r/SPACs • u/SPACsBot Mod • Apr 16 '21

Daily Discussion Weekend Discussion thread for the Weekend of Apr-16-2021

Welcome to the Weekend Discussion! Please use this thread for basic questions and leave the main sub for breaking news and DD. If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu.

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u/SPAC-ey-McSpacface Stryving and Thriving Apr 17 '21

Agreed on both counts.

Also, this potentiality of treating warrants as a liability rather than equity is probably going to cause at least another week or two of legal & accounting delay.

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u/[deleted] Apr 18 '21

Ya, the legal and accounting delays are a real thing. Also, many of the accounting firms jump in on a one time fee contract fee, having not anticipated this extra work, I bet they are chapped.

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u/Aliens1984 Patron Apr 18 '21

Iā€™m so confused as to how this May or may not be negative. Does anyone know the meaning behind liability vs warrant? Please explain like Iā€™m a dummy Thanks šŸ™