Pathfinder Acquisition Corporation (PFDR) Lowers Minimum Cash for ServiceMax Deal

Pathfinder (NASDAQ:PFDR) announced in an 8-K this morning that it has lowered the minimum cash condition on its combination with enterprise software firm ServiceMax. The new threshold will be $125 million, down $100 million from $225 million. While such a move typically signals concern about redemptions to come, ServiceMax has matched the $100 million lowering
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