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Official Spac Thread
Thread: Official Spac Thread
05-07-2021, 02:52 PM
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#3511
- RoyalRyy
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- RoyalRyy
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Originally Posted By Heaney⏩
Yeah **** happens. I'm hoping once IPOE is taken care of Chamath is gonna focus his attention on IPOF. Only a matter of time bros.Two spacs I wish I hadn't of missed were ACTC and IPOE.
HTC
05-07-2021, 03:04 PM
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#3512
- Heaney
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- Heaney
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Originally Posted By RoyalRyy⏩
I have an order in AH for more IPOF+ not sure if it'll hit though. I really doubt Chamath brings a shiet deal to the market, he's too much of an egomaniac.Yeah **** happens. I'm hoping once IPOE is taken care of Chamath is gonna focus his attention on IPOF. Only a matter of time bros.
Tweet out from his podcast today saying no pod this week but there might be a "special drop " next week so I'd bet we see something IPOD or IPOF related sooner than later.
05-08-2021, 09:41 AM
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#3513
- RobParks2M
- mad hatter
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Originally Posted By guideX⏩
I'd consider shifting to something else that might see a pop. There won't be any more catalysts for MAAC. biopharma companies aren't that glamorous and their 2 phase 1 trial meds statistically may never make it to market (something like 1 out of 3 in phase 1 get through and eventually make it to market). Despite their relatively high marketcap they should still be considered a moonshot IMO unless you know someone in industry who is certain they'll be acquired. I'm not even sure what they think they'll do with the $$$. Getting one drug through the trials 1-3 can cost up to 1 billion dollars.I'm hodling a fair chunk of MAAC warrants, any idea if its worth continuing to hodl? It ran from 90c to $1.50 on news of merger with Roivant (for Q3 2021) and now back to $1.30.
My avg is $2.
Just wondering if it's worth taking the loss and DCA into IPOF+ / PSTH+ or even BWAC+ which has to be at floor RN.
My avg is $2.
Just wondering if it's worth taking the loss and DCA into IPOF+ / PSTH+ or even BWAC+ which has to be at floor RN.
I'm hoping SPACs start getting a little hype here soon and it seems Rawlson is willing to put in some work. Lucid is dropping a big announcement commercial while Musk is on SNL tonight which hopefully will be entertaining.
Chamath teasing a news drop this coming week which might just be IPOE news or could hopefully be dam good IPOF news.
GIK redeemers are also finally getting their money back, some other big name spacs are finally merged/merging so this should hopefully start pushing at NAV spacs back away from the $10 line up closer to $10.50 or $11 hopefully. Everything starting to set back in motion so hopefully we see a little pent up news come through and money start flowing back to new exciting companies coming public via spac. Inflation is seriously going to get insane so valuations aren't going to matter before too long.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-08-2021, 10:10 AM
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#3514
- Heaney
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- Heaney
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So based on the Reuters article IPOF would own 45% of Equinox? Even with it being a non sexy target I don't see how that's not bullish for investors. 1.15B trust plus 2B PIPE at an EV of 7.5B.
Also surprising to see Chamath able to get 2B in PIPE for a company that apparently everyone online hates.
Also surprising to see Chamath able to get 2B in PIPE for a company that apparently everyone online hates.
05-08-2021, 10:28 AM
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#3515
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Heaney⏩
is it an added 2b pipe or 2B going to company total?So based on the Reuters article IPOF would own 45% of Equinox? Even with it being a non sexy target I don't see how that's not bullish for investors. 1.15B trust plus 2B PIPE at an EV of 7.5B.
Also surprising to see Chamath able to get 2B in PIPE for a company that apparently everyone online hates.
Also surprising to see Chamath able to get 2B in PIPE for a company that apparently everyone online hates.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-08-2021, 10:35 AM
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#3516
05-09-2021, 02:06 PM
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#3517
- ajctennis
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- ajctennis
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I wouldn't touch PSTH. Possibly IPOF if it comes down a little. I personally have plenty in BWAC so not adding there. There are other spacs to buy with warrants at 1.1 or below that are pretty good. I've held all of my MAAC but debating selling it at 1.5. Im trying to find out more information on the company. While I've heard good things so far not sure if it will move quickly at this point. We'll see.
