Bed Bath-linked firm gets $350M valuation

The $350 million valuation for tZERO is a total distraction from the reality of this deal. The parent company—formerly Bed Bath & Beyond—isn't getting a single cent in cash; they’re just swapping paper in a speculative SPAC merger that might not even close until 2027. With $25 million tied to "milestones" and massive dilution risks, this isn't a retail comeback—it's a high-stakes blockchain gamble using a legacy brand's shell. Is this a genius pivot or just another SPAC trap?
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