🚫 JUST IN: Joe McCann’s Solana vault platform has terminated its $1.5B SPAC deal with Gores Holdings X.
The plan to go public is off—for now.
No official reason given, but McCann’s hedge fund Asymmetric reportedly faced an 80% YTD drawdown.
Will they try again?
#Solana #SPAC #CryptoNews #Web3