3 ms·As I understand it, if you don’t like what the SPAC acquires you can demand your money back.by cstejerean 5y agoAs I understand it, if you don’t like what the SPAC acquires you can demand your money back.nikanj 5y agoMinus fees, obviously. They make money no matter what drivel they buy.ivalm 5y agoI don’t believe minus fees. The fees are generally the extra shares when it de-spacs. In fact for spacs that trade below nav they are like variable cash instruments.