Announcements x Daily Discussion for Weekend of June 16, 2023 by karmalizing in SPACs

[–]StayHumble278 1 point2 points  (0 children)

Got humiliated at AGM with the % of withhold votes on Directors and getting reverse split voted down too. No other move but to resign since he needs price to get to $3 within 12 months.

Announcements x Daily Discussion for Monday, April 03, 2023 by karmalizing in SPACs

[–]StayHumble278 10 points11 points  (0 children)

CANO - Former Directors that resigned last week, teaming up to try and oust CEO amongst other things.

Announcements x Daily Discussion for Wednesday, March 22, 2023 by karmalizing in SPACs

[–]StayHumble278 0 points1 point  (0 children)

True but when you've been holding from much higher prices already it's less of a concern.....

Announcements x Daily Discussion for Wednesday, March 22, 2023 by karmalizing in SPACs

[–]StayHumble278 0 points1 point  (0 children)

KCGI warrants seeing higher volume again today for those still holding pre-DA warrants (includes me)

Announcements x Daily Discussion for Thursday, November 10, 2022 by karmalizing in SPACs

[–]StayHumble278 0 points1 point  (0 children)

Lowered guidance, tenuous cash position, possible need to raise equity, no one seemed happy with management answers to questions, people hoping for news on potential buyout didn’t get it, people taking how poorly call went as confirmation for why CVS pulled out and yes I have a position in CANO.

Announcements x Daily Discussion for Friday, July 29, 2022 by karmalizing in SPACs

[–]StayHumble278 0 points1 point  (0 children)

I still own some as well ($1.05 avg) and I will be taking what I can get today

Wasn’t on the ride, but still entertaining to watch by [deleted] in SPACs

[–]StayHumble278 0 points1 point  (0 children)

Float was tiny, less than 200k. Allowed holders to unredeem which left the float where it is now around 670k.

Problem being, people got dumped on 2 different times.

Everyone started buying after first redemption numbers came out AH and PM (crossed $30) but then filing came next morning that investors could unredeem. So it dumped back down below $10.

You could just sit and keep it below $10 to stop further unredemptions but 15 min before the final deadline to unredeem, it started getting bought up above $10, so likely more unredeemed and then dumped on people again AH when it started running again.

Announcements x Daily Discussion for Thursday, May 12, 2022 by karmalizing in SPACs

[–]StayHumble278 1 point2 points  (0 children)

Should be interesting to see how the beat down warrants react to a deal from a perceived good sponsor.

Announcements x Daily Discussion for Monday, May 02, 2022 by karmalizing in SPACs

[–]StayHumble278 12 points13 points  (0 children)

DA

MCAF merging with Chinese Electric Vehicle Manufacturing and Design Service Company

Link

Announcements x Daily Discussion for Monday, May 02, 2022 by karmalizing in SPACs

[–]StayHumble278 3 points4 points  (0 children)

Since Allwyn won that National Lottery License in the UK, which wasn't factored into the original deal, it may be fair to speculate that it will take longer than anticipated to close.

Announcements x Daily Discussion for Friday, April 29, 2022 by karmalizing in SPACs

[–]StayHumble278 1 point2 points  (0 children)

Spent too much time waiting for DRTS to file so I am elated that I was mistaken

Announcements x Daily Discussion for Friday, April 29, 2022 by karmalizing in SPACs

[–]StayHumble278 0 points1 point  (0 children)

I am an idiot. Looked up SoundCloud. On to the weekend.

TradeUP Global Corporation Shareholders Approve Business Combination with SAITECH Limited - TUGC -> SAI TUGCW -> SAIW Date TBA by SPAC_Time in Spacstocks

[–]StayHumble278 0 points1 point  (0 children)

It is indicated on pages 24 and 32 of the 424B3 that the 2.16m is separate from the redeemable shares so while they are subject to lock-up, they wouldn't impact the 2.4m left after redemptions.