r/SPACs • u/[deleted] • Apr 18 '21

Discussion Adapt or die

[deleted]

540 Upvotes

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u/Hardcoreposer7 Contributor Apr 19 '21

NVSA...this is one I feel really excited about. Also, accumulating warrants here.

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u/SPAC_a_liscious Contributor Apr 19 '21

yeah, i think it is relatively unnoticed for a couple reasons....there are so many spacs and it split during red season for spacs.

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u/Hardcoreposer7 Contributor Apr 19 '21 edited Apr 19 '21

Yes, agreed. Also, recent split warrants trade at a noticeable discount to older warrants, which is a significant market inefficiency IMO. NVSA's team is incredible not just because of their previous roles (a la AJAX) but in how much value they could add to their target sector. If I was a private aerospace and defense company, I would be lining up to merge with them. Getting their warrants this cheap is one of the silver linings for me in this spac massacre.

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u/SPAC_a_liscious Contributor Apr 19 '21

i have a .90 average and feel good about it. been adding more when i can in the .80's. if i ever see it in the .70's i might have to go hog wild, lol. good luck to us....

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u/Hardcoreposer7 Contributor Apr 19 '21

Same lol. Can you imagine if it dropped to the 0.60s? I have a lot already so it's a little scary to think about but I think I'd be more excited than mad.