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Stock Market Investors IPO’s (initial public offerings) tend to create a lot of hype
2019 saw a ton of great traditional IPO’s such as Beyond Meat ($BYND), Chewy ($CHWY), Livongo ($LVGO), and Zoom ($ZM)
A special type of IPO has been all the rage in 2020...
[Thread]
Yes! I’m talking about SPAC’s 
Special Purpose Acquisition Companies:
are shell companies that enable well-connected sponsors to raise capital
are commonly referred to as “blank-check companies”
intend to turn a private co. into a public co. through a reverse merger
Special Purpose Acquisition Companies:
are shell companies that enable well-connected sponsors to raise capitalare commonly referred to as “blank-check companies”intend to turn a private co. into a public co. through a reverse merger
have 24 months to acquire an operating businesscan vote to extend negotiating window after the 2 yearsnormally open around $10/share
SPAC’s are a fairly complex concept, but the key points above is a quick summary
Some of the recent successful SPACs include:
Virgin Galactic 
($SPCE)
Opened @ $10.41
Currently @ $22.79
DraftKings
($DKNG)
Opened @ $9.80
Currently @ $36.70
Nikola Motor
($NKLA)
Opened @ $9.57
Currently @ $52.49
Note: most SPAC’s open around $10, but once news on potential agreements emerges - price may spike
($SPCE)Opened @ $10.41
Currently @ $22.79
DraftKings
($DKNG)Opened @ $9.80
Currently @ $36.70
Nikola Motor
($NKLA)Opened @ $9.57
Currently @ $52.49
Note: most SPAC’s open around $10, but once news on potential agreements emerges - price may spike
Hot SPACs to keep an eye on:
Tortoise Acqusition ($SHLL)
-Merging w/ EV truck company Hyliion
Graf Industrial ($GRAF)
-Announced plans to merge w/ LiDAR tech company Velodyne
Collier Creek Holdings ($CCH)
-Signed definitive agreement w/ snack company Utz Brands
cont.
Tortoise Acqusition ($SHLL)-Merging w/ EV truck company Hyliion
Graf Industrial ($GRAF)-Announced plans to merge w/ LiDAR tech company Velodyne
Collier Creek Holdings ($CCH)-Signed definitive agreement w/ snack company Utz Brands
cont.
Lancadia Holdings II ($LCA)-Entered into agreement w/ Golden Nugget Online Gaming
Opes Acquisition Corp ($OPES)-Announced combination w/ restaurant chain BurgerFi
Insurance Acquisition ($INSU)-Signed agreement w/ used car eCom company Shift Technologies
Conclusion 
This is a very popular trend in 2020 for private companies to hit the public marketIt offers investors good swing trade and/or long term opportunitiesBe sure to target hot industries such as EV, fintech, etc.
Always do your DD before buying stocks!
If you’d like any more information - feel free to ask in the comments or shoot me a DM 
