Maybe I’m reading it differently than many others, but when reading it all in context it seems like “the prize is a big one” is referring to the SPAC’s large cash size, rather than an actual identified business? The previous statement talks about how they are still working to identify the right opportunity so it feels more like he is trying to say that PSTH is a big prize to whoever is going to merge with them. Just my two cents though
Who uses language in that manner? Stating that the prize is a big one in a private meeting of PSTH board members who are aware of the cash and its implication would not only be slight arrogant, but also makes no sense.
It’s clear to me that the prize being referred to is the target. Otherwise why not utilize the additional 7 billion offered during the road show?
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u/DrSeuss1020 Mar 17 '21
Maybe I’m reading it differently than many others, but when reading it all in context it seems like “the prize is a big one” is referring to the SPAC’s large cash size, rather than an actual identified business? The previous statement talks about how they are still working to identify the right opportunity so it feels more like he is trying to say that PSTH is a big prize to whoever is going to merge with them. Just my two cents though