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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (65641)	12/8/2020 8:47:47 PM
From: Steve Felix	Respond to of 78958

Yeah, I was trying to give some info, while trying to point out that these can be a little like the wild west. AMCIW lol!! I bought 6000 at avg. .84 on this news that spiked them to $1.12. The boards of directors of both Advent and AMCI have unanimously approved the proposed transaction, which is expected to be completed in the fourth quarter of 2020 or early 2021, subject to, among other things, the approval by AMCI's shareholders and Advent's shareholders, satisfaction of the conditions stated in the Merger Agreement and other customary closing conditions. In connection with the business combination, AMCI will also amend its warrants at the closing of the business combination to cash-out all of its outstanding warrants for a payment of $1.50 per warrant, subject to approval by its warrant holders. Was carrying a $2800 loss at the worst of it. If this is put in an announcement, the decision to call it off should be required too imho, but it only showed in an SEC filing. Decided the best course was to wait for the actual merger announcement, but have since sold 3000, leaving the other 3000 paid for, as I have seen these things called off, and I don't want to be the bag holder twice. Seems to be taking a while between news. Sept. 22nd: AMCI Acquisition (NASDAQ: AMCI) enters a non-bidding letter of intent to have a business combination with a fuel cell technology company.