- There's no target announced but, so far, Chamath Palihapitiya has proven to be a fast mover and attract attention when a target is announced.
- The complex web of securities around SPACs results in an actionable angle with this one.
- Many SPACs will struggle to close a deal the market likes because there are too many.
- IPOF has the size, warrant structure and experienced team that should allow it to close a reasonable deal even if it isn't Discord.
For further details see:
Social Capital Hedosophia Holdings Corp VI: Interesting After Discord Rumor Increases Volatility