Act II Global Acquisition Corporation (ACTT) has been quite volatile in the past few weeks. Since June 2020, its share price has fluctuated between $10.10 and $11.22, and its warrants have stayed in the range of $1-2.5. The upcoming acquisition of Merisant Company and MAFCO Worldwide, which would become Whole Earth Brands, would give Act II a lot of potential upside.
Strong management team
One of the most critical success factors for SPACs (special purpose acquisition companies) is their management team. What we like about Act II is its strong management team with outstanding business