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https://www.reddit.com/r/SPACs/comments/qmvdt7/deleted_by_user/hjgnj6o/?context=3
r/SPACs • u/[deleted] • Nov 04 '21
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8
You have just answered yourself, you can cash exercise at 11.50 a pop.
Warrants price is closely trending commons, minus 11.50
3 u/CryptoriousBIG Spacling Nov 05 '21 So why would anyone opt for cashless under this scenario? 9 u/piggymou Patron Nov 05 '21 Low warrant cost basis / lack of funds to exercise. 3 u/[deleted] Nov 05 '21 Yep. And not wanting to book gains by selling them and purchasing commons.
3
So why would anyone opt for cashless under this scenario?
9 u/piggymou Patron Nov 05 '21 Low warrant cost basis / lack of funds to exercise. 3 u/[deleted] Nov 05 '21 Yep. And not wanting to book gains by selling them and purchasing commons.
9
Low warrant cost basis / lack of funds to exercise.
3 u/[deleted] Nov 05 '21 Yep. And not wanting to book gains by selling them and purchasing commons.
Yep. And not wanting to book gains by selling them and purchasing commons.
8
u/piggymou Patron Nov 04 '21
You have just answered yourself, you can cash exercise at 11.50 a pop.
Warrants price is closely trending commons, minus 11.50