Cornelius-based SPAC calling it quits after failing to find partner

Mallard Acquisition Corp., a $110 million special purpose acquisition company based in Cornelius, is shutting down after having failed in two years to find a merger partner to purchase and take public.

Mallard Acquisition Corp., a $110 million special purpose acquisition company based in Cornelius, is shutting down after having failed in two years to find a merger partner to purchase and take public. Read MoreCharlotte Business News – Local Charlotte News | Charlotte Business Journal