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Insiders: The listing of Solana's treasury company Accelerate has been canceled.
According to a report by Jinse Finance, three informed sources revealed that the listing of the Solana treasury company Accelerate (originally planned name) led by Joe McCann through SPAC has been canceled. The specific situation is still unclear, and it is noted that they may try to find different paths forward. The reasons for the failure of this deal have not been immediately disclosed. Previous reports indicated that the company originally planned to go public and raise up to $1.5 billion by forming a special purpose acquisition company (SPAC) with Gores Holdings X.
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