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# Khaby Lame’s $975 million merger stays frozen as stock craters 99%
- URL: https://www.medianexis.com/khaby-lames-975-million-merger-stays-frozen-as-stock-craters-99/
- Published: 2026-10-18T17:48:31.000Z
- Updated: 2026-10-18T17:48:31.000Z
- Description: Business Insider’s Lucia Moses and Dan Whateley report that a new Rich Sparkle Holdings filing shows Khaby Lame’s merger remains conditional on due diligence and valuation terms unchanged since January.
- Author: The Signals Desk
- Tags: Creators, Lucia Moses, Dan Whateley, Khaby Lame's $975M deal frozen

**Why it matters.** The stalled, shrinking payout gives investors a cautionary data point for valuing future creator-led public listings.

*Signal from* [*businessinsider.com*](https://businessinsider.com/?ref=medianexis.com) *·* [*Lucia Moses*](https://www.medianexis.com/tag/by-lucia-moses/)*,* [*Dan Whateley*](https://www.medianexis.com/tag/by-dan-whateley/) *·* [*read the original*](https://www.businessinsider.com/khaby-lames-975-million-deal-limbo-months-after-announcement-2026-10?ref=medianexis.com)*.*