How to Invest in a SPAC

Warrants are five-year duration. Slower the strike price is typically $11.50 not always but typically right yeah And that's why you said it makes sense for it to be worth two dollars with the time value of Intrinsic value of a dollar and 50 cents, so there's no price discovery in the SPAC itself. If I see a warrant trading at You know 225 it tells me oh you found my slide. There you go So if I see a Warrant trading at you know 225 it tell me that all right this SPAC maybe hangs out around 10 But in a lot of cases you'll see the warrants trading at 50 cents 40 cents a dollar In those

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