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Maverick - 3 years ago
I really need to do some DD on this one. Does anybody have the simple breakdown on this one? If not, I'll look into it this weekend. It looks like there's plenty of time to get in this one as events aren't really until September so this run was a bit premature and won't hold.
SPAC Central
| Created By: | Maverick |
| Created: | Jun 21, 2020 |
| Total Followers: | 7 |
| Follow | |
SPACs ("Special Purpose Acquisition Companies") are blank check companies that have cash in them and are seeing a target to acquire. These can be fun because it's a 🕵️♀️ game of who they're going to acquire. It can be profitable if the target company ends up being something in a hot space.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.