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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 6/29/20 at 7:55 pm to
Posted by auyushu
Surprise, AZ
Member since Jan 2011
8603 posts
Posted on 6/29/20 at 7:55 pm to
Thanks for setting up this thread and explaining everything LSUregit.

Just a random question on Spac warrants in general. Is it generally always a 11.50 per share strike/buy in cost to convert them to shares, or does that vary (from looking I noticed some do half share instead of full shares on warrants).

Also, what are you thoughts on nfin/nfinW?
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 6/29/20 at 10:11 pm to
Varies depending on company's Prospectus but spacs are generally $11.50 strike (unless you're Ackman).

NFIN seems very interesting with potential to run short term but won't be a meme stock.
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