so apparently that $1.6 billion ether machine spac deal just fell through. wasn't really following the details but saw it pop up in my feed - basically the market conditions got too rough for them to make it work. pretty wild timing honestly. been seeing a lot of spac news lately and most of it seems to be deals getting shelved or restructured when things get choppy. makes sense though, when institutional interest dries up and sentiment shifts, these kind of mergers become a lot harder to close. the spac space has definitely cooled down from what it was a couple years ago. curious if we'll see more of these collapse or if things stabilize. market's been weird lately anyway