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When Hindenburg Research post a blog on its website , it often means a companionship ’s final days are near .
Today , that companionship is Hindenburg Research .
Nate Anderson announced Wednesday he has shut down unretentive - sell business firm Hindenburg Research after a seven - year run issuing damnatory study about gamy - visibility company , include many of the technology worldly concern ’s giants and buzzy inauguration .
“ As I ’ve share with family , friends and our team since tardy last year , I have made the determination to disband Hindenburg Research , ” Anderson wrote in ablog post . “ The design has been to wind up after we end up the pipeline of ideas we were working on . And as of the last Ponzi cases we just completed and are sharing with regulators , that 24-hour interval is today . ”
Hindenburg ’s reports gain a repute over the long time for their prescient investigations and thorough research into look out on and ignored corner of public markets . In many representative , the firm ’s reports predated SEC investigations , condemnable bill of indictment , and massive stock drops around the companies it aim .
Anderson articulate there ’s no specific reason for disband Hindenburg today . He said the short - sell firm has reached a degree of achiever that he never expected , and that now is a good time to move on .
However , Anderson did apportion that the last seven class running Hindenburg had taken a toll on his health and personal life . He noted in the blog that he often awake up in the middle of the Nox with young ideas for investigating . Anderson also rationalize to his kinsperson and friend in the post , stating he ’ll have more time to spend with loved ones now .
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Over the years , Hindenburg has targeted some behemoth of the engineering creation . Anderson put out a 2024 poor composition on Roblox where he characterized the gaming weapons platform as an “ ex - rated pedophile hellscape . ” Weeks afterwards , Robloxrolled out unexampled safety feature for parentson the platform . Hindenburg has also shorted publicly traded technical school company such as Super Micro and Block .
Hindenburg also developed a report for taking on some of the red-hot electric vehicle startups .
Hindenburg targetedhydrogen galvanizing fomite startup Nikola in a 2020 report , shortly after General Motors announced it had pick out an 11 % post . The brusque seller claimed Nikola ’s trucks were not fully operative , and impeach the party ’s leaders of nepotism . A government investigating into Nikola followed Hindenburg ’s story , and ultimately , led to a village with the SEC and the Nikola beginner ’s article of faith on security and wire fraud charge .
In 2021 , Hindenburg published ashort report about Lordstown Motors , take the galvanising automaker had faked EV motortruck preorders . Those claim turned out to largely be true , according to the Securities and Exchange Commission , whichcharged the EV society with misdirect investor and force it to pay $ 25 million .
