03-06-2021, 11:50 PM
SPACS, new engineering, and acronyms
<!-- SC_OFF --><div class="md"><p><a href="https://www.bloomberg.com/news/articles/2021-03-06/morgan-stanley-evercore-tweak-payouts-to-spread-the-spac-wealth">SPAC engineering, dilution, and fees</a></p> <p>First....they are correct in adjusting the structure to reduce dilution...but this volume of pseudo reverse mergers has clearly been aggressively pushed by some investment banking arms....and those top players are looking for any edge given their lackluster brand appeal in IB. No offense Citi...or take offense Credit Suisse.</p> <p>But...a personal theory...when SAIL, SCALE....and updated accronyms become a norm..may be time folks to b a i l.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cbdscienceguy"> /u/cbdscienceguy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/lz5ip3/spacs_new_engineering_and_acronyms/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/lz5ip3/spacs_new_engineering_and_acronyms/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://www.bloomberg.com/news/articles/2021-03-06/morgan-stanley-evercore-tweak-payouts-to-spread-the-spac-wealth">SPAC engineering, dilution, and fees</a></p> <p>First....they are correct in adjusting the structure to reduce dilution...but this volume of pseudo reverse mergers has clearly been aggressively pushed by some investment banking arms....and those top players are looking for any edge given their lackluster brand appeal in IB. No offense Citi...or take offense Credit Suisse.</p> <p>But...a personal theory...when SAIL, SCALE....and updated accronyms become a norm..may be time folks to b a i l.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cbdscienceguy"> /u/cbdscienceguy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/lz5ip3/spacs_new_engineering_and_acronyms/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/lz5ip3/spacs_new_engineering_and_acronyms/">[comments]</a></span>Kind Regards R