The Uncertainty Around Spacs

The idea that you can be overly tactical with these other than institutional level is just not the case Yeah So Lewis if you know, let's say you own a treasury the treasury pays you 2 percent. The investor makes 2 percent And they get that from the government when you buy a spac and your redeemer you make 4 percent Who are you getting that 4 percent from? Usually it's the sponsor so the sponsor now when they fund their spac They have to put up an extra 20 cents in the spac which means more money for investors. It's always those deals done at the cyclolos that pay the biggest so well Lewis. Thanks so much for joining us Jack. Hope we can do this

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