https://abs.twimg.com/emoji/v2/... draggable="false" alt="✳️" title="Stern mit 8 Strahlen" aria-label="Emoji: Stern mit 8 Strahlen"> Stock Market Investors https://abs.twimg.com/emoji/v2/... draggable="false" alt="✳️" title="Stern mit 8 Strahlen" aria-label="Emoji: Stern mit 8 Strahlen">

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 https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">

Special Purpose Acquisition Companies:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">are shell companies that enable well-connected sponsors to raise capital

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">are commonly referred to as “blank-check companies”

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">intend to turn a private co. into a public co. through a reverse merger

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">have 24 months to acquire an operating business

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">can vote to extend negotiating window after the 2 years

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔹" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">normally open around $10/share

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔸" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute">SPAC’s are a fairly complex concept, but the key points above is a quick summary

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Some of the recent successful SPACs include:

Virgin Galactic https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete"> ($SPCE)
Opened @ $10.41
Currently @ $22.79

DraftKings https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏈" title="American Football" aria-label="Emoji: American Football"> ($DKNG)
Opened @ $9.80
Currently @ $36.70

Nikola Motor https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚛" title="Sattelschlepper" aria-label="Emoji: Sattelschlepper"> ($NKLA)
Opened @ $9.57
Currently @ $52.49

https://abs.twimg.com/emoji/v2/... draggable="false" alt="▶️" title="Nach rechts zeigendes Dreieck" aria-label="Emoji: Nach rechts zeigendes Dreieck"> Note: most SPAC’s open around $10, but once news on potential agreements emerges - price may spike

Hot SPACs to keep an eye on:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Tortoise Acqusition ($SHLL)
-Merging w/ EV truck company Hyliion

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Graf Industrial ($GRAF)
-Announced plans to merge w/ LiDAR tech company Velodyne

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Collier Creek Holdings ($CCH)
-Signed definitive agreement w/ snack company Utz Brands

cont.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Lancadia Holdings II ($LCA)
-Entered into agreement w/ Golden Nugget Online Gaming

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Opes Acquisition Corp ($OPES)
-Announced combination w/ restaurant chain BurgerFi

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> Insurance Acquisition ($INSU)
-Signed agreement w/ used car eCom company Shift Technologies

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔅" title="Niedrige Helligkeit Symbol" aria-label="Emoji: Niedrige Helligkeit Symbol"> Conclusion https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔅" title="Niedrige Helligkeit Symbol" aria-label="Emoji: Niedrige Helligkeit Symbol">

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉🏼" title="Rückhand Zeigefinger nach rechts (mittelheller Hautton)" aria-label="Emoji: Rückhand Zeigefinger nach rechts (mittelheller Hautton)">This is a very popular trend in 2020 for private companies to hit the public market

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉🏼" title="Rückhand Zeigefinger nach rechts (mittelheller Hautton)" aria-label="Emoji: Rückhand Zeigefinger nach rechts (mittelheller Hautton)">It offers investors good swing trade and/or long term opportunities

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉🏼" title="Rückhand Zeigefinger nach rechts (mittelheller Hautton)" aria-label="Emoji: Rückhand Zeigefinger nach rechts (mittelheller Hautton)">Be sure to target hot industries such as EV, fintech, etc.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="❇️" title="Glanz" aria-label="Emoji: Glanz"> 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 https://abs.twimg.com/emoji/v2/... draggable="false" alt="👍🏽" title="Thumbs up (mittlerer Hautton)" aria-label="Emoji: Thumbs up (mittlerer Hautton)">