Niocorp Developments Ltd (NB): The redemption rate of SPACs over the la...

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Niocorp Developments Ltd (NB)

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Re: Dead On Arrival post# 108520

Tuesday, 02/20/2024 10:06:08 AM

Tuesday, February 20, 2024 10:06:08 AM

The redemption rate of SPACs over the last few years appears to be high. It didn't seem to matter what the combination was. I dont know why spac shares would be bought for no reason other than arbitrage maybe? I don't know if this just felt different to them or if it was a dice roll to see what sticks, or who knows. I know the uplist came but that has been really hard to sell as a positive. Even though it is an actual positive in the future if EXIM and Stellantis "hit". (Like lotto numbers. Thanks Walter.)

https://accelerateshares.com/wp-content/uploads/2020/05/The-Art-of-SPAC-Arbitrage-1.pdf

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