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Thanks for posting. I guess we'll see.
They may find their patents invalidated if DK can claim non-original concept.
I think that target price is where we were when Grasso said 3X.
Anyone know what the new ticker will be? NDIE?
Google PSTH universal. WSJ is the primary source.
Wow. Nothing. That's funny. If UMG, here's their artist list. https://en.m.wikipedia.org/wiki/List_of_Universal_Music_Group_artists
Mods. Please request ticker change.
Agreed. But will it follow the BTC dead cat bounce first?
Ignore my last post. No earlier than August. One year from IPO.
We "may" be on our way to warrants being called early:
Business Combo: April 23, 2021
Exercise Period: 30 days after the completion of our initial business combination: May 22, 2021
The last sale price of our common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like and for certain issuances of common stock and equity-linked securities as described above) for any 20 trading days within a 30-trading day period commencing once the warrants become exercisable and ending on the third trading day prior to the date on which we send the notice of redemption to the warrant holders.
WSJ article. BA said a few weeks or start over.
Good. Maybe I won't have to roll my June calls.
Yes, but if you read the filing, those are the Chinese Class A shares, not the ADR shares.
Might want to add about 20 million for the warrants.
Mods...
The original LEV group was closed and NGA was its successor. YOu might need to contact iHub support to reverse that. I don't think you can directly change to LEV since it already existed.
Anyone also in NGA/Lion?
Anyone taking the loss on their warrants and moving to the shares?
No, they didn't. CNBC has been reporting this holding since at least March 1, according to archive.org. And there's no "buy" record anywhere. They hold shares, and have for almost 2 months.
Someone just got excited because they happened to scroll down the CNBC holders page.
Nope, here's what Cramer tweeted:
im Cramer
@jimcramer
Apr 20
"Thinking of blasting some meme stocks and bogus shorts! What do you think?"
No reason to think it's SOS.
You do realize that the indexes are made up of stocks. And that today I am slightly down. Since Jan 20, up.
Added a couple thousand more shares at $4.
Today's investor presentation: http://microvast.com/index.php/news/info/120
Too soon. Historically in June.
Except there was another EV. And when I checked yesterday, it was ahead of us. It's a custom job.
Every week... Short squeeze. We'll rocket up. To the moon.
Retail investors are just along for the ride and have to believe.
One of the only things that I credit to Cramer... You know nothing.
I am long.
First, I am long.
This from today's PR:
Investors are advised that Tuscan Holdings Corp. and Microvast officers and directors are unable to purchase shares from investors and vote them to support the extension amendment.
That would leave Oshkosh & Morgan Stanley to make this happen.
VOTE!
It's lonely at the top.
Did you read? It's a 3 year effective date from legislation.
Of course they are. Retail investors getting into something that requires less disclosure than an IPO. I see the SEC making SPACs give the same info as required for IPOs.
Now it's approved. 12:06:53pm EDT
No. You're early. They just closed the polls.
A very strong hold post merger.
Batteries in the bed?
No, that's not the terms of the warrants. I have held over 20 SPAC warrants post merger. Just started my DD here, but...
The most common early redemption clause is if the stock is trading at or above $18.00 for 20 out of 30 trading days. If the warrant is exercisable, management can issue a 30-day written notice and redeem those warrants early. Expired warrants get redeemed at $0.01 per warrant, so basically worthless. Redemption can be cash or cashless.
Typically, 30 days after merger, you can redeem warrants (sometimes a bit longer as shares need to registered).
The company can not violate their warrant terms as filed.
Yes, they "look" real. When they state how much they mined, they "will" be real.
Already on both subreddits.
That FAQ does not answer all of the issues raised by both short reports.
I've responded to a lot of posts regarding why Bitcoin is going up and other minors are going up but SOS is not on Reddit.
Until SOS issues a quarterly report telling us how many Bitcoins they have mined and their current value, there will be no correlation to Bitcoin for other miners. Right now all they are is a company that is running miners, they technically do not have any Bitcoin at all, because they haven't announced that they have mined any. They have just showed Miners working, legally that means nothing. Tell me in a public statement how many Bitcoins have been mined and give me an estimate on how many are expected in the next quarter.
Think like a lawyer, not an investor.
For the record, I am long SOS.
Some are complaining that they should raise the dividend instead. Not me. This will raise the share price and probably lead to a dividend increase to hold the percentage.
I am considering the purchase of one of two SPACs: IPOE / SoFi or GHVI / Matterport. DD on both completed, torn between both, could buy both.
I am not posting this to either group, as I know their positions.
Looking for opinions on both or either.