Crescent Acquisition Corp. Announces Termination of Agreement

Covid-19 still claiming SPAC victims Crescent Acquisition Corp. (CRSA), announced this morning it has terminated its agreement with F45 Training Holdings, but will continue to seek an alternative business combination. Crescent cited Covid-19 as having created “prolonged uncertainty” to move forward with the merger. This is similar to Allegro Merger Corp. and Leisure Acquisition Corp. who
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