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Official Spac Thread
Thread: Official Spac Thread
05-26-2021, 04:07 PM
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#3571
- Heaney
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Originally Posted By RobParks2M⏩
Yeah I don't disagree there. A target like that does kinda lend itself more to the rumored 2B pipe deal than Equinox. Guess we'll find out someday.I mean, I think he could potentially sell them on his vision for changing the world and the "social" aspect of his group. That and he has the funding in place and assuming he has a solid deal he has a big following as well.
05-26-2021, 04:22 PM
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#3572
- RobParks2M
- mad hatter
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Originally Posted By Heaney⏩
You know when Chamath is doing these deals he walks into the office and under his breath he mutters "I'm fawking Zeezbrah"Yeah I don't disagree there. A target like that does kinda lend itself more to the rumored 2B pipe deal than Equinox. Guess we'll find out someday.
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05-27-2021, 12:50 PM
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#3573
06-01-2021, 03:24 PM
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#3574
06-03-2021, 04:05 PM
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#3575
- RobParks2M
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Originally Posted By NoScrubz⏩
I bought 400 more warrants at 1.80 bringing me to 1500 $2.66 dca. Sold my June calls and tried to buy September calls instead but didn’t get them before they jumped.Added more IPOF today. 2k shares at $11.19 average. Any days now boys hang in there!
Also Ackman supposedly taking universal music public with a valuation of 40B. Not sure if that’s good or not?
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0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-03-2021, 04:14 PM
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#3576
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Originally Posted By RobParks2M⏩
Universal Music? U fukin wot m8I bought 400 more warrants at 1.80 bringing me to 1500 $2.66 dca. Sold my June calls and tried to buy September calls instead but didn’t get them before they jumped.
Also Ackman supposedly taking universal music public with a valuation of 40B. Not sure if that’s good or not?
Also Ackman supposedly taking universal music public with a valuation of 40B. Not sure if that’s good or not?
06-03-2021, 05:46 PM
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#3577
06-03-2021, 05:55 PM
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#3578
06-03-2021, 06:22 PM
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#3579
- Heaney
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- Heaney
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Originally Posted By hiyooo⏩
Like I said, completely dependant on the valuation. If you compare it to Warner Bros and Sony its fairly valued around 3x-3.5x earnings which would be less than 30B @7B revs. 40B would leave little room to run.It literally can't go tits up, I ain't selling.
Double-Digit Streaming, Publishing Gains Drive Universal Music Group 2020 Earnings Growth Despite Pandemic
https://www.digitalmusicnews.com/202...2020-earnings/
List of Universal Music Group artists
https://en.wikipedia.org/wiki/List_o..._Group_artists
Tencent consortium now officially owns 20% of Universal Music Group
https://themusicnetwork.com/tencent-...-music-shares/
Double-Digit Streaming, Publishing Gains Drive Universal Music Group 2020 Earnings Growth Despite Pandemic
https://www.digitalmusicnews.com/202...2020-earnings/
List of Universal Music Group artists
https://en.wikipedia.org/wiki/List_o..._Group_artists
Tencent consortium now officially owns 20% of Universal Music Group
https://themusicnetwork.com/tencent-...-music-shares/
06-03-2021, 06:59 PM
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#3580
- Heaney
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Originally Posted By hiyooo⏩
So why would they take a deal giving up a minimum of 10% of the company for a 40B valuation if they are 'valued' at a 25% premium by an IPO under writer?Yeah, we'll see.
Universal Music Group Valued at $53 Billion in New Goldman Sachs Report
https://variety.com/2021/music/news/...hs-1234963605/
Universal Music Group revenue up 9.4% in Q1 2021 as IPO brought forward
https://themusicnetwork.com/universa...group-q1-2021/
Is Universal Music Worth $29 Billion? $49 Billion? Even $100 Billion?
https://www.rollingstone.com/pro/fea...lions-1144150/
Universal Music Group Valued at $53 Billion in New Goldman Sachs Report
https://variety.com/2021/music/news/...hs-1234963605/
Universal Music Group revenue up 9.4% in Q1 2021 as IPO brought forward
https://themusicnetwork.com/universa...group-q1-2021/
Is Universal Music Worth $29 Billion? $49 Billion? Even $100 Billion?
https://www.rollingstone.com/pro/fea...lions-1144150/
06-04-2021, 10:48 AM
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#3581
06-04-2021, 11:03 AM
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#3582
06-04-2021, 12:23 PM
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#3583
06-04-2021, 03:41 PM
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#3584
06-04-2021, 03:46 PM
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#3585
06-05-2021, 06:40 PM
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#3586
- Heaney
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- Heaney
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Am I misremembering or did SRNG not file with the SEC to use remaining funds of their spac to acquire a 2nd company if their first spac didn't need the full trust and the SEC said not a fukin chance....?
