blank check

Alliance, said after the meeting that he was “heartened that the city didn’t give this misadventure a blank check.”

“There are no more blank checks. Every investment must make economic sense,” Tan told employees in a memo last week.

“There are no more blank checks,” Tan wrote.

“To have a blank check for this level of leave — there’s no way to really plan or prepare for it from a staffing or financial standpoint, which in the end hurts students.”

Angel Studios last week announced its intention to become a publicly traded company through a merger with a so-called “blank check” company.