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Fast-Growing Verijet Scraps Plans To Go Public Via SPAC Merger

Por: Forbes Life February 16, 2023

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, a start-up operator of small private jets, has scrapped plans to go public via a SPAC merger and will pursue a private equity investment instead. The move comes after its partner, New Vista Acquisition Corp., led by former Boeing CEO Dennis Muilenburg, decided to the special purpose company. The pair had a non-binding letter of intent for a business combination earlier this month. However, the SPAC was facing a deadline to extend itself with a... + full article



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