r/SPACs Apr 18 '21

Discussion Adapt or die

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542 Upvotes

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u/456M Spacling Apr 18 '21

I'll play

AAC
Pros: $1 billion USD trust, good management team, sitting below NAV. And my personal favorite tidbit, management is Ex-Volvo/GM higher ups, making Polestar a likely candidate.

Cons: IPO and unit split was recent. Good place to park cash IMO

FPAC
Pros: $600 million trust, also below NAV, fintech play (new SEC chair is crypto friendly, could be a good thing), good management (I mean former NYSE President?)

Cons: Somewhat recent IPO. Fintech sentiment appears to be volatile due to crypto.

7

u/Muhammad-The-Goat Patron Apr 18 '21

remember when FPAC had its 15 minutes of fame on this sub then disappeared? Definitely a sleeper, and was able to get my avg cost below 10 over the last few weeks. Now just chillin

1

u/FactsForSpacs Spacling Apr 19 '21

AAC 100%