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A comment on 23andMe to merge with VG Acquisition Corp. to become publicly-traded company. Parent comment

Re:23andMe to merge with VG Acquisition Corp. to become publ... by kpommerenke on Friday February 05, 2021 @11:59AM (#26038433)
Once the SPAC has identified a company to buy, investors in the SPAC get a choice to either stay invested or get their money back with interest. So it's only a blank check initially, but not once it matters. Source: https://www.bloomberg.com/opinion/articles/2021-01-08/spac-m...
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