Monday, April 29, 2024 5:03:00 PM
"A SPAC might be best described as money looking for a promising private company to invest in.
A SPAC is a public company having already gone through the IPO process.
One of the main risks for SPAC investors is the competence of the SPAC management team in navigating the target company’s market."
No successful private company would ever believe that Sharp is a competent CEO.
I recently saw an OTC company do a deal with a SPAC and I immediately called it out as a fake deal - and I was right as Nasdaq delisted the SPAC.
Sharp has been the CEO of FORW for over 5 years and no real company has approached him.
Why did Sharp file an amended S-1 on 04/15/2024?
IG
The First Casualty of Emotion is Reason.
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