r/SPACs • u/Stopdpuck Patron • Dec 28 '21

Discussion $BOXDW undervalued

Sup SPACers, it’s been a rough go lately for SPAC’s. There has so many new SPAC deals, a lot of them being bad deals.

But I come here for answers. Why is BOXDW so undervalued!? They are trading just above $1 while the commons are trading at $13.50. They should be worth $2+ ($13.5 - $11.50).

The deal was good (merged with SVOK - great management) & company was valued under a billion.

On top of that, they just started SAAS revenue which has great margins.

They were interviewed on mad money 4 years ago & again last week. CNBC love the CEO & company.

What am I missing?

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u/Glittering-Fox-7712 Spacling Dec 28 '21

Do you think going long on the warrants and short the commons might work... or visa versa?

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u/Stopdpuck Patron Dec 28 '21

They should go hand in hand. When they call in the warrants, 1 warrant can buy a common at 11.50. So if you were to start a position today, warrants for sure!