How do you value a SPAC that has an acquisition target identified? Shouldn’t the market cap of the SPAC = ownership interest in the acquisition x market value of acquisition x some risk %? What am I missing

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The market value of the acquisition target is not established on a public market. You could retrieve some information to come up with your own value in SEC filings depending on how close the deal is to closing. There is also risk deal doesn’t crystallize if it falls through.

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There usually is an investor slide that shows the market cap post spac. Valuation is a different animals as these are all valued at perfection and has been corrected in last few months

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Additional Posts in SPACs

PSTH might come home to roost soon.... still my biggest spac. Just bought $PSFE IN long term portfolio

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Here is difference of thinking. I trimmed a lot of my adds from yesterday and this morning. These things. Ounces too fast too strong. I always sell into strength and buy weakness

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What happens to BFT when PSFE ticker is available for trading?

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Any thoughts on VOSO and CND?

Which SPACs do people still see upside for?

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Do we think this market is just like oct / november with tons of opportunities? Or would realistic valuations returning crush the easy money in the SPAC world

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Any SPACs we should be keeping an eye on?

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Where is everyone? Let’s get some ideas flowing.

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Well TSIA already up 100%. I’ll pass on this one

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Spacs on sale. Buy good management

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