Shareholders approve Bird-SPAC merger, stock promptly falls
TechCrunch
NOVEMBER 2, 2021
first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. Shares of the SPAC were off as far as 20% before recovering. News broke in May that Bird was looking at a SPAC-led debut on the public markets.
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