This is a touch hyperbolic, isn't it? If they are rolling in SPAC cash, why not just write a large sponsorship check to Mastodon gGmbH and get a closed-source license?
Meanwhile it just looks really bad for open source in general:
This project is free but if you use it people will sue you for not complying with obtuse regulations. With this other software the rules are clear and the vendor isn’t going to sue you, you just have to pay a few thousand dollars.
Now let’s all act all surprised companies are hesitant to use open source software.