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Scandle34

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Scandle34

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Re: Milo1 post# 1522

Monday, 02/22/2021 7:10:11 PM

Monday, February 22, 2021 7:10:11 PM

Post# of 5685
CCIV shares were placed at $10. Speculators traded them up past $60 on hope, not on value. The PIPE is a 50% premium to the cash value of the company and the deal value must be over $15/share for PIPE investors to take a lockup. I have not done the math to see what the deal value is. No comment on that as I am not in the stock.
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