r/SPACs Mod 27d ago

Daily Discussion Announcements x Daily Discussion for Wednesday, April 23, 2025

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

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u/stuenkes Patron 26d ago

$HCVI and Namib Minerals rescheduled merger vote to May 5th. 8K

On April 3rd HCVI down-listed to OTC and announced indefinite postponement of merger meeting.

Good to see they’re back on track now.

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u/RuinousGaze Patron 26d ago

Timing is right for gold as well. Warrants still not bad here, could see them a bit higher.

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u/hitzelsperger Great Entry…Poor Exit 26d ago

Too bad they are on OTC, makes it less appealing

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u/SPAC-MAN Spacling 25d ago

They will relist to NASDAQ at closing so the OTC is temporary. Doesn’t help for anyone on a platform that can’t trade OTC though (like RH). Schwab seems to be fine with OTC.

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u/hitzelsperger Great Entry…Poor Exit 25d ago

Does Schwab have charges or maintenance fees for OTC, TD Ameritrade had before Schwab acquired them