The post Slam Corp extends Lynk Global merger deadline as cash reserves dwindle appeared first on SpaceNews.
Slam Corp extends Lynk Global merger deadline as cash reserves dwindle
Written by Jason Rainbow Friday, 27 December 2024 18:14-
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Slam Corp, the shell company founded by former MLB player Alex Rodriguez, extended its merger deadline with Lynk Global but must refund $81 million to investors who redeemed shares instead of seeking a stake in the direct-to-smartphone satellite operator.