Looked up the stock and it was one of those SPAC scams. SPACs have mostly been pump and dumps and I wouldn't be surprised if they went the SPAC route to scam people out of a whole bunch of money so that they could use a fraction of that money to buy back the company and take it private. It wouldn't surprise me if they got their buddies to short it to make even more money and hasten the stock reaching down to the point where they can take it private on the cheap and do whatever else they want to do to suck out more money from the operation without being beholden to the shareholders they scammed.