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Moderator: GrandAdmiralThrawn Assistants: NewTrader2017, Lvnthedream, KILLAZILLA
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Last Post: 4/27/2021 1:28:57 PM - Followers: 0 - Board type: Free - Posts Today: 0

What Is a Special Purpose Acquisition Company (SPAC)? 

A special purpose acquisition company (SPAC) is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. Also known as "blank check companies," SPACs have been around for decades. In recent years, they've become more popular, attracting big-name underwriters and investors and raising a record amount of IPO money in 2019. In 2020, as of the beginning of August, more than 50 SPACs have been formed in the U.S. which have raised some $21.5 billion.

My Picks for 2021:

$GVSI
$RETC

What people tend to not see is that reverse mergers and SPACS are very similar in almost every way, and the premice is still the same. So once you understand the similarities everything else becomes easier to understand. It could be said that the OTC is riskier than big boards but both have the same premice. 

In order to come together, I have re-consolidated this into the League of Traders Consortium, the reason for this angle, is to hope that great traders, investors, and visionaries, such as myself, can form together in a most influentual way, and share ideas and come together when moderators on other boards do not allow such truths to formulate on the very boards they moderate. I hope to see most of you that come here to this board put forth ideas that will go into certain depth without revealing too much of the stocks' secrets. 

Remember:

Learn about art. When you understand a stocks art, you understand that stock.

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#21   ((((( $SNDL )))))) SpotOnTrade 04/27/21 01:28:57 PM
#20   $AMIH, $WTII, $VITX, $CURR, and $SPRT are my GrandAdmiralThrawn 04/25/21 11:41:01 AM
#19   Read headline to fast. Looks like NeuroRx doing KILLAZILLA 10/15/20 10:57:20 PM
#18   LOAD UP NOW!!! RLFTF merger with NeuroRX and KILLAZILLA 10/15/20 01:39:43 PM
#17   EUA Coming very soon. Positive pr with topline KILLAZILLA 10/13/20 04:23:14 PM
#14   $RLFTF Been in this one and should be KILLAZILLA 10/09/20 05:39:33 PM
#13   $TPTW They're into various different things. I like KILLAZILLA 08/03/20 04:10:31 PM
#12   $GAXY looks pretty good. Most kids home schooling. KILLAZILLA 08/03/20 04:08:13 PM
#11   I like the transparency of this board........Keep it Immanuel-Immanuel 07/23/20 02:52:32 PM
#10   So new stock for the weekend and early GrandAdmiralThrawn 07/17/20 01:46:14 PM
#9   I'm thinking Nasdaq might be my element from GrandAdmiralThrawn 07/15/20 09:17:36 PM
#8   $MMEDF MIND MEDICINE INC. KILLAZILLA 07/15/20 06:27:42 PM
#7   $ENZC on HIGH ALERT!!!!!!!!!!! Let me repeat, $ENZC GrandAdmiralThrawn 07/15/20 04:30:26 AM
#6   $RSPI ready for a multi-penny run GrandAdmiralThrawn 07/15/20 12:37:39 AM
#5   $SFIN gaining nice today, holding for dollars, because, GrandAdmiralThrawn 07/14/20 11:12:13 AM
#4   I'm hoping to take over another board, this GrandAdmiralThrawn 07/14/20 04:22:51 AM
#3   ZERO DOUBT LVXI SHELL being taken over!!..zero!...Writing on Lvnthedream 07/14/20 01:38:11 AM
#2   I’m liking lvxi a lot..mngmt will come through Lvnthedream 07/14/20 01:34:47 AM
#1   $SFIN and $LVXI are my picks so far GrandAdmiralThrawn 07/13/20 09:44:30 PM
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