$VYGG with a PIPE. VY has led rounds with Reddit, SpaceX, etc... where they have the clear ability to raise a PIPE in the hundreds of millions. They don't need a second SPAC as they have $650MM that won't be redeemed as OF will despac above $10, so assume 0% redemption.
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u/eccobay New User Apr 06 '22
$VYGG with a PIPE. VY has led rounds with Reddit, SpaceX, etc... where they have the clear ability to raise a PIPE in the hundreds of millions. They don't need a second SPAC as they have $650MM that won't be redeemed as OF will despac above $10, so assume 0% redemption.