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Re: Mojocash post# 9264

Tuesday, 12/07/2021 7:07:03 AM

Tuesday, December 07, 2021 7:07:03 AM

Post# of 44861
From the PIPE 8-K

Hedge funds get their shares at a STEEP discount, then have permission to sell all of those shares. The catch here is they can dump all those discounted shares AS SOON AS THE MERGER CLOSES, which is far from SPAC norms.

Convertible death spiral confirmed


https://www.bloomberg.com/opinion/articles/2021-12-06/the-trump-spac-did-a-pipe
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