D8 Holdings Corp

ProfofPump 23:58 PM - Jul 14 2020

This is a brand spanking new SPAC that appears to be geared towards consumer brands. The management team David Chu and Donald Tang have extensive experience in the retail space: Chu founded Nautica. Shares + warrants will be offered with shares equaling 1 and 1/4 [someone check my math] of a share in the eventual company. The SEC filing is below:

sec.report/Document/0001213900...

Comments

Maverick - 3 years ago

As to your math:

Units contain 1 share and 1/2 of a warrant (this keeps the shares in even amounts)
Each warrant is 1:1 @ 11.50

Maverick - 3 years ago

Hey ProfPump - when you create posts, will you please add in the ticker? It helps those of us that think in tickers. #trader4life

In this case, it's DEH

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.