s33b
2021-02-25

This is the SPAC I feel that made SPACs popular after their previous company (Diamond Eagle Acquisition Corp) merged with $DraftKings Inc.(DKNG)$(stock now $60+)

$Soaring Eagle Acquisition Corp.(SRNGU)$has 1.5B in trust, 3rd largest SPAC raised only behind $Churchill Capital Corp IV(CCIV)$($2B) and $PTSH ($4B)

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Comments

  • FernandoMarc
    2021-02-27
    FernandoMarc
    hi, if I purchase the shares, do I still get warrant?
    • s33bReplyFernandoMarc: 
      Yes. After merger your common shares will be changed to the new ticker of the company. For example, "IPOA" is now "SPCE"
    • FernandoMarcReplys33b: 
      thanks for the explanation?

      after the merger, will my common shares be transfer to the merger company? can I buy

    • s33b: 
      Each unit comes with 1/5 warrants. They will announce when units get splits into common shares and warrants and you can contact Tiger to split. So if you buy 100 units, you will also have 20 warrants.
    • s33b: 
      But do take note that Tiger charges USD100 to split of units into common shares and warrants. It might not be worth to split if you purchase less than 100 units.
  • Eledhel
    2021-02-25
    Eledhel
    price jumped pretty fast!
  • s33b
    2021-02-25
    s33b
    this just IPO today
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