Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1399)	11/28/2007 11:51:47 AM
From: jrhana	Read Replies (1) \| Respond to of 3862

Thanks, so the SEA warrants might well be exercisable and even forcibly redeemed soon. It seems to me that the increase from 18 to 24 months probably comes from SEC complications. From what I can see, the SEC makes these companies jump through a huge amount of red tape hoops. So I Imagine that at least with the more sophisticated and adroit managements, the biggest delay is not in finding a suitable candidate for acquisition. Nor is it in the intricacies of negotiating the deal. But rather the biggest hurdle can be dealing with government bureaucrats. 24 months then makes sense, but it can seem like an interminable time to holders of the shares and even more so to the warrant holders.