ZombieTechnology
What Happened to KLDiscovery?
Ticker: KLDISPAC Year: 2019
Return
-99.9%
Current Price
$0.1
Peak Price
$27
Trust Size
$609M
Summary
KLDiscovery is a provider of electronic discovery, data governance, and information management solutions for law firms, corporations, and government agencies.
What Happened
KLDiscovery went public through a SPAC merger with Pivotal Investment III in 2019. The company provides e-discovery software and services used in legal proceedings and investigations. KLDiscovery has faced going concern warnings and the stock has plummeted from its SPAC-era levels, struggling to generate consistent profitability.
Timeline
2019-01-11
S-1 Registration Filed
2024-12-03
Last SEC Filing