On September 23rd, Clanker team member Jack Dishman wrote that Rainbow had contacted Clanker last month to discuss a potential acquisition. After some discussion, the Clanker team decided that the cooperation was not suitable and informed the other party last Thursday.
However, on Friday, Rainbow contacted again, threatening to release a letter publicly if the Clanker team did not respond. After Clanker made it clear again that it would not move forward with the deal, they released an open letter today about their proposed acquisition of Clanker without consent. Clanker is not interested in working with Rainbow, especially after this treatment, and therefore does not plan to continue related negotiations.
Clanker rejects Rainbow's potential acquisition offer
2025-09-23 00:46:32
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