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D-Orbit terminated the deal to go public via a SPAC merger with Breeze Holdings Acquisition in a $1.28bn deal.

Synopsis

D-Orbit, a developer of a decommissioning device, terminated the deal to go public via a SPAC merger with Breeze Holdings Acquisition in a $1.28bn deal. "Despite market conditions that were beyond our control and the subsequent need to terminate our agreement with Breeze, we remain incredibly confident about D-Orbit's business and continued growth," Luca Rossettini, D-Orbit CEO.

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