Replies to post #7 on Vector Acquisition Corp (VACQ)

[fr8]

What call option? There are no options in SPACs.
I assume you mean the warrants?
They do not work the way you think.
You buy the warrants
The company does not want to have the warrants execute because they have to issue new stock.
So once the conversion is done, the company immediately resets the expiration date for warrants to a short time in the future (like a month or two).
They then try to make as many of the Warrants underwater as possible.
After everything is over, they then try to rally the stock.
This does not happen every single time but it happens a lot.

[fr8]

What call option? There are no options in SPACs.
I assume you mean the warrants?
They do not work the way you think.
You buy the warrants
The company does not want to have the warrants execute because they have to issue new stock.
So once the conversion is done, the company immediately resets the expiration date for warrants to a short time in the future (like a month or two).
They then try to make as many of the Warrants underwater as possible.
After everything is over, they then try to rally the stock.
This does not happen every single time but it happens a lot.