Tomorrow.io and Other SaaS Companies Face Stress over SPAC Failures and Exit Opportunities
Posted on 08/24/2022
As the SPAC craze quickly died down as fast as it went up, many tech companies are realizing they are running out of cash to keep things going. The Tomorrow Companies Inc. (Tomorrow.io), a Boston-based weather intelligence platform, terminated its planned merger with Pine Technology Acquisition Corporation, a SPAC, due to market conditions back in…
