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Re: *** Offical SPAC 2023 Thread ***
Quote:
Originally Posted by Bearclaw_
Interesting seeing how TM Platinum plays with the secondary markets. It comes down to face value vs. fair market value. Face value for these are what he paid and what he is offering them at. It's a crappy situation thanks to TM but it's how they operate.
Fair market value, however, is much lower, even for SPAC. I'd be surprised if they end up going for what he is asking.
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sure hope they don't.
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