Pathfinder Acquisition Corporation (PFDR) Terminates ServiceMax Deal

Pathfinder (NASDAQ:PFDR) announced this morning that it and software firm ServiceMax have mutually terminated their business combination agreement with neither party required to pay breakup fees. The SPAC cited unfavorable market conditions in its brief press released on the termination. The general headwinds to SPACs are not an immediately recent phenomenon, but a variety of macro
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