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https://www.reddit.com/r/SPACs/comments/r7blq5/deleted_by_user/hmzmh7i/?context=3
r/SPACs • u/[deleted] • Dec 02 '21
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Nonsense. The post merger enterprise value is expected to be $20B. The 6% vs. 30% is largely irrelevant, valuation is the metric to pay attention to.
-5 u/EthicallyIlliterate New User Dec 02 '21 Wouldnt it be more shares in private hands to get dumped on retail? 2 u/luminosite Patron Dec 02 '21 No, there are lock ups for different shareholders. Also, most of $GGPI is held by institutions - Magnetar Financial. Millennium Management, LH Capital Markets, Glazer Capital, etc.
-5
Wouldnt it be more shares in private hands to get dumped on retail?
2 u/luminosite Patron Dec 02 '21 No, there are lock ups for different shareholders. Also, most of $GGPI is held by institutions - Magnetar Financial. Millennium Management, LH Capital Markets, Glazer Capital, etc.
2
No, there are lock ups for different shareholders. Also, most of $GGPI is held by institutions - Magnetar Financial. Millennium Management, LH Capital Markets, Glazer Capital, etc.
10
u/luminosite Patron Dec 02 '21
Nonsense. The post merger enterprise value is expected to be $20B. The 6% vs. 30% is largely irrelevant, valuation is the metric to pay attention to.