>>60733105
That's every SPAC ever. Almost all of them (including NXDR) are crabbing at 80-90% loss relative to IPO, a select few have recovered or exceeded it, and the rest are bankrupt.

>>60733143
The thesis is it will experience a SPAC rebound as we've seen with some tickers (resulting in at least a 3x), and that's totally possible, but I've never even once seen an argument why it should be NXDR in particular, and not one of the dozens of other SPACs in the same position.
I'm more than a little sceptical because nobody so far has been willing to explain what their business model is. When you look it up on google or SeekingAlpha you'll get 'something something connecting local businesses and communities (hence, nextdoor)' and they have no brand or product that anybody's ever heard of. Based on that and the unwillingness of NXDR bulls to discuss even the very basics of the business, I can only conclude that it's a scam or very nearly a scam.

Which probably means that I'm completely wrong and it randomly does a 10x before the year is out.