Forward Projections: Do They Help or Hinder De-SPACs Post-Close?

Forward Projections: Do They Help or Hinder De-SPACs Post-Close?

The use of forward projections by target companies going through a SPAC transaction has been a controversial topic since the SPAC boom began in 2020. But, left to the side of this issue has been the question, “Do de-SPACs even benefit from using projections?” Certainly plenty of de-SPACs have taken hits in the public markets
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