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CANO is one of the most exciting deSPACs out there, IMO. Regarding 10% of shareholders cashing out– 95% of these proceeds went to the financial sponsors. It's not surprising InTandem would cash some out, and they still hold a big position. And just 5% was to the management team, and I quote , "which is using the money to pay off loans, primarily taken by Marlow to start the company 10 years ago." Max Bid Marlow loves betting on himself, haha.

Regarding merging at a lower price– remember, the SPAC market was very tight when CANO was pricing their PIPE in Oct/Nov. Plus CANO has done a lot of executing in the past year, raising guidance multiple times.

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Been meaning to check out Hail Mary at some point... rarely read fiction anymore, I miss it. enjoyed Weir's Martian a few years ago, fun read.

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