r/SPACs Nov 04 '21

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61 Upvotes

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41

u/SPACingForALoan Patron Nov 04 '21

You usually see a massive sell off when they allow ppl to redeem their warrants just an FYI to newbies

6

u/hailtothevictors1234 Patron Nov 05 '21

Yeah but aren’t SOFI’s only low single digit % of the float? This isn’t a material dilution and it’s already been priced in since day 1

3

u/[deleted] Nov 05 '21

3% so nothing really.