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Twct arbitrage
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Warrants 1.64 Commons 10.60 Units $11

One unit gets you one common (10.60) and 1/3 warrant .546. Total value 11.146. Arbitrage opportunity .146

Also have the opportunity to sell commons back and get 1.20 warrants.

The first spac the management team brought public is lpro and currently trading at $33.95

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Posted
3 years ago