[Manthink]

WeWork debuted through a special purpose acquisition company in 2021 but has since lost about 98% of its value. The company in mid-August announced a 1-for-40 reverse stock split to get its shares trading back above $1, a requirement for keeping its New York Stock Exchange listing.
WeWork shares had fallen to a low of about 10 cents and were trading at about 83 cents before the stock was halted Monday.

https://www.cnbc.com/2023/11/07/wework-f...uptcy.html

This real-estate US-coy has a very interesting history...

- 1st CEO and co founder is an Israeli-American who was forced to quit the WeWork after kenna caught playing scam during IPO attempt in 2019
- 2nd CEO is an Indian-American quit in June this year after can't get $ from its major investor Soft-bank..

https://www.nytimes.com/2023/06/12/busin...hrani.html

https://en.wikipedia.org/wiki/Adam_Neumann