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what is this new thingy.
is it another scheme to con investors $$ like DLC?
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I have a feeling this is another one of those potential disasters in the making. Other than a general idea not to "lose out" in the SPAC bandwagon, I don't sense any thorough and comprehensive framework laid out to attract the real technology startups.
It will likely die of a natural death if there's insufficient interest or worse still, start to attract the wrong companies who flee here after failing the due diligence process in Nasdaq, STAR or Hang Seng.