Tiny Tech
I just came across this SPAC that made its debut on the Toronto Stock Exchance (TSX). Long story short the company invests in and then turns around and buys companies that use the Shopify platform. Seems like it could be very volatile but worth a look:
bloomberg.com/news/articles/20...
bloomberg.com/news/articles/20...
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SPAC Central
| Created By: | Maverick |
| Created: | Jun 21, 2020 |
| Total Followers: | 7 |
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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.