... yet another IPO I wouldn't touch, with a ten foot pole: https://www.zerohedge.com/markets/maker-flying-motorcycle-go-public-spac-deal Samuel, '04 Ruthiemobile
there's a purpose to these things. it's not for the feint of heart, or people just trying to make a living. but if you can entice wall street, you can grow rich quickly, without ever having to succeed
This is something even worse, a SPAC (special purpose acquisition company), the market for which has soured over the past couple years: "... ALI Technologies was considering an initial public offering on Japanese markets but wanted to be listed via a SPAC deal on the Nasdaq instead. The deal was first announced in September, and since, the SPAC market has slowed due to rising interest rates and increased regulatory scrutiny."