Smart-Glass Maker View Under Pressure From Cantor Fitzgerald, May Be Forced To Sell Assets

View Inc., a smart-glass company once valued at $2B, is facing a potential debt restructuring or asset sale, according to a filing with the Securities and Exchange Commission this month. View went public on the Nasdaq Stock Market via a $1.6B merger with a SPAC, but by May 2023, the company faced delisting after accounting errors forced it to audit its previous financial reports.

Cordell Eminent Scholar Jay Ritter explains why View isn’t alone among companies that went public via SPACs in late 2020 and early 2021 that haven’t lived up to the promise. 

Read more in this story from Bisnow.