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SPACsBot

Here is a list of Important Corporate Actions #Extensions/Redemptions >>[SCPE Extension Vote April 14th](https://www.sec.gov/Archives/edgar/data/1764301/000114036121009463/nc10021754x1_def14a.htm) >>[THCA Extension Vote April 14th](https://www.sec.gov/Archives/edgar/data/1773087/000121390021016562/ea137641-def14a_tuscanhold2.htm) >>[LATN Extension Vote April 16th](https://www.sec.gov/Archives/edgar/data/0001766146/000121390021015313/ea137629-def14a_unionacqui2.htm) >>[THCB Extension Vote April 28th](https://www.reddit.com/r/SPACs/comments/mcuwwc/thcb_filled_def14a_extension_to_july_31st/)#Merger Votes >>[GIK x Lightning eMotors April 21st](https://www.reddit.com/r/SPACs/comments/makqo1/giklightning_emotors_merger_vote_date_set_for/) >>[STPK x Stem April 27th](https://www.reddit.com/r/SPACs/comments/mj7anh/stpk_stem_merger_vote_april_27th/)


Gigglebooster

Why does THCB suck so much now?


redpillbluepill4

Electric vehicles to save the world: price crashing. Playboy magazine with naked girls: to the moon!


janoycresovani

playboy was an infinitely better spac deal taking into account valuation and financial figures than any shitty EV SPAC.


rx_investor

This is a painful time to be in SPACs


ramey1a

Felt pretty good when the market was imploding though.. if you are in SPACs which you are confident in and isn’t super speculative (or no revenue) you should be fine.


rx_investor

In THCB and STIC


nox_nrb

STIC will come back! It's being undervalued, people will take notice.


uwthegreatone

GNRS warrants under 60 cents...seems like a no brainer. I think these are the cheapest 1:1 warrants with a DA.


Particular_Car710

There have been a few really interesting companies with dirt cheap warrants these last couple of months. VMAC dipped as low as .47 and has a favorable valuation. MLAC keeps laying in the .70s and has strong growth, margins, and a good valuation. It’s a buyer’s market barring a nasty correction. Don’t think I’m holding a single warrant over $1.50


Puzzleheaded-Ad8266

Not quite the cheapest. But it should tell you something about sentiment if they are amongst the cheapest warrants of post DA SPACs (it's not a good thing).


hitzelsperger

Did they release Q1 results yet?


[deleted]

How many times I gotta listen to y’all call the bottom and my shit still doesn’t go up ? Been holding APXT for months now. They make good money and it just does not matter, dumb shit like dogecoin flies . I’m going to sell and go all in on crypto puts


[deleted]

But really tho boys y’all can’t tell me it’s dumb how FSRV runs up every night. I think it’s some idiot who doesn’t know not to use market orders on these illiquid ass SPACs. Or maybe one of you spending $100 a night to troll me. I’m going to start seeing if I can just sell shares to profit after hours . It’s so predictable


[deleted]

It’s 1800 shares traded just before close. Like who is dropping $23,000 at 7pm on market orders and eating this ducking massive spread every night ?


LastPotato1214

Bro, go get a beer and relax.


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vladanHS

If you expect something in June, you always buy July or even August options. You need to give time to your options. You just learned it the hard way.


Puzzleheaded-Ad8266

They mentioned a few days ago that it is on track to be completed in 1H 21 or shortly after. June calls might struggld


slammerbar

Come on ASTS you are going the wrong way! And what is going on with NVVE Warrants? Good news and they go down?


mazrim00

Number of comments seem to have dropped like a rock again lately. Still seemed to be hovering around 1k recently. Now 6-700.


Apprehensive_Road821

Really not much to talk about. Just waiting for the small-cap growth sector to rise up and lift us all.


HandsLikePaper

I think a lot of us are just patiently waiting, or focusing on our day jobs because we realized we aren't retiring end of year.


mazrim00

Lol, good point.


