Ok, I'd like to offer up some observations on this one...
I believe Capullo did this, but it really doesn't look like him. I think it's the coloring and not having someone like Miki inking it. Did he color this as well? I looked, and https://www.spawnworld.com/books/ongoing/ongoing173.htm didn't say anyone else had a hand in it, just Andy Troy (I'm not familiar with him) colored the book.
I'm not into the white border on the left either. I get why they may have tried it. Likely to try to appeal to the dealers that stack their books over each other on a shelf (mine does this) so they can be seen when the "standard" titles are covered. But this one is different, where the image is behind the banner and it isn't just the white with the "bug" print. I'm wondering if it was supposed to be moved over like the previous covers but it got shifted. I know his sig is off the the right, and maybe that's why they went it with this way but like that couldn't be moved.
There's also so much dead space for no real reason, I'm not a fan. I'm ok with it where it makes sense but it doesn't work here. I wonder if this was meant to look more like this (pardon my weak photoshopping skills):
Thoughts?