Replies to post #185 on Switchback Energy Acquisition Corporation (SBE)

[jsc52033]

SBE/WS and that was the price of SBE when I did it
For some reason the market is expecting a pull back in the price pf the common.
If its at a primum the market expects the price of the common to rise.
Just watch and see how they work out

[multivalue]

Markie,

Here's how I figure it now after some reading:

So each warrant allows me to buy 1 share of Common A stock at $11.50 in the future.

I paid $6.65 the other day for each warrant I bought (SBE+ or SBE WS) so $11.50 + $6.65 = $18.05 would be my price of 1 SBE stock.

Since SBE is trading at $27.53 right now, I would get them at a discount of $9.48 ($27.53 current PPS - $18.05 my warrant exercise price)

https://www.businesswire.com/news/home/20190725005891/en/Switchback-Energy-Acquisition-Corporation-Announces-Pricing-of-Initial-Public-Offering