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Benzinga
Benzinga
Business
Chris Katje

Former NFL QB Colin Kaepernick The Latest SPAC Casualty, Costing Investors Millions

A SPAC that included a former National Football League quarterback is the latest to announce a liquidation. The SPAC was close to locking down a deal, but it might have fallen apart at the hands of the quarterback.

What Happened: The SPAC Mission Advancement Corp (NYSE:MACC) recently announced plans to liquidate. The SPAC counted former NFL player Colin Kaepernick among the sponsors involved.

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