- Aug 24, 2011
Question for SPAC fans: What's your take on adding SPAC warrants or SPAC units (specific SPAC + 1/x of the SPAC's warrant). Pros/cons? Example: CIIC v CIICU v CIICW.
Really good article in the WSJ last week regarding SPACs. Long and short is that those structures are very advantageous for the sponsors.........not so much for the follow-on investors.