MI156: Masterclass on SPACs w/ David Sherman
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Do You Know How to Redeem a Warrant?
When you sell the warrant, if you choose to do that, your stock price is going to go down by pretty much what you sold the warrant for. But when you liquidate o redeem, you're getting it at par. So i've got a 15 month or a year and a quarter maturity, two and a half % grosyl plus a warrant that's worth one to one and a half%. For 15 months I'm making more than three % in ti bills. That's a lot better than a c d. Lot better than a tea bill fund. If you're n ultra short duration fund, you got wiped out when you went to put money into them. And really expect
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