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spac

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Enhanced Shares Fall 14 Percent After SPAC MergerBloomberg
finance17 hrs agoDeveloping

Enhanced Shares Fall 14 Percent After SPAC Merger

Enhanced went public through a merger with blank-check company A Paradise Acquisition, receiving a $1.2 billion enterprise valuation. The stock sank 14 percent following the debut. The transaction marks the latest SPAC deal to face immediate market pressure.

Bloomberg
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