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Re: None

Monday, 06/29/2020 9:42:24 AM

Monday, June 29, 2020 9:42:24 AM

Post# of 376
Something to look at: HCCH during my last buy. Common at $11.42, Warrants at $2.12 (11.50+2.12=13.62) so this has a premium, BUT the rights HCCHR at $0.85 and are equal to 1/10 share. So 10 warrants costing a total of $8.50 gets you one share of a $11.42 common. That's a 25% discount. But it trades very lightly, so it has a big spread.


Also, the rights automatically convert to shares after the business combo.


See the 2nd paragraph of https://www.globenewswire.com/news-release/2020/06/08/2044889/0/en/HL-Acquisitions-Corp-executes-Business-Combination-Agreement-with-Fusion-Welcome-Fuel-SA-providing-entry-into-the-Green-Hydrogen-sector.html
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  • 5Y
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