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re: Special Purpose Acquisition Company (SPAC) Discussion

Posted on 1/12/21 at 7:48 am to
Posted by cgrand
HAMMOND
Member since Oct 2009
39173 posts
Posted on 1/12/21 at 7:48 am to
quote:

beginning the warrant/common shares split process.

I saw that mentioned earlier
I own some HAACU, could you explain please how (and why) to do this?
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4223 posts
Posted on 1/12/21 at 8:03 am to
I just got on the Schwab chat and spoke with a broker and he started the process. I believe it was $39 for them to do the split.

I’m doing it so I can play the common shares and warrants differently. The warrants will usually take off at a huge percentage compared to the common shares on the initial pop and I will dump them at that point and then hold onto the commons as we approach merger.
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 1/24/21 at 1:36 pm to
I cant find a ticker for Gore II or the new Hennessy spacs. Are the warrants being sold yet? If so can someone direct me where find them . Thanks
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