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Friday, 02/23/2024 3:44:56 PM

Friday, February 23, 2024 3:44:56 PM

Post# of 730630
As per Co-Pilot "Paladin Acquisitions Corp. is a special purpose acquisition company (SPAC) that was indeed formed to acquire the assets of the WMI Liquidating Trust. However, the primary purpose of this acquisition was not specifically to allow former shareholders of Washington Mutual, Inc. (WaMu) to receive a cash payment for their shares. Instead, the SPAC’s goal was to acquire and manage the remaining assets of the trust as part of the winding-down process."
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