“Our quest to become a public company is taking longer than expected, but we respect the SEC’s ongoing work to lay new digital asset frameworks and clarify industry-specific disclosure and accounting complexities,” said Bullish Chairman and CEO Brendan Blumer in a statement announcing the the termination of his company’s deal to go public via a merger with special purpose acquisition company (SPAC) Far Peak Acquisition (FPAC).
Source: https://www.coindesk.com/business/2022/12/22/peter-thiel-backed-crypto-exchange-bullish-calls-off-spac-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines