Could be. I didn't dig into the details as to why it wasn't approved. Could be because of Bitcoin or maybe spac's aren't allowed and it is something that fell through the cracks on the online brokerages end or it could part of new legislation that got passed recently.

If it was a larger position for me, I would look into it more but it's only a couple hundred dollars in my portfolio. I just bought it in solidarity with a Bitcoin company,.