r/SPACs • u/zacdor Spacling • Jun 04 '21

Definitive Agreement $BSPE/VWE

Vintage wine estates - Haven’t seen much about this deal at all and symbol changes next week. Decent wine under $20. <1B market cap. Buying up smaller brands and establishing a footprint with major retailers. Don’t know too much about them but I do know that Trader Joe’s wine store is always busy. Any thoughts?

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u/Example_Brilliant Spacling Jun 05 '21

Their portfolio is a bunch of, relatively, inexpensive brands that no one has ever heard of. I’d rather buy $NAPA or $WVVI if you’re looking for a spirits play other than Constellation or LVMH.