WMT - Conyers Park II Acquisition: 4-5x Upside For SPAC Warrants
Conyers Park II
Conyers Park II Acquisition Corp (CPAA) (CPAAU) (CPAAW) is among the best special purpose acquisition companies / SPACs available today. At $454 million, it is the eleventh biggest among the currently active SPACs, just outside of the top ten I discussed in SPAC Size Matters. As I wrote in that post, size is a virtue in SPACs. It gives the sponsor more flexibility to pursue bigger, better targets that will be better fits for the public markets. They have until July 22, 2021 to find a deal.