Software Acquisition Corp II has been flying under the radar for months but it looks like Otonomo Is its merger target. Otonomo is a automotive data company which sounds boring but is a game changer when you consider that most dating coming from cars is wasted or under utilized. See the attached pdf and podcast episode for DD. 109075_1.pdf1.05 MB
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.