MadmartiganXXII

The bottom is nigh


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Fuck_CCIV

What happened to that dude u/reactbooter ? He always seemed ready to jump off the nearest bridge during the spacpolypse, hope he didn’t


mprey_

He said he was gonna sell everything to put it into ARKK a few weeks ago and yeah...you know what happened next


Itchy_Thought_6577

Ooofff


[deleted]

>You know what to do folks! ⬇️


DeMayon

lol


[deleted]

Typical FSRV after hours run up


Fuck_CCIV

You know what to do folks! ⬇️


DeMayon

lol


InvestTradeEarn

With so many Spacs started last year and the beginning of this year, this next half of 21 and the beginning of 22 is going to be very interesting in the Spac world


freehouse_throwaway

man remember the old SPAC lifecycle? good times. LOI pop. then fade. then DA pop. then fade. then merger run-up. then anyone's game. now its just NAV non stop rofl. there's prob still some warrants to play but that risk level is inherently different as well.


PantsMicGee

I think you're reminiscing pumping and dumping.


Astamir

It's not nav nonstop though; good post-mergers are running. STEM, LEV. To be honest there was something messed up about dumping the DA pop onto people who would see their holding fade for a few months until merger run-up. Ultimately the SPAC game still offers us the capacity to invest in cheap pre-merge companies that will then run up after the merge is done.


freehouse_throwaway

i mean both those examples you gave had a really huge run up as well.


Astamir

True, but they were from 2020. I think the good ones that come up now, if there are any, might have a more depressed DA pop but ultimately follow a similar trend upwards after merge.


mazrim00

Hindsight is 20/20, but if I would have sold all my THCB (taken the giant losses) and put into IPOE would be looking a lot better. Course IPOE could have fallen more/could still fall again but if I’d done that I would have sold today to lock some gains back.


Apprehensive_Road821

Of course, what you say is true, but looking back you could say "what if?" to many different scenarios. Wish I had sold my 30k THCB warrants at $7 instead of holding them...


mazrim00

Yep, I’m just excited I finally made a good choice recently on buying in on IPOE (for now) and dreaming about a realistic decision I could have made. Yours is the same (a realistic choice I could have made before but didn’t).


MOTM_NW

THCB can we please get this show on the road?


thetrny

PRPB [added a new director](https://www.sec.gov/Archives/edgar/data/1812667/000110465921070000/tm2117034d1_8k.htm) today (current CFO of IHS Markit)


InternationalElk6617

Eek…this late in Edit: I need to read, clearly says for accounting purposes.


NickNameIsNick

fintech guy, wonder if that narrows target at all. Chu been running a tight ship so far, haven't really seen any rumors


thetrny

> fintech guy More of a corporate management type, if you look at his LinkedIn


Apprehensive_Road821

I was just in yahoo board for BRPA. Nobody seems to have a concrete explanation for today's SP movement. Has anything fundamental changed from yesterday to today? I could not find anything. The only reasonable guesses are: 1. Someone wanted to buy a large number of floating shares, say a few hundred thousand shares. That doesn't sound like a lot, but remember total float for BRPA is only 758,000 shares. So if someone took half the float off the market, then of course the SP is going to double or more. 2. Someone has some positive insider info about the upcoming FDA EUA announcement for the NeuroRx Covid drug and they're buying now.


SPAC-ey-McSpacface

1 is the likely answer. Day trading crime syndicate playing with microfloat. 2 is not possible. Data is double-blinded


Apprehensive_Road821

Then brpa is going to whip around like baby GME tomorrow


lilwaynesdoublecup

I know there was a new S4 filed today. I’m a noob so take all of what I say with a grain of salt. But from what I can gather there were fears about the merger falling through, but the new S4 filing has renewed confidence


Apprehensive_Road821

If there was some fear before, that was totally unfounded. Retail investors hold such a small percentage of BRPA (insiders hold more than 70%), the merger was/is a done deal. So I don't consider the new S4 anything factually significant.


lilwaynesdoublecup

Like I said, grain of salt lol


Golden_Arple65

Bit puzzled by Ark spac buys.. started loading up on GLEO shares only to turn around and start selling a few weeks later.. when it didn’t move at all?


DivineRobot

They've always been doing random buying and selling. Honestly, I feel like they are just doing algo trading on meme stocks and SPACs.


bull4lyfe

they only buy and sell stuff to make it seem like they are doing work so they can charge large fees.


