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Slam Corp extends Lynk Global merger deadline as cash reserves dwindle

Slam Corp extends Lynk Global merger deadline as cash reserves dwindle
By Jason Rainbow

Slam Corp, the shell company founded by former MLB player Alex Rodriguez, extended its merger deadline with Lynk Global but must refund $81 million to investors who redeemed shares instead of seeking a stake in the direct-to-smartphone satellite operator.

The post Slam Corp extends Lynk Global merger deadline as cash reserves dwindle appeared first on SpaceNews.



December 28, 2024 at 12:44AM
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