Without further ado…the winner of the SPACInsider contest is….
Congratulations to the winner!
The contest winner, who also wishes to remain anonymous (we hear ya), received a total of 180 votes out of 360 total, or exactly 50%. In order to tally the votes, we had to add together the results of the two polls (the one found in the sidebar and the one found at the bottom of posts). Oddly, the results for each were a little different and were as follows:
POLL AT BOTTOM OF POSTS
Ask me my “Special Purpose”: 48 votes (17.8%)
SPACs Illustrated: 12 votes (4.4%)
SPAC Mafia: 156 votes (57.8%)
SPAC Addict: 54 votes (20.0%)
POLL IN SIDEBAR
Ask me my “Special Purpose”: 48 votes (53.3%)
SPACs Illustrated: 6 votes (6.7%)
SPAC Mafia: 24 votes (26.7%)
SPAC Addict: 12 votes (13.3%)
Before making these available for purchase, we’ll be doing a test-run for printing to double check they look as great as they do in mock-up. That should take about a week, but we anticipate having them up and running on the next Thursday or Friday. We’ll let you know as soon as they are available.
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Between the various recent cases in the Delaware courts, such as Boxed, which involved the different SPAC voting classes, or the Multiplan case, or Arrival, all of which are in addition to the 1% excise tax on share buybacks, there has been a noticeable trend of SPACs moving to off-shore domiciles. We spoke with Derek...
two (NYSE:PIAI) announced in an 8-K this morning that it has transferred the majority of its sponsor interest to a new team led by SPAC veteran Thomas Hennessy. The new sponsor entity HC Proptech Partners III is to purchase 4,854,375 promote shares (90.9%) for undisclosed cash consideration and all current SPAC officers are expected to...
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