View Inc
🪦 BankruptTrust Size
$815M
Peak Price
$13.50
Current Price
$0.00
Return
-100.0%
Peak Market Cap
$3.0B
What Happened
Smart glass technology company that made windows which tint automatically. Bankrupt in 2023 after burning through $2B+ and restating financial results.
View merged with CF Acquisition Corp VIII (Cantor Fitzgerald) in March 2021. The company makes electrochromic smart windows that tint automatically based on sunlight — installed in airports, offices, and high-end buildings. But the technology was expensive, installation complex, and the market tiny. View burned through over $2B in cash, restated financials due to accounting errors, received SEC subpoenas, and filed for bankruptcy in November 2023. It was one of the most capital-destructive SPACs in history.
Projections vs. Reality
Projected Revenue
$800M
What they told investors
Actual Revenue
$54M
What actually happened
Hype-to-Reality Ratio: 7.0x
Key People
Rao Mulpuri
CEO
Stepped down 2022 amid SEC inquiry
Howard Lutnick
SPAC Sponsor (CF)
Cantor Fitzgerald CEO, serial SPAC sponsor
Timeline
2020-11
SPAC merger announced
2021-03
Merger completed
2022-05
Financial restatement, SEC subpoena
2022-09
CEO steps down
2023-11
Chapter 11 bankruptcy filed
🔀 Reverse Stock Split
Reverse split ratio: 1:15. Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.
⚖️ Legal Actions
• SEC enforcement action or investigation
• Class action lawsuit filed by shareholders
📄 SEC Filings
View all EDGAR filings for View Inc
Risk Scores
Dilution Score
78/100
Insider Profit Index
72/100
Hype-to-Reality Ratio
7.0x
Projected ÷ actual revenue