according to three sources familiar with the matter, the SPAC listing transaction of Solana Treasury Company Accelerate (originally named) led by Joe McCann has been canceled. It is reported that the specific situation is still unclear at present, and it is pointed out that they may try to find a different way forward. The reason for the failure of this transaction has not been immediately disclosed. Earlier reports stated that the company had originally planned to go public and raise up to $1.5 billion through a merger with Gores Holdings X to establish a special purpose acquisition company (SPAC).