PutsOnYourWife

The only thing which is more wrecked than my portfolio is my sleep routine


AssistRegMngr

What’s this crypto crash people are talking about? We’re still 10x last March lows! You want a crash? check spacs!


PutsOnYourWife

90% of them are new to crypto. It’s casual that crypto can correct harder. They should return to their ETFs


SenorDiablo

Damn my $9 RIDE puts might actually be itm tomorrow.


InternationalElk6617

Should have held on to my 11s but I got too excited when I saw the return percent this morning...it had been a while


Fuck_CCIV

Same, I cashed mine for a cool 70 percent 6 grand gain


qwerty5151

Are SPACs seeing any kind of run up right before merger anymore? I'm tempted to buy back into THCB since the redemption value is $10.22. I'd then hold until the rumored June merger. I'm guessing the usual pattern isn't as likely anymore though since the collapse of the past two months.


no10envelope

Wait a couple months and pick up MVST for $8


MrFoxLovesBoobafina

It's been really unpredictable. Some have dumped after the redemption deadline expires ($GIK, $EXPC) and others have had modest runups ($NGA, $VSPR).


MaxJones123

So good companies go up, speculative or no future go down. Got it


MrFoxLovesBoobafina

Wouldn't it be nice if it was that simple. How do you think $STIC will do next week?


MaxJones123

Tough to know honestly... I'm deciding what to do with the 2k shares i got last week. Their growth and margins are insanely good but planning to be ebita negative for a few years so it might not get the recognition we want


JustinBW

Has anyone noticed a difference in how these mergers are treated? So far I’ve held 2 SPACs through merger and my brokerage treated them different. With Fisker (SPAQ to FSR) it was simply a change in ticker. My cost stayed the same. With Lion Electric (NGA to LEV) my brokerage shows a disposal at the day the ticker changed and an acquisition of LEV at the price it was trading at that day. My cost is now higher than before, and my brokerage shows a gain on disposal of NGA. Anyone else notice similar? NGA to LEV treatment seems wrong as that would create a taxable event.


bigdog5151

I’d reach out to the brokerage. Seems like they effed up.


hitzelsperger

UWMC - merger went through and nothing changed. PSFE - it sold what i had on day of merger and gave a P&L for it and now has changed my cost basis based on merger date.


thetrny

SRAC inexplicably recovering to $12... a strange mover for sure


epyonxero

Yeah I really dont get it.


LossStunning239

SPCE


thetrny

Pretty unrelated companies. Out of the current batch of space SPACs, SRAC has been the highest flying, and the only one still meaningfully above NAV.


LossStunning239

Companies within the same industry tend to trade on the same sentiment.


thetrny

No other space SPAC moved more than 0.4% today


Golden_Arple65

Happy to see it.. thought it was dead in the water a week ago.


kitchenwindow1234

It is painfully obvious that once SPACs start being mentioned in this sub in a regular basis, they are shorted to NAV. GIK, GHVI, THCB ... you name it. If its popular here, it is as good as dead. This has become especially clear that people are realizing this as comments have dropped off drastically here. Oh how we long for what was...


[deleted]

The stocks I hold are below NAV so it’s cool lol


WeasinTheJuice

Cool maybe you should leave then


Tuoooor

What? GHIV is at $13, $11 yesterday.


Mojojojo3030

Shhhhh


kitchenwindow1234

And nobody has mentioned it here in literally weekz


Tuoooor

Ok, there are literally dozens of SPACs that aren't mentioned here. Just off the top of my head the ones pinned to NAV are ACND FAII TSIA RMGB SPRQ SPFR ALUS FUSE...at some point it isn't short interest, it's the fact that there is literally no incentive to buy commons (everyone here buys warrants and options) and people are afraid of price falling under NAV...


sincitygames

Only mention spacs you don't own. It's every man for himself!


Golden_Arple65

STEM, STEM, STEM, STEM x100. Short it back to nav so I can buy in for cheap.


SPACs4Green

..or ones you'd like to buy.


