BowX Accquisition Corp (BOWX)

[TheFinalCD]

and just like that... 2 years after the company initially hoped to IPO, WeWork will be a public company.

$BOWX shareholders approved the merger today. Closing is expected on Thursday with WeWork debuting as $WE on Friday.

and just like that... 2 years after the company initially hoped to IPO, WeWork will be a public company.$BOWX shareholders approved the merger today. Closing is expected on Thursday with WeWork debuting as $WE on Friday.

— ListingTrack (@listingtrack) October 19, 2021

[teifhals]

Over 3M in vol on investor day.

[teifhals]

Hold on tight!

[makinezmoney]

$BOWX: Andddddddd I'm in here..... 8k at 10.25



Letsssssssssss goooooooooooooooo baby :)



GO $BOWX

[teifhals]

After the financial crisis in 2009 there was a huge shrinkage in real estate. Many companies ended up buying back into their portfolios at a higher price. I don’t think they’ll make the same mistake twice.

[teifhals]

WeWork Chair Marcelo Claure Says Demand Higher Than Pre-Pandemic Levels: Bloomberg $BOWX https://t.co/ADAc40drgu

— Investor News (@newsfilterio) May 18, 2021

[teifhals]

This is a $30 stock as we reopen the economy and companies re-think their real estate strategy. I think the center of the US is a huge opportunity.

[teifhals]

The blessing from Kramer this morning caused a nice little early pop. Hope that continues.

[tsuami]

Whose seen the Wework documentary movie? Just watched, wow. Biggest leasee in NYC. Have to do some digging here to see what's still left of their amazing coworking office and living spaces. Great proven concept, and provable again as we pass the lockdown stage. The future is bright for co-living and co-working for the gen Zers. Hopefully the new CEO pulls the spiritual mumbo jumbo out of the equation

[JohnCM]

Interesting play.

[TallTrader]

Investor Presentation...

https://diyuyeja.kinsta.cloud/ideas/wp-content/uploads/sites/4/2021/03/WeWork-Management-Presentation-March-2021-vF-1.pdf

[TallTrader]

WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.

- WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space market and the future of work
- Within the past year, WeWork has made significant progress in the ongoing transformation of the business with a focus on cost-management and smart digital innovations
- COVID-19 has accelerated the demand for flexible workspace among organizations large and small, which WeWork is uniquely positioned to serve on a global basis
- A significantly improved cost structure combined with strong demand from WeWork members globally presents a clear path to positive adjusted EBITDA
- The transaction implies a pro forma initial enterprise value of approximately $9 billion for WeWork; resulting cash on hand will enable WeWork to fund its growth plans
- WeWork will receive approximately $1.3 billion, including a fully committed $800 million private placement investment with key investors including Insight Partners, funds managed by Starwood Capital Group, Fidelity Management & Research Company LLC, Centaurus Capital, and funds and accounts managed by BlackRock

https://www.businesswire.com/news/home/20210326005197/en/WeWork-to-Become-Publicly-Traded-Via-SPAC-Merger-with-BowX-Acquisition-Corp.