Pre-deal SPACs The general strategy of buying a pre-deal SPAC common share is benefiting from a potential good deal with the downside protection of the redemption at NAV. Obviously, the problem is the opportunity cost of having your money tied there until a deal lands or the SPAC terms out, as well as losing the premium to NAV paid - if any.
Dwelling on the SPAC phenomenon
Dwelling on the SPAC phenomenon
Dwelling on the SPAC phenomenon
Pre-deal SPACs The general strategy of buying a pre-deal SPAC common share is benefiting from a potential good deal with the downside protection of the redemption at NAV. Obviously, the problem is the opportunity cost of having your money tied there until a deal lands or the SPAC terms out, as well as losing the premium to NAV paid - if any.