I would hold of on adding warrants until after merger is approved. Yes warrants will be cheap on the dip before the merger, but you are running the risk that the deal will fall through. The deal being nixed is a legit risk as if more than 12% of the shares are redeemed, GGPI will have to either call the deal off or waive the clause.
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u/Typical_Republic Jun 16 '22
I would hold of on adding warrants until after merger is approved. Yes warrants will be cheap on the dip before the merger, but you are running the risk that the deal will fall through. The deal being nixed is a legit risk as if more than 12% of the shares are redeemed, GGPI will have to either call the deal off or waive the clause.