Is this not what ackman just did??
Is this not what ackman just did??
06-05-2021, 06:48 PM
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#3587
- Heaney
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Originally Posted By hiyooo⏩
Sounds like a good chunk of the purchase is Viventi corporate debt and that's why they're offloading at a discount.Maybe some under the table benefit, who knows? These valuations aren't definite anyways until it's finalized. Now we got more information, it's not a wow-amazing deal but it is decent imo. And technically he merged PSTH with PSTH2 rofl
1. UMG $14.75
2. PSTH $5.25
3. SPARC NAV
No ragrets srs. I would buy the dip but I already have a decent amount of shares and saving my cash for other opportunities.
Downside is the opportunity cost in the current bull market. I put 25% into this to diversify my portfolio further, will be part of my blue chip boomer/retirement/dividend portfolio to withstand a bear market.
This is definitely not a high growth/momentum play, so not expecting 50-100% pop like the old SPAC days or AMC/GME/BB, etc. I am expecting maybe 10-20% YoY boomer style.
1. UMG $14.75
2. PSTH $5.25
3. SPARC NAV
No ragrets srs. I would buy the dip but I already have a decent amount of shares and saving my cash for other opportunities.
Downside is the opportunity cost in the current bull market. I put 25% into this to diversify my portfolio further, will be part of my blue chip boomer/retirement/dividend portfolio to withstand a bear market.
This is definitely not a high growth/momentum play, so not expecting 50-100% pop like the old SPAC days or AMC/GME/BB, etc. I am expecting maybe 10-20% YoY boomer style.
06-06-2021, 11:15 AM
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#3588
- Heaney
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Chammy and Ackman teaming up? Lol
https://www.forbes.com/sites/korihal...h=2861cfa0bb4a
Also, are there any foreign tax implications on UMG shares since it'll be trading on a European stock exchange and not the NYSE?
https://www.forbes.com/sites/korihal...h=2861cfa0bb4a
Also, are there any foreign tax implications on UMG shares since it'll be trading on a European stock exchange and not the NYSE?
06-08-2021, 02:34 PM
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#3589
06-08-2021, 03:25 PM
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#3590
06-08-2021, 03:33 PM
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#3591
- RobParks2M
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Originally Posted By noscrubz⏩
hnnnnnnnnnnnnnnngipof on the move??
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-08-2021, 03:33 PM
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#3592
06-08-2021, 03:34 PM
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#3593
06-08-2021, 03:35 PM
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#3594
- RobParks2M
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Also CSP Sofi 20P for 6/18 at $1.05 today. Already got half the premium lmfao.
Tried to buy another 600 CRHCW for $1.05 but then it mooned instead
Tried to buy another 600 CRHCW for $1.05 but then it mooned instead

Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-08-2021, 04:05 PM
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#3595
06-08-2021, 04:42 PM
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#3596
- RoyalRyy
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Originally Posted By Heaney⏩
Fuk man...that's why I never go all in. Sitting on the sidelines not being able to capitalize on other opportunities blows. Hopefully it slingshots back up so you end up 7 figs in the green lol.Jesus fuking tell me about it. I've been red 6 figs for months now.
HTC
06-08-2021, 06:25 PM
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#3597
- Heaney
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Originally Posted By RoyalRyy⏩
The irony is that I was almost 6figs green at one point on IPOF+ and diamond handed into oblivion lmao. Was +73Kusd at one point on my warrants. Ah well its just money.Fuk man...that's why I never go all in. Sitting on the sidelines not being able to capitalize on other opportunities blows. Hopefully it slingshots back up so you end up 7 figs in the green lol.
06-08-2021, 07:34 PM
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#3598
06-08-2021, 08:16 PM
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#3599
- Heaney
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Originally Posted By TugOfPeace⏩
Atleast they would still have until 2022 for another targetimagine if IPOF fell through
r.i.p. Heaney, bet your anus clenched at the thought of that lmao
r.i.p. Heaney, bet your anus clenched at the thought of that lmao
06-09-2021, 09:10 AM
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#3600
- Heaney
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Originally Posted By TugOfPeace⏩
He puts in 9figs of his own each spac so he'd actually technically make money because of interest accrual on that money in the trust.Yea. If that happened Chamath wouldnt lose the money he put in right? He would only lose if he couldnt find a target by 2022
Edit: Have a feeling he wouldnt lose money in any scenario, right?
Edit: Have a feeling he wouldnt lose money in any scenario, right?
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