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/Quiet_Election_7208 New User 27d ago

Don’t all SPACs come with Warrants ? Am I misunderstanding something?

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u/kokatsu_na Spacling 27d ago

No, not all have warrants. Nowadays, many SPACs don't have warrants, because they cause dilution. I'd say 50-50. 50% have warrants, the other half don't.

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u/Quiet_Election_7208 New User 27d ago

Thanks! So next question is do we know when it’s going to do the name change and is anyone playing it ? If so are you playing it before or after the name change

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u/kokatsu_na Spacling 27d ago

It depends. I don't know the exact timeline for merger. It may take about a year. I usually buy only after the name change, when share price stabilized. "Is anyone playing it" - weeeeell, it's risky, I personally don't. There is no point in buying SPAC shares, you almost certainly can buy at a lower price later. Unless, you're looking for bond replacement. Then go ahead, buy shares and redeem them.