Originally Posted By guideX⏩
I'm hodling a fair chunk of MAAC warrants, any idea if its worth continuing to hodl? It ran from 90c to $1.50 on news of merger with Roivant (for Q3 2021) and now back to $1.30.
My avg is $2.
Just wondering if it's worth taking the loss and DCA into IPOF+ / PSTH+ or even BWAC+ which has to be at floor RN.
My avg is $2.
Just wondering if it's worth taking the loss and DCA into IPOF+ / PSTH+ or even BWAC+ which has to be at floor RN.
05-10-2021, 06:45 AM
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#3518
- RobParks2M
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- RobParks2M
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Lots of DA's dropped today. Interested to see what price action does.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-10-2021, 06:59 AM
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#3519
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
HCIC not doing anything on Plus AI DA which more or less signals the death of speculative EV da'sLots of DA's dropped today. Interested to see what price action does.
05-10-2021, 07:05 AM
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#3520
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Heaney⏩
There is that one ^HCIC not doing anything on Plus AI DA which more or less signals the death of speculative EV da's
SWBK taking scooter company BIRD public at 2.3 Billion which is going to get shorted to 0 real quick.
STPC taking Benson hill public- no idea if the deal is good or not.
LivK- agilethought going public. Deal might be decent for a digitial solutions company valued at 500M with 120M in cash.
Vice rumored to be coming out with a DA pretty soon.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-10-2021, 07:49 AM
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#3521
- RobParks2M
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- RobParks2M
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Can anyone explain why there aren't $10C options for IPOF in Aug/Sept expirations??? I don't understand why there are gaps there...
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-10-2021, 02:52 PM
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#3522
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
Think spac options are determined by volumes so likely not enough interestCan anyone explain why there aren't $10C options for IPOF in Aug/Sept expirations??? I don't understand why there are gaps there...
Along those lines, think I'll continue to try and average down on my position. The more tech craters the more I see a strong reopening play being a great long term buy IF the valuation is right. I'll puke if it's something like 9B though. My benchmark would be Planet Fitness's market cap @7B. Equinox has more revs (over 2x pre pandemic) and less debt on the books (1.1B vs 1.6B).
05-10-2021, 02:54 PM
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#3523
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
That projected revs graph for agile is pretty rough, basically no growth the next 4yrs......but its still better than the garbage exponential growth that Plus is claiming.There is that one ^
SWBK taking scooter company BIRD public at 2.3 Billion which is going to get shorted to 0 real quick.
STPC taking Benson hill public- no idea if the deal is good or not.
LivK- agilethought going public. Deal might be decent for a digitial solutions company valued at 500M with 120M in cash.
Vice rumored to be coming out with a DA pretty soon.
SWBK taking scooter company BIRD public at 2.3 Billion which is going to get shorted to 0 real quick.
STPC taking Benson hill public- no idea if the deal is good or not.
LivK- agilethought going public. Deal might be decent for a digitial solutions company valued at 500M with 120M in cash.
Vice rumored to be coming out with a DA pretty soon.
05-10-2021, 03:45 PM
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#3524
- ajctennis
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- ajctennis
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Yea anything that is speculative tech I would not be in atm, the rotation has been brutal. I sold everything out of Altu and positioned over to some other spacs.
OACB- Anything in the 1.1 or below range is a buy. Extremely strong sponsor that will definitely get a deal done.
Obviously in BWACW
JWSM- Barry has been doing very well. I like his warrants at 1.1 or below as well. Easy buys.
MAACW ive held 90% of them. Someone clearly likes Roivant as there have been lots of buying on the warrants. I'll hold for now.
In VSPR/ Now SKIN. Was a magnificent play where I bought before merger.
In a couple other spacs that are focused on consumer goods & industrial. Not touching anything that has a space target or is speculative tech at this point.
