150 days after the initial business combination is December 12, 2021, for the founders warrants to be exercised they would have to stay above 12.00 for 20 days out of 30 days after that date to cash in those warrants, and the other warrants are for 11.50 a share. Right now we are at 5.20 a share, if we could get a major run to $40 then the 11.50 a share warrants would be gone and the price could already be above 12.00 on December 12th through the New Year. Then on New Years Day or the day after they would cash in the warrant. What does this mean, looking at the chart we are ready to increase, the price should double at minimum these next two months. All imo.
my posts are always theory and not financial advice