Nexic

And don't argue with anyone who's bearish on your spacs


AssistRegMngr

Yup yup correlation is exactly the causation


LastPotato1214

Ftiv being higher than the other FT spacs is why I agree. All are pretty solid, Ftoc pinned to nav, ftcv under 11. Edit... kinda nice loading up at nav for the solid ones.


RedditBrainMoocher

I think mergers are a catalyst for good companies now. If I'm right FSRV should do well when it merges in a few weeks. Especially with a meme name like Katapult


bigtimetimmyjim22

Bought a bunch of EQDWS as .95


Top-Currency

I've been holding these for a while. My only worry is that Sam Zell lost interest in the SPAC game. Still hopeful he will come with a decent target though.


bigtimetimmyjim22

I’m probably not waiting around most likely, will have sell orders at .998 to catch 5% until they hit.


hitzelsperger

3.5% up for the day was up 5 at a point then STEM stopped for a drinks break. STEM - Please fuck shit up tomorrow. Good luck all.


AnesProv11

Back up to 21 AH on some "big" volume. Typical 20k AH, but over 200k shares have moved since close. I'm feeling good about tomorrow.


jorlev

GENI: Genius Sports Reports Strong First Quarter 2021 Results, Raises Full-Year 2021 Revenue Guidance By 35%


nox_nrb

Dropped HZON, I'll get back in a little before merger. No reason to hold pre-DA SPACS


mazrim00

People forgetting how bad SPACS have bled after a few days of green? There is a reason. Protection. Not saying it's a bad move at all, just that if market sours again (very likely) not a bad place to be.


nox_nrb

I'm no good at timing the market, so I'll probably pay more to get back in. I was pulling money from my position to buy Bitcoin during the dip, closed my position out today. I without a doubt will be back


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AluminiumCaffeine

Its odd to me that the month by month delivery/production matters so much to people, even if they were fully operational it wont justify the valuation for a long-long time, so why does it matter so much now? You are paying for the dream/years down the road on lucid not this years numbers... Maybe people just feel it is the main distinction between all the others and the big dogs proving they are not vaporware.


slammerbar

Because those are really the only numbers we have to measure by.


bonghits96

> so why does it matter so much now? My take is that particularly in BEVs it's becoming clear that the old school OEMs are no longer dicking around (see, for example, Ford's F-150 Lightning). If the EV SPAC companies want to actually make a mark *they have to start producing, and soon*. The longer they wait the harder it will be to find traction.


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Generation_ABXY

Yep. Early mover advantage can radically change the outcome. I think Tesla was such a frontrunner and has built up such strong brand recognition that it will probably be okay. Companies that are late to the game, especially once those legacy makers really put their best foot forward... well, I'd think twice before investing.


AluminiumCaffeine

Ah, that is a good point for timing vs legacy, in fact I think that makes me even more bearish on all these EV startups, the game is up when the big dogs come in and start dominating the market, I think a lot of the alure of the tsla/cciv hype was the lack of real competition so far but once all the other brands start in the market is going to be flooded with ev choices. Solid food for thought...


sincitygames

HAHA [GFX.WS](https://GFX.WS) market buying warrants at close guy...At least my account is major green for close. Thanks again!


JimmyGarapEmHoes

Cciv, ipoe and charge point are giving me the best month I’ve had in months!!! DCA’ing felt like a black hole but now I’m positive on 1/ 3. Need to think of my exit strategy now. Will be rotating my spacs into FAAG lol


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JimmyGarapEmHoes

Thanks for sharing! I really like this strategy


pjcruiser14

Ugh, I chose to average down on THCB and APXT instead. Turrible decision!


mlord99

for now 🙈


AluminiumCaffeine

APXT is going to moon, at least that what I keep telling myself. The risk/reward is unbeatable though no matter what. CCIV, IPOE, and CHPT are all very risky in this environment.


AluminiumCaffeine

Today was a nice break from red, but I want to see a red day where spacs dont give up gains and fall back to nav the most. APXT has gotten up to 10.30-10.50 a few times but at the first sign of red crashes back to nav immediately. Or we just get some nice QQQ green days to recover without red, I will take either.


