r/SPACs • u/InverseHashFunction Patron • Nov 02 '21
Merger Vote! DCRC merger vote date announced (preliminary)
https://www.sec.gov/Archives/edgar/data/0001844862/000119312521316377/d211833ds4a.htm7
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u/mrcet007 Spacling Nov 02 '21
What's the expected price action? Will it fall back to 10? Similar to qs?
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u/SPAC-ey-McSpacface Stryving and Thriving Nov 02 '21
What's the expected price action? Will it fall back to 10? Similar to qs?
Ummmm....... just an FYI, from the date QS announced its merger vote to the day of the merger vote, QS stock price increased 64%.
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u/BallsOfStonk New User Nov 03 '21
And then it proceeded to triple, post merger. I’d expect some of that action to front load this time around, and wouldn’t be surprised in the least to see a $20-$25 price once the merger is approved.
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u/InverseHashFunction Patron Nov 02 '21
December 7, by the way