The bottom line is the SPAC gets you to a higher exchange or to become a public trading company however companies must perform, must produce, must provide results.
Agree.
The positive aspect about this deal going forward via SPAC is that, they have some/enough time (given the current/ongoing developments regarding trials, etc.) to give a real chance for the pps to move up nicely. There will be some periods of time (I am assuming that they will be short term or fleeting) when the pps may tank; and this may cause many to throw in the towel( that they may regret later, considering the potential). Highly likely that the pps will rebound in a big way and then keep moving higher if the results/developments are delivered without much delay.
It is going to be game - a mix of conviction vs intuition and timing.