If the SPAC is approved this week, he could potentially use the stock as collateral to get a bond and avoid having properties seized or declaring bankruptcy by next week’s deadline.

  • Funderpants @lemmy.ca
    link
    fedilink
    arrow-up
    6
    ·
    3 months ago

    Yea, you’re right. The knock on effects aren’t pretty and a lot of spouses and kids will suffer. It’s unpleasant.