There was a report groq missed revenue targets by 75%. It wouldn’t move hard for the board to conjure a “dire” sell or die story. As it’s not an acquisition, they are somewhat freed from proving market value.
It’s a good point, if they are actually struggling then a fire sale is justified.
The counterpoint would be that 3 months ago they raised $750m at a $6.9B valuation. Unless they are burning through that cash so fast that they need to start raising immediately, the missed target shouldn’t be an existential blow.
