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#Vestibular disorder warrior mostly trading #SPACs . DON’T take investment advice from a #dizzy person! DO support https://teapawt.org/t.co/ZEeJnJXQFb @vestibularveda

Vertigo USA
Joined May 2009
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New Year Resolution... unlock account and try to actively participate in #SPAC discourse despite the unpredictable nature of my #vestibulardisorder @vestibularveda . Not a SPAC newbie though... been lurking since $DEAC and @SpacGuru still wore Sox ;)
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Medicus Pharma plans $135M SPAC spinoff for SkinJect at 56x market cap 🤝 #MDCX #MergersAndAcquisitions
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As SPAC NAV discounts have widened and T-bill yields have increased, SPAC arbitrage yields have risen to 5.4%, now rivalling the yield of the bond index for the first time this year.
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SPACs trade at an average -1.4% discount to NAV, the lowest valuation for the asset class since 2022.
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$AUR $KDK 📰 WSJ: The Most Polite Trucker in America Is a Driverless 18-Wheeler #deSPAC
Self-driving cars are on the brink of becoming commonplace. Next up are the highway’s biggest, loudest and most intimidating vehicles: driverless trucks. on.wsj.com/4i917KX
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One of the more striking trends in SPACs has been the poor trading performance of warrants and rights, particularly among announced deals. Across 69 exchange-listed SPACs, the median warrant trades at just $0.23, while the median rights-implied share price is $1.11. Despite these depressed valuations, I have yet to see a single insider purchase. Correct me if I'm wrong. This is exactly what the market is desperately missing. If sponsors believe their deals are worth substantially more than the market suggests, it's time to put their money where their mouths are.
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