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


To: Glenn Petersen who wrote (3120)1/11/2021 2:12:31 PM
From: Triffin4 Recommendations

Recommended By
Glenn Petersen
Katelew
kidl
sixty2nds

  Respond to of 3862
 
A clue on the PIPE valuations

I don't think the current SPAC premium to NAV ( if there is one )
would impact the insiders structuring a merger agreement ..
Pre signing a DA the price action of the SPAC shares is pure speculation ..
From the deals I've seen the PIPE investors get the NAV of the Trust for their investment ..
I would think that any SPAC share premium to NAV at the TIME of the PIPE
investors agreement would act as an inducement to make the investment ..

Triff ..