26 Capital Blames Okada for Merger Breakdown 26 Capital, a special purpose acquisition company (SPAC), has initiated legal action against entities associated with Okada Manila, one of the Philippines’ largest integrated casino resorts. The lawsuit accuses the Okada Manila parties of failing to act in good faith and not taking the necessary steps to finalize a previously agreed-upon merger deal. According to 26 Capital, the repeated delays and lack of cooperation ultimately led to the collapse of the transaction, which was valued in the billions. https://theamberpost.com/member/26-capital-acquisition-corp