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Can't wait for their S-1 filing. For a business as distasteful as this, there should be quite a few gems and interesting risks.
by flixic 6y ago
Can't wait for their S-1 filing. For a business as distasteful as this, there should be quite a few gems and interesting risks.
- rattray 6y agoI don't think there will be one, since they're doing a SPAC merger. They're not doing an IPO, but rather merging with an empty holding company that's already done one.
- r00fus 6y agoIs that a common exploit for going public?
- rattray 6y agoYes, increasingly so. The froth of 2020 has led to a big increase in the use of SPACs, despite them previously being viewed as super sketchy. https://www.investopedia.com/terms/s/spac.asp https://www.investopedia.com/terms/s/spac.asp
- perardi 6y agoAhhhh, wonderful, joining the eminent, definitely not a scam at all, no sir, firms like Nikola Motors.