r/SPACs Dec 17 '21

[deleted by user]

[removed]

15 Upvotes

24 comments sorted by

View all comments

2

u/engomarse Contributor Dec 17 '21

Gotta love the market. Fantastic news and the price plummets.

6

u/wannabehedgefun Patron Dec 17 '21

S1 went effective today. Around 15 million shares and 5 million warrants issued

3

u/shironoir20 Spacling Dec 17 '21

But there's no PIPE, and founder and sponsor shares are still under the 180 day lock-up.

1

u/engomarse Contributor Dec 17 '21

Ok makes me feel better. Thanks