r/SPACs - A Beginners FAQ Guide to SPAC Warrants
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Optional redemption usually opens about 30 days after merger. Your $2000 investment became worth ~$8500. At $20 common - $11.50 strike price, your warrant is intrinsically worth $8.50 each. Warrants are far more volatile than the shares, but are also more likely to double or triple in value than com
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- Optional redemption usually opens about 30 days after merger.
- Your $2000 investment became worth ~$8500.
- At $20 common - $11.50 strike price, your warrant is intrinsically worth $8.50 each.
- Warrants are far more volatile than the shares, but are also more likely to double or triple in value than commons.
- The downside is if the merger falls through and the SPAC liquidates, warrant investors lose everything. $0.
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