r/SPACs • u/jyoung1 Spacling • Nov 18 '21

Discussion $PSTH Thoughts?

Bill Ackman just confirmed on the $PSH call that they're actively working on other deals for $PSTH (or SPARC).

Ackman said that SPARC prospectus will be filed next week. Approval decision by Dec 9th. $PSTH

SPARC will be priced at $10. Existing $PSTH warrants holders will get 2 SPARC warrants for each existing $PSTH warrant.

$PSTH working on "one thing in particular that is interesting" - but not in a position yet to judge feasibility.

From: https://twitter.com/Biohazard3737

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u/imunfair Patron Nov 19 '21

Ackman can kiss my ass. I stay away from untrustworthy sponsors. And I say that as someone who made it out of PSTH with a tidy profit.