Sorrento Therapeutics Inc (SRNE): Reason SPAC deal is a yawner to market i...

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FitzyP33

Re: None

Friday, 03/18/2022 8:59:28 AM

Friday, March 18, 2022 8:59:28 AM

Reason SPAC deal is a yawner to market is because the timing is Q322 from press release. That's taking much longer than normal SPAC deal which adds tremendous risk to actually getting done.

When the deal actually closes you might see some movement. Then again SPAC deals have gotten crushed out of the gate so the movement could be down.

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