PSTH - What SPACs and TV's Let's Make a Deal Have in Common

Let’s say you and a bunch of other investors pool your money and hire an acquisitions expert. This dealmaker uses the large amount of cash raised as leverage to help negotiate a great deal acquiring an existing business. The agreement with the dealmaker is, if he finds something interesting, you will all get to vote on his moving forward for you. If the vote is yes to move forward, and you’re still not interested, you can individually have your money back (less expenses, plus interest earnings). Read More >>