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The bankruptcy underscores the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations.
23andMe bankruptcy underscores the risk of investing in most SPACs ... whose mission is to make acquisitions. Then the SPAC converts its ticker symbol and name over to one matching the name ...
Just before the 23andMe SPAC deal closed, the stock belonging to ... giving investors the impression it is a risk-free investment. Some companies do not find appropriate acquisition targets ...
Me on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data ...
23andme says it owns the aggregated genetic data of its customers, meaning it can sell it to the highest bidder ...
It went public via a SPAC in 2021. Through the years ... Like any other service you log into and provide information to, 23andMe presents privacy risks that can be helped with basic safety ...