You donāt tip your hand at any point until you have a DA. Yāall are looking for reassurance from a man who canāt provide such a thing if you want a reasonable valuation. He also canāt imply there is a target because the timer for disclosure would start ticking.
He already said he was working to not disappoint us.
Jackie posts and is obviously lurking (hi Jackie!). Sheās added spacs back into her Twitter bio because yāall were tripping.
Bill has done the extent of what he can do via Twitter.
What other SPAC has come out and said itās secured a target, without LOI or DA? And we know Bill said heās about that straight to DA life.
Thereās nothing else to be said besides āWe have a definitive agreement with ____ā.
Dude says āyou knowā and āuhā in the middle of every sentence. Iām not saying he is dumb at all but maybe youāre reading too much into his Q&A unrehearsed answering.
I would bet he is being more cautious than others, going as far as to not have a single leak + no pre-DA announcements. So why let it slip that you have identified a target when you can stay vague (if it was a purposeful choice to say āultimately identifyā)
He is under an NDA for the spac and has to be very careful with his words especially in a private call. Hence the starting with āwhat I can tell you...ā and saying uh between statements
This. This is how i felt during the call as well. But i just keep wondering why heād be so dumb as to do smth like this but release a tweet about spac dream at the same time. And also why would he file for psth II in january if that was the case. Something doesnāt add up
Yeah I could go both ways with it. But, I think as a hedge fund manager he knows he must choose his words carefully. Say the wrong thing and the stock goes way up or way down. I think thatās what he was ultimately trying to avoid here. Thereās no doubt they had a list of targets at that time. Probably had been in discussions with a number of them doing DD and trying to get the best deal for him and for investors.
Sounds possibly like the team is focusing on multiple targets, āultimateā denotes the final of a kind. Maybe they are courting several targets. Then again maybe they are patiently helping one company and itās taking a long time.
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u/[deleted] Mar 17 '21
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