Palantir
inventory is coming underneath promoting stress amid factors regarding the implications of a chapter eleven chapter submitting final week by
quick Radius
a supplier of cloud-based mostly manufacturing and current chain computer software.
quick Radius (ticker: FSRD) went public in February through a merger with a SPAC, or particular-purpose acquisition agency, acknowledged as ECP Environmental progress alternatives Corp. In a financing associated to the deal, quick Radius raised further money through a PIPE, or public funding in private equity offering. As a aspect of that deal, Palantir invested $20 million, buying for 2 million quick Radius shares at $10 every.
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