- There's a tsunami of SPACs hitting the market.
- Many of these companies are subpar and have complex features and securities attached, but investors are gobbling these up.
- The king of SPACs is Chamath Palihapitiya and the issues he's involved with can't be ignored.
- 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.
For further details see:
Why I'm Messing Around With Social Capital Hedosophia Holdings Corp. VI