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KOmani

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KOmani

Re: None

Wednesday, 08/03/2022 3:09:42 PM

Wednesday, August 03, 2022 3:09:42 PM

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Trying to understand a little about SPACs

Anyone know why this would be down 30% the day before the new company officially goes on the exchange?

Could it just be so that if it were to go to $10, it would appear to be up?

Seems strange to dump the day before new company is listed.

Perhaps some people can't sell after it changes for a few days and would rather get out before?

If anyone has any theories or examples, it would be appreciated.

Trying to learn a little from this current example.
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