OACB- Anything in the 1.1 or below range is a buy. Extremely strong sponsor that will definitely get a deal done.
Obviously in BWACW
JWSM- Barry has been doing very well. I like his warrants at 1.1 or below as well. Easy buys.
MAACW ive held 90% of them. Someone clearly likes Roivant as there have been lots of buying on the warrants. I'll hold for now.
In VSPR/ Now SKIN. Was a magnificent play where I bought before merger.
In a couple other spacs that are focused on consumer goods & industrial. Not touching anything that has a space target or is speculative tech at this point.
05-10-2021, 03:59 PM
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#3525
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By ajctennis⏩
Yup never wanted anything to do with EV (except CCIV ayyy lmao!), space, or anything else not making money.Yea anything that is speculative tech I would not be in atm, the rotation has been brutal. I sold everything out of Altu and positioned over to some other spacs.
OACB- Anything in the 1.1 or below range is a buy. Extremely strong sponsor that will definitely get a deal done.
Obviously in BWACW
JWSM- Barry has been doing very well. I like his warrants at 1.1 or below as well. Easy buys.
MAACW ive held 90% of them. Someone clearly likes Roivant as there have been lots of buying on the warrants. I'll hold for now.
In VSPR/ Now SKIN. Was a magnificent play where I bought before merger.
In a couple other spacs that are focused on consumer goods & industrial. Not touching anything that has a space target or is speculative tech at this point.
OACB- Anything in the 1.1 or below range is a buy. Extremely strong sponsor that will definitely get a deal done.
Obviously in BWACW
JWSM- Barry has been doing very well. I like his warrants at 1.1 or below as well. Easy buys.
MAACW ive held 90% of them. Someone clearly likes Roivant as there have been lots of buying on the warrants. I'll hold for now.
In VSPR/ Now SKIN. Was a magnificent play where I bought before merger.
In a couple other spacs that are focused on consumer goods & industrial. Not touching anything that has a space target or is speculative tech at this point.
STILL can't believe people would be upset about a luxury fitness group being taken public by Chamath in this environment. Seems great relatively
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-10-2021, 04:07 PM
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#3526
- ajctennis
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- ajctennis
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I think it's great. If valuation is cheap and warrants drop ill go balls deep. But seems unlikely to drop below 1.5.
Originally Posted By RobParks2M⏩
Yup never wanted anything to do with EV (except CCIV ayyy lmao!), space, or anything else not making money.
STILL can't believe people would be upset about a luxury fitness group being taken public by Chamath in this environment. Seems great relatively
STILL can't believe people would be upset about a luxury fitness group being taken public by Chamath in this environment. Seems great relatively
05-10-2021, 04:08 PM
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#3527
- Heaney
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- Heaney
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Originally Posted By RobParks2M⏩
Exactly, this is really all that matters though at the end of the day.STILL can't believe people would be upset about a luxury fitness group being taken public by Chamath in this environment. Seems great relatively
https://fintel.io/so/us/ipof
I expect this number to increase substantially on a DA with a solid valuation.
05-11-2021, 09:15 AM
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#3528
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By guideX⏩
Yeah new public company hype is entirely gone and this chart proved it for me.Thanks boyos.
Sold out of PSTHW with a 11k loss and going to want around to see what happens with MAACw but will most likely also dump this for a 6k loss. Im hopeful of recovering these relatively small amounts through crypto **** coins.
That will just leave my terribly depreciated IPOF and BWACw.
Sold out of PSTHW with a 11k loss and going to want around to see what happens with MAACw but will most likely also dump this for a 6k loss. Im hopeful of recovering these relatively small amounts through crypto **** coins.
That will just leave my terribly depreciated IPOF and BWACw.

That said, inflation is still going nuts so perhaps after things cool off some stuff starts to come back who knows.
Thank god I didn't start using options...I thought about it for a hot minute.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-11-2021, 09:54 AM
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#3529
05-11-2021, 09:58 AM
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#3530
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By NoScrubz⏩
I freed up 5,000 yesterday. Had I woke up at the open I might have at <9.90.Still hanging in brahs. Fuark IPOF is at the floor anyone adding?
