the SPAC vehicle doesn’t have much cash left.
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https://techcrunch.com/2025/07/23/a-troubled-spac-plans-to-buy-irocket-for-400m-but-it-already-returned-most-of-its-cash/