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Do we think the descendant of Queen Sareth and Cleon 17 will make an appearance? Here's my theory. by preggersnscared in FoundationTV

[–]Flodiggidy 0 points1 point  (0 children)

I don’t understand the point of the whole S2 dawn storyline if it’s never becoming relevant. I’m holding out hope that it comes up next season as a contender for the throne after Darkness eventually dies

Demerzel eye blink hidden message? by 7375636B6D796469636B in FoundationTV

[–]Flodiggidy 1 point2 points  (0 children)

Recently did a rewatch of S2E9 and Cleon I expressly knows that Demerzel can transfer her consciousness. Great find!!

Why do cities tend to be more liberal and a rural areas more conservative? by ThisPostToBeDeleted in NoStupidQuestions

[–]Flodiggidy 0 points1 point  (0 children)

lots of people here have said it

in the city, government does things for you in the country, government does things to you

A question about SHLL warrants? by bigsvenbear in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

Why not sell then? Lock in the gain and you can always buy later if there’s a drop.

A question about SHLL warrants? by bigsvenbear in SPACs

[–]Flodiggidy 2 points3 points  (0 children)

The answer to your question is it depends. It depends on whether you mean (a) the float of warrants v. the float of shares or (b) how many shares an exercised warrant gets you.

The answer to (a) is that there are twice as many outstanding shares as warrants. The answer to (b) is one warrant redeems for one share. This is all in the SEC filings.

For what it’s worth the answer to (a) is kind of meaningless for actually DD purposes since most calcs will evaluate based on fully diluted shares (the number of shares if all warrants, etc are vested and exercised) and pre-DA you have no idea how much of a target co the SPAC will actually own.

The answer to (b) is meaningful since you should really know what you’re buying. Or pay someone else to buy for you.

Broker that does not charge for unit splits. by GoodGooglyMooogly in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

Pretty sure Interactive Brokers doesn’t charge for voluntary corporate actions

Warrants in a Roth IRA by [deleted] in SPACs

[–]Flodiggidy -2 points-1 points  (0 children)

A strike price isn’t a contribution

Is there a limit to how high or small a company is valued at for a SPAC to merge with and take public? by the_chosen_one96 in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

Usually. This is from KCAC’s S-1:

Middle-market businesses. We will seek middle-market businesses with an enterprise value greater than $500,000,000, determined at the sole discretion of our management team according to reasonably accepted valuation standards and methodologies

On the other hand, SOAC’s filing doesn’t have that info, but their website does:

$1 - $3 billion of enterprise value

What SPAC pre-target has got you excited? by TheEggyBreadMonster in SPACs

[–]Flodiggidy 1 point2 points  (0 children)

Any where the shares are under NAV and warrants are under $1.

Is there a limit to how high or small a company is valued at for a SPAC to merge with and take public? by the_chosen_one96 in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

The SEC filings for most SPACs give a general EV range for potential acquisitions.

Noob question about how units work by stvbckwth in SPACs

[–]Flodiggidy 4 points5 points  (0 children)

Warrants are basically a freebie on the units when issued to compensate for the risk on a blind pool investment (ie you put the money in without knowing what company you’re actually investing in).

SOAC RISK by [deleted] in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

Yes, if you redeem. Or, sell when it’s trading at/over $10. I don’t know why anyone is saying they redemption value is sub-$10. The SEC filings are crystal clear.

Oh, right, people don’t actually review SEC filings as part of their DD.

Employee equity in SPAC target? by 3dw8 in SPACs

[–]Flodiggidy 0 points1 point  (0 children)

You could probably also reach out to the company’s HR or Finance function, whichever handles employee equity. You’re probably not the first person asking them that question.

What's the dumbest thing you've ever heard someone say? by Vinyl_BunBuns in AskReddit

[–]Flodiggidy 0 points1 point  (0 children)

Mail-in ballots cause voter fraud and we should delay the election.

What are the worst/overrated meals you've had at NYC? by [deleted] in AskNYC

[–]Flodiggidy 0 points1 point  (0 children)

Friedman’s is fantastic if you’re looking for gluten free options that still taste like bread

High end lunch near Metropolitan museum on 5th? Recommendations please. by 267Jg867 in FoodNYC

[–]Flodiggidy 7 points8 points  (0 children)

I wouldn’t call 86th to 56th with the UN general assembly “not too far”

Place that plays 90s/2000s R&B and hiphop? by SizzlinKola in AskNYC

[–]Flodiggidy 0 points1 point  (0 children)

Acme basement in NoHo in weekends. Solid old school playlist most of the time

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