极道桃园 Insider: The SPAC listing of Solana Treasury Company Accelerate has been canceled
According to three insiders, the SPAC listing transaction of Solana Treasury Company Accelerate, led by Joe McCann (originally named), has been canceled. The current situation remains unclear, and it is noted that they may attempt to seek different paths forward. The reason for the failure of this transaction has not been disclosed immediately. Previously, it was reported that the company planned to go public through a merger with Gores Holdings X to establish a Special Purpose Acquisition Company (SPAC) and raise up to $1.5 billion.
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