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But I think the real reason is that DWAC probably couldn’t have done this deal without lying. It’s not just that DWAC lied in its prospectus by saying it hadn’t had discussions with TMTG when it had. If it had told the truth — if it had said “we’re a SPAC that’s raising money to take Trump Media & Technology Group public” — it wouldn’t have been allowed to do its offering in the first place. A SPAC is supposed to be a blank-check company without any particular private company to take public. If you are raising money to take one particular company public, that’s not a SPAC. That’s just a regular initial public offering. You don’t just file for a blank check; you file for an initial public offering, with all of the regular disclosure about the company’s business and finances.
The APEs Can Be Saved
bloomberg.com
Human society depends upon the fact that we can expect people to behave with the same kind of regularity and predictability as the rest of nature.
How to Think About Free Will | Psyche Guides
psyche.co
Like so many other words we use, bricking means different things. According to Wikipedia, “the word ‘brick’, when used in reference to consumer electronics, describes an electronic device such as a mobile device, game console, or router that, due to corrupted firmware, a hardware problem, or other damage, can no longer function”. That article goes on to draw distinction between a hard and soft brick, both of which cover a multitude of causes and consequences.
Explainer: The ‘Bricked’ Mac
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