Pre Merger Arbitrage and Spacks - What's the Difference?

Premerter arbitrage and spacks is a fixed income like strategy. There are actually very few spacks that have zero revenue. The after market can be a great vulture investor market with all the converta bonds, fixing on pipes being done. But i do think it's a mistake not to look at the after market as a potential value opportunity.

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IN THIS EPISODE, YOU’LL LEARN:

01:52 - What SPACs are and how they work.
09:16 - Why some companies would prefer to IPO through a SPAC rather than the traditional IPO process.
19:27 - Why the incentive structure of the SPAC IPO process is sub-optimal.
31:09 - How pre-merger SPACs offer an interest risk/return profile.
49:21 - David’s thoughts on the overall current market environment.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
Check out CrossingBridge Advisors.
CrossingBridge’s SPAC Videos & Pre-Merger SPAC ETF.
SPACinformer.com.
Related episode: MI086: SPACs And Electric Vehicles w/ Peter Cuneo And Avinash Rugoobur.
Related episode: TIP381: High Yield Masterclass w/ David Sherman.
Get a FREE audiobook from Audible.
Check out our Investing Starter Packs about business and finance.

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Read this episode’s transcript and full show notes on our website.

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