[deleted]

They did that Tuesday/Wednesday wdym


mazrim00

Last few red days, my SPACS have done better then overall market, but I'm not getting excited at all right now. People thought a few weeks ago we were on the comeback when there was one greenish week and they dropped like a rock again.


atomicskier76

LEGOU seems to be creeping upward (slowly)... something expected to happen that I've missed?


Puzzleheaded-Ad8266

Look at the management team's previous SPACs. Should put you off if you have a position


Fuck_CCIV

Loaded GHVI and STEM 6/18 puts and am excited for tomorrow !


blahwoop

STEM just released earnings a couple of days ago. if it was goin to tank it would've tanked. unless you think the overall market will tank but even then i wouldn't choose STEM to buy puts.


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Fuck_CCIV

These both have been running way too hot, I’m simply looking for a pullback in the coming days, esp with Powell talking tomorrow


Apprehensive_Road821

These days, if a DA'd spac target is good, the quicker it leaves spac land the better. Only then company fundamentals can value the stock it deserves instead of dealing with all the spac regulatory madness and the quick pump and dump manipulations.


AluminiumCaffeine

APXT feels this way to me, it is being drug down by spac aura whereas if it had ipo route it would be judged on fundamentals instead.


nasty_nater

Do you believe when the merger happens APXT/Avepoint will jump up? It bothers me seeing something with such good fundamentals go back so low. And it bothers me seeing so much red in my portfolio.


AluminiumCaffeine

I am not 100% sure, I dont know if I am planning on holding through merger, but I think we could see some retail action on a merger date announcement and some price action after the market gets to know the underlying fundamentals without the spac vehicle clouding over it. The attitude in stocktwits board is exhaustion with the lack of forward progress, so who knows...


VaIentineX

isnt rsva pipe at 14? real steal at this price


TKO1515

I agree. Added some to my long term holds


SPACdatAsk

whats going on with ptk warants?


Apprehensive_Road821

Spacs by and large really lagging the stock market still. Many de spac'd stocks are on fire today. But I think money will gradually flow back to spacs


[deleted]

Cool I hope so bc I'm all in on 2 of them below NAV and 2 others slighly above.


mathemology

Added FWAA today.


mazrim00

Can't seem to copy and paste right now but it looks like not good news for THCB. "Daimler Truck intensifies partnership with China's CATL" (not passenger vehicles so would seem pertinent).


AssistRegMngr

Pct is up 60% in few days! Hims also doing great


[deleted]

Took $PRPB & $CRHC these both are pre DA and got straight clapped by the market and now victim of arb selling etc.. Both teams super successful and powerful people so kinda a no brainer at these levels considering the risk / reward below NAV. Anyone with thoughts on these two? Bag? Welcome all opinions. Thanks and GL!


mathemology

I’m mentally prepared for CRHC to be some IBM Watson healthcare spinoff.


HewittOfRivia

That’s be a disaster. Watson is full of bs, no practical product.


Firefaia

I sold PRPB but those are both very solid. It’s just a waiting game.


robparks2m

Holding probably close to 25% of my portfolio in CRHC. My average commons price is 10.30 and warrant avg is 1.15 I think they’ll hopefully get something good but they don’t seem interested in moving with any haste.


Puzzleheaded-Ad8266

Any pre-DA is a potential bag. Both of these are mentioned a lot on this sub, but that doesn't mean anything. Only thing I see about PRPB is that their management team is full of ex-politicians and that must mean it's a 'no-brainer'. I think that's poor logic. A good deal for them doesn't require it being a good deal for you (i.e. popping so you can sell on DA). They earn millions regardless of the deal. Also, see SCVX as an example of a SPAC with an ex-politician on the team. Didn't work out there.


lucifer_alucard

Chinh Chu has also delivered UTZ and ETWO. UTZ was a huge hit and ETWO ain't doing bad. So, they've also got a great track record going for them.


whmcpanel

Chamath does quite well too


lucifer_alucard

Chamath definitely has a better track record. I was just pointing out that Chinh Chu ain't like Gores. He makes deals at good valuations.


bigtimetimmyjim22

Like both, In both, I like warrants over the commons


thetrny

Two of my favorite pre-DA's. Only issue with CRHC is I don't think Cohn/Robbins have previous SPAC experience. That said, their deal flow is probably quite robust.


