Leading Amazon aggregator Thrasio delays SPAC offer as best executives exit

Thrasio, an early chief in the big business of Amazon aggregators, experienced a booth at the popular Prosper Clearly show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.

Katie Schoolov

Thrasio, the major U.S. aggregator of Amazon 3rd-bash sellers, was racing to the public markets to gas its rapid growth. But the firm has delayed its approach to go general public as a result of a SPAC amid issues with its monetary audits, according to people today with expertise of the issue.

Thrasio experienced eyed finishing a reverse merger with a unique objective acquisition firm by the stop of the calendar year, just before shifting system more than the summer season, reported the persons, who asked not to be named because the plans have not been discussed publicly. The enterprise could still pursue a SPAC, but is also contemplating other financing alternatives, which include a regular IPO,

Read more