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Primer on SPACs with Kevin Hartz and Troy Steckenrider of A* and AONE
ACQ2 by Acquired
Spack Sponsors - Is There a Difference?
The company is trying to raise 200 million dollars in a trust. It now begins a basically traditional search process that looks very similar to a search fund or private equity firm. The thing that's different is, of course, what you mention, the warrant coverage. This back is already pub right? So you guys are only asking for one warrant for every four shares instead of every three or two. You could think of this maybe margin compression.
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