[deleted]

I really like CRHC and especially the warrants at this price, by far my largest position atm.


MGWYRcapital

Bagholding 500 $CRHC commons at a 10.95 cost basis, I'll probably take the loss and transition into warrants if they go below $1.


QC_Steve

Been holding for months. ill be following suit in switching over to warrants


QC_Steve

Guess we'll see if my limit order on FSRV gets filled


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thetrny

Could always be arb funds since it's below NAV. I'm seeing 2 block trades of 500k and 250k shares respectively.


InternationalElk6617

Yea thats my guess. Although other pre-DAs have seen less and less arb buying last couple of weeks, I would be shocked if this meant something.


Abs0lut_Unit

Good catch, gonna buy some warrants for fun.


Golden_Arple65

$10 calls expiring June 18th selling for $5 premiums right now.. yolod $50 on 10 contracts.. we’ll see if anything happens.


whmcpanel

they look like dumps?


blue1222i

Bought 20 shares for fun, we'll see.


Mike82BE

Something must be up for sure


RockEmSockEmRabi

Most likely


Hle078

Someone is unloading a lot of BWAC warrants under 0.80.


cw8950

Picked some up too, hoping it's the right move lol


stck123

I'm sitting on them here with 1.4 average....


AluminiumCaffeine

Got some at 0.79, it did go to 0.75 fairly recently so maybe no a great deal but it also gets up to 0.85 or so often too.


dicklightning94

Just grabbed some for .77 Been flipping BWACw for the past week or two and it’s been going well, I expect I’ll get stuck holding the bag any day now


Hle078

Likewise, it’s been trading mid .80s so I have some limit orders in the .70s and flipping them for small profits. Been working well so far.


dicklightning94

Yea I’ve just been putting in low buy orders and high sell orders and have been getting lucky lately


Fuck_CCIV

Not a single mention of GHVI and it’s ripping up 18 percent today


Fuck_CCIV

Thanks for the downvotes everyone, totally reasonable reaction to my comment


SenorDiablo

Seeing as a Spacs price has an inverse relationship with number of mentions on this sub, I’m sure the GHVI holders among us would like to keep it that way 😜


PrudentAd3789

Some day my spacs will do the same...


k1ngkev1n1

my leap option is happy :)


vladanHS

So is my May21st CSP, feels like a goal in the last minute of the match.


Dativemo

Hi, not trying to pump THCB. But why is nobody talking about THCB anymore last days? Just waiting for merger? Or did some of you step out?


Pikaea

Nothing to talk about other than waiting for Vogel to awaken from 29day nap he has once a month.


AluminiumCaffeine

I have been swing trading it, loading a little under 10.45ish and then selling over 10.60ish, dont know about long term tbh


WeasinTheJuice

it still gets mentioned here and there, but with no merger news or other catalysts, there's not too much to talk about.


One_Situation_2725

Bullish


davidithejew180

Should be a good sign actually..


CaterpillarPatient

Any updates on sspk?


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MadmartiganXXII

>AB domination If you want AB domination I recommend FRX/BeachBody. I hear P90X works wonders.


clownhater88

IPOE and CCIV saving my portfolio this week, hoping it continues tomorrow.


mazrim00

Same. So close to selling IPOE just to lock in some profit (not really since still down on most other positions) after the last couple months.


Fuck_CCIV

APXT warrant volume is up because I bought another 10,000 of them people


AluminiumCaffeine

Thanks, can you do that some and market order them so people rush to commons thinking someone knows something?


InternationalElk6617

CONX raking in 22k in volume today… :|


mjrice

Special thanks to people buying my PSTH calls at 40% above NAV to help lower my cost basis.


whmcpanel

your collecting pennies at this stage?


bigdog5151

Let’s go SRNG +0.10%, next stop moon


mjrice

This guy SPACs


NickNameIsNick

APXTW almost double the 65 day average, pretty exciting


AluminiumCaffeine

Shares had some action today as well, lets hope we can uptrend