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Edtech Companies Announce Liquidation
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Several edtech companies, including EdtechX Holdings Acquisition Corp. II, FTAC Zeus Acquisition Corp., Aequi Acquisition Corp., and Pegasus Digital Mobility Acquisition Corp., have announced their intentions to liquidate and return funds to shareholders. Better World Acquisition Corp. has also announced its liquidation due to its inability to complete an initial business combination within the required time period.
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How might the liquidation of these edtech companies impact the edtech industry and the broader startup ecosystem?
What factors might have contributed to the inability of these edtech companies to complete an initial business combination within the required time period?
What measures could be taken by edtech companies to avoid liquidation and ensure a successful business combination?
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