The document discusses the financial risks and challenges associated with completing an initial business combination. It highlights the potential insufficiency of funds outside the trust account to sustain operations for 24 months, the reliance on loans from sponsors or management, and the potential need for write-downs or write-offs post-combination. It also addresses the risks of not uncovering all material issues during due diligence and the impact of financial charges on stock value.
documents/vol00010-efta01366320-pdf.pdf
{"document_type":"financial","reference_numbers":["DB-SDNY-0057846","SDNY_GM_00204030","EFTA01366320"]}