According to Deep Tide TechFlow news on August 8, Blockworks reported that the Solana digital asset treasury company (DAT) led by Joe McCann has canceled its plans to go public through a special purpose acquisition company (SPAC). According to informed sources, the company originally planned to raise up to $1.5 billion through a merger with Gores Holdings X. The financial entity named Accelerate is currently seeking alternative development paths.

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SOL1.48%
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