Niocorp Developments Ltd (NB)

[PutzMueler]

Most people do not procrastinate
I voted NO a month before the SPAC.
I also voted a month before the AGM

Curious why a majority of GX shareholders would vote for the merger and then not convert their shares to NioCorp shares unless they were spooked by the 2nd largest bank failure

Zero risk redeeming shares that c/w warrants.
They voted yes so their warrants would not be invalid and useless.

They should outlaw SPACS. The SPAC Shareholders can’t lose, unless the merging company fails.
But at that point they would have the same risk as the merging companies shareholders, as investors.

In my opinion when the vote happens to accept the merger that should be the same time the shares are locked in and unable to be redeemed.
And the SPAC shareholders should vote first, to give the merging company shareholders the option to accept or reject what the SPAC shareholders have made real.

All the risk is on the shoulders of the merging companies shareholders and that’s just wrong.

JMO