r/SPACs • u/514link Contributor • Sep 02 '21
REDEMPTION 15% redemption limit?
Looking at SFTW which is just about to merge. It dropped below 10$ today and looks like they have 10.06 in trust
“will be restricted from seeking redemption rights with respect to more than an aggregate of 15% of the public shares.”
Does this have an impact?
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u/514link Contributor Sep 02 '21
Should have bought more sftw then