Colin Kaepernick SPAC Deal Collapses, Testing Celebrity Halo

The Change Co. appeared like the right firm for Colin Kaepernick’s SPAC to purchase. The California lender focuses on minority debtors underserved by conventional banks, a comfortable match with the previous Nationwide Soccer League star’s social-justice activism.

However a deal ran aground final week over a peculiar concern: Mr. Kaepernick’s reluctance to stump for the merger on stay tv, folks conversant in the matter stated.