Joe will have to give up way more than 20% of NGIO to a SPAC. Also all the other companies going public thru SPACs have revenue, we have zero. They will not even approve one with us since we could just go under and their SPAC is gone and got nothing for it. Just my opinion of course.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.