Replies to post #747 on WONDERFUL WORLD OF WARRANTS

[ErnieBilco]

$14.3 mil annual revenue 100 employees.

Doesn't look like such a great deal with the likes of bigger players in the auto parts e-commerce space - Amazon, Ebay, Rock auto etc etc etc.

[jtomm]

LGC.WS - Just in case anybody is new to SPACs, it's good to know that in many, if not most, of these SPAC deals the warrants are subject to repricing. It's possible that with more and more SPACs looking for deals, there may be more warrant re-pricings in the future. I've seen some re-pricings where even after you read the new deal it's still very difficult to understand what the new terms are. Sometimes there can even be multiple re-pricings to get the deal done:

https://www.sec.gov/Archives/edgar/data/1698113/000121390020027442/ea127107ex99-1_legacy.htm?utm_source=ActiveCampaign&utm_medium=email&utm_content=How+to+Kill+a+Good+SPAC+Warrant+Pop&utm_campaign=9%2F21%2F20