SSPKU News and Press, Silver Spike Acquisition Corp. Units

On May 17th, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q1 2021. I curated a list of some of the best-performing hedge funds and looked into their holdings at the end of March 2021. Several common themes appear w...

Weedmaps announced that it will go public via a SPAC called Silver Spike Acquisition Corp in a $1.5B deal. Weedmaps is a popular listing service for local cannabis shops and it is also building out a suite of software products for the cannabis sector. We are bullish on the busines...

There is no reason to own Tilray. Sell it. Today. Better pot ideas. For further details see: Sell Your Tilray

Silver Spike Acquisition Corp. (SSPKU) gained 24.15% today after this morning announcing a deal to take WM Holding Company public in a $1.5B deal.WM Holding operates Weedmaps, an online listings marketplace for cannabis consumers and businesses. The platform is on track for $160M in...

Gainers: Silver Spike Acquisition (SSPKU) +34%. Trident Acquisitions (TDAC) +11%. Open Lending (LPRO) +9%. Flying Eagle Acquisition (FEAC) +9%. Hennessy Capital Acquisition IV (HCAC) +8%.Losers: Qiwi (QIWI) -19%. StoneX Group (SNEX) -13%. Tuscan  (THCB) -8%. Switchback Energy A...

Silver Spike Acquisition Corp. has a liquidation deadline on February 12, 2021 and may announce a deal at any time between now and then. The key focus will be whether the company will merge with a cannabis or non-cannabis target. Recent cases suggested that cannabis SPACs could ge...

SPACs have become one of the dominant storylines of the market in 2020 with nearly 140 SPACs raising a record $50 billion+. With new SPACs filing on a daily basis, investors are inundated with choices. I have written a number of bullish articles about what I consider the best SPAC...

The New Normal of SPAC Warrants Risk-Reward The play field of SPACs has been quickly changing and evolving so far this year with a robust IPO pipeline, larger trust accounts and more “celebrity/influencer” sponsors. The number of newly listed SPAC so far this year has already...

Investment Thesis As is common in young, high-growth businesses, the cannabis industry is going through a rough patch as its members spend heavily to scale their businesses and gain market share. While legal in many US states, cannabis is still federally illegal in the US and an array of r...

Following the IPO Index's sharpest drop ever recorded, one cannabis SPAC is keeping the IPO market alive, expected to raise $150 million in the week ahead. Social Capital's latest SPACs ([[IPOB.U]], [[IPOC.U]]) are also eligible to price this week. Led by former Canopy Growth (CGC) executive...