Not sure what to do rn so not really adding or selling anything.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-11-2021, 10:04 AM
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#3531
- RoyalRyy
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- RoyalRyy
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Originally Posted By NoScrubz⏩
Gonna add 500 more at 1.57. If it fills, great. If it doesn't I'll still be able to sleep at night lol.Still hanging in brahs. Fuark IPOF is at the floor anyone adding?
HTC
05-11-2021, 12:50 PM
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#3532
05-11-2021, 02:50 PM
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#3533
- MountainLion84
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- MountainLion84
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Just read the SWBK/BIRD news
I lost this one, cut bait on my 1000 Units?
I lost this one, cut bait on my 1000 Units?
05-11-2021, 03:17 PM
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#3534
05-11-2021, 03:27 PM
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#3535
05-11-2021, 03:45 PM
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#3536
- MountainLion84
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Originally Posted By Heaney⏩
Ridiculous.... oh well, $1,400 lose if I sell at current price tomorrow.Multi-billion dollar scooter company....who knew.
Cash on the side doesn’t sound so bad though right now.
05-11-2021, 10:15 PM
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#3537
- RobParks2M
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- RobParks2M
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Originally Posted By MountainLion84⏩
Yeah that valuation is absolutely trash. blows my mind they thought that was going to be even moderately well received after the last few months.Ridiculous.... oh well, $1,400 lose if I sell at current price tomorrow.
Cash on the side doesn’t sound so bad though right now.
Cash on the side doesn’t sound so bad though right now.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-12-2021, 07:51 AM
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#3538
- adamsz
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- adamsz
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so I split some units recently on my ToS account and it made me think:
once they're split, it shows my cost basis as zero on the resulting warrants and commons, and shows the YTD P/L as if I acquired them for $0
when I sell the warrants or commons, am I getting taxed on them as if I paid $0 for them?!? Since it doesn't seem to take into consideration the cost basis from when they were bought as a unit, this got me thinking...
once they're split, it shows my cost basis as zero on the resulting warrants and commons, and shows the YTD P/L as if I acquired them for $0
when I sell the warrants or commons, am I getting taxed on them as if I paid $0 for them?!? Since it doesn't seem to take into consideration the cost basis from when they were bought as a unit, this got me thinking...
Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
05-12-2021, 03:44 PM
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#3539
- Heaney
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- Heaney
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Originally Posted By hiyooo⏩
Don't wanna be a wet blanket but Ackman saying they're in talks with an "iconic" company pretty much ends all hope of Stripe. Likely Bloomberg if I were a betting man.looks like im gonna hold all my spacs, gonna be all long term plays, not expecting DA pops anymore.
SRNG - ginkgo syn-bio tech company at 17.5 bil - conference call if interested -https://kvgo.com/openexchange-inc/gi...orks-call-2021
IPOF - if it's equinox not a bad recovery play but really depends on valuation.
PSTH - bill just said it's not a restaurant hence 5% bump just now. he found a company just waiting for DA. so bloomberg/stripe are still on the table
gl brahs
SRNG - ginkgo syn-bio tech company at 17.5 bil - conference call if interested -https://kvgo.com/openexchange-inc/gi...orks-call-2021
IPOF - if it's equinox not a bad recovery play but really depends on valuation.
PSTH - bill just said it's not a restaurant hence 5% bump just now. he found a company just waiting for DA. so bloomberg/stripe are still on the table
gl brahs
05-12-2021, 07:43 PM
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#3540
- Heaney
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- Heaney
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Originally Posted By hiyooo⏩
Exactly. Crazy times, stocktwits/reddit still seem to be infatuated with spacs getting tech companies which seems absurd right now. The two best performing DA spacs right now are WeWork and TOPPS sports cards. Every tech spac is getting rekt, eToro is getting close to nav, SRNG under nav etc.at least subway/starlink conspiracies are out. im cool with bloomberg or anything boomer related esp in the current market.
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