InvestorsHub Logo

fr8

Followers 4
Posts 99
Boards Moderated 0
Alias Born 04/15/2016

fr8

Re: food4thought post# 1324

Thursday, 03/04/2021 10:45:20 PM

Thursday, March 04, 2021 10:45:20 PM

Post# of 1475
Just my two cents:
1) When a SPAC converts the new owner wants to wipe out all the warrants because they have to issue new stock for every warrant that converts.
2) So what they do is immediately call the warrants in. In our case Monday is the last day warrants can be converted to stock.
3) So from a business point of view after Monday is when you want to start promoting and doing whatever you can to make the stock go higher.