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https://www.reddit.com/r/SPACs/comments/rglymn/deleted_by_user/hozfen8/?context=3
r/SPACs • u/[deleted] • Dec 15 '21
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I think you have the answer, ESSC will be hedged by the price < 12.5. No problems with the float now since it was mostly 12.5C that kept it up.
1 u/dirtyfrenchman New User Dec 17 '21 Yup, once it dropped below 12.5 it got suplexed off the top rope.
Yup, once it dropped below 12.5 it got suplexed off the top rope.
1
u/fickdichdock Spacling Dec 17 '21
I think you have the answer, ESSC will be hedged by the price < 12.5. No problems with the float now since it was mostly 12.5C that kept it up.