#Spacs

$IPOE I reviewed the subscription agreement and there are no restrictions on PIPE investors shorting to "box" their position. This explains the high short interest and it'll be less likely

After a while, I read a sensible article on SPAC. A must read irrespective of you like or hate SPACs. “Profitability has also rarely been a requirement for an IPO.

1/n: A story in headlines. And my personal favorite - a truly legitimate question. This ended because I got tired, not because I ran

Chamath Palihapitiya

SPAC Dynamics: An interesting turn in SPACs are those SPACs being raised by Venture Funds, Growth Funds or Crossover funds in the hopes of working with an existing portfolio company.There

1/ Random thought: the current SPAC boom has accelerated so rapidly because PE/VC firms were/are in desperate need of a new method of exiting bad investments that they have been

1/ $ASTS So where is all the downward pressure coming from? A thread on PIPEs and their impact on SPACs post closing. #spacs #spacsquad 2/ $ASTS Typically PIPE investors are

Tim "endless summer" Maloney

MaloneySandwich

For those of you curious about how SPACs compare to other methods of "going public", I highly recommend this article by @bgurley https://abovethecrowd.com/2020/08/23/going-public-circa-2020-door-3-the-spac/ In a past-life, I worke

The IPO is dyingHere’s a thread on why SPACs (special purpose acquisition companies) are disrupting the IPO 2/Traditional IPOs are designed to pop on the first dayIt gets us

One private equity firm plans to dominate sports investing through the resurgence of an old investment vehicle.Time for a thread 1) Last week, private equity firm RedBird Capital Partners

1/ Fascinating conversation between @HarryStebbings and @chamath - my key outtakes written in the first person. 2/ Note I’ve written before about Social Capital’s initial mission and the "platforming of

John Street Capital

0/ The retail bid has disappeared from the SPAC market which was an anomaly itself as opposed to the norm. This has caused SPACs with & without deals (prior to

1/ SPAC 101: What the heck is a PIPE and why are these guys good, bad and ugly?A thread about PIPEs and the important role they play in SPACs 2/

Two new energy transition SPAC mergers announced in the last week - ChargePoint and XL Fleet. So, it's time for SPACattack v2.First, enterprise value. To buck the trend, both of

David Taggart-PDMacro.com

1/Today in "talk your book Tuesday" Ill share a special situation trade I have on. "Oh why not your macro stuff?" well 1-I have shared a bit of that lately

1/ (of 15)PERFORMANCE UPDATE – 9th Apr 2021YTD: 24.3%....of which Long-term +20.1% & Trading +31.3% Note:A/ These are static results; not time-wgtd (TWR). Waiting on data from my trading platform

Sheep of Wall Street

Going on for many weeks/days. Look at the performance of the size factor. Here’s what happened:1) In 2019/20, most PMs got burned on SMID shorts. 2) As a result, most