RBAC - RedBall Acquisition: An Interesting Sports SPAC Opportunity

November, 09 2020 10:41 AM RedBall Acquisition Corp. Class A

RedBall has an interesting potential "heads you win, tails you don't lose much" setup for the patient investor.
Management is well-regarded and well-connected within the sports industry.
The SPAC is differentiated given its focus on sports, credible management, and slightly larger size; it may end up with a trophy sports asset.
That said, the SPAC market feels somewhat frothy, implicit costs are high, and there is material uncertainty.
It appears RedBall has the properties of an attractively priced call option.

For further details see:

Company Name:	RedBall Acquisition Corp. Class A
Stock Symbol:	RBAC
Market:	NYSE