SPAC Merger Called Off and the special purpose acquisition company with which it planned to merge as a method of going public have canceled the proposed merger by mutual consent, the companies announced Monday., the parent company of, in August 2021 announced it would go public via a merger with online travel agency and SPAC Astrea Acquisition Corp. Instead, the companies “have mutually agreed to terminate their previously announced business combination agreement,” they announced in a joint statement. 

A special meeting of Astrea stockholders that had been scheduled for Tuesday concerning the would-be merger has been canceled, Astrea noted in