Bill Ackmanβs SPAC, Pershing Square Tontine Holdings (PSTH) has finally announced its target β Universal Music Group (βUMGβ). This SPAC deal is complicated. Β
1:53 PSTH UMG Deal OverviewΒ
2:56 Will UMG Be Listed on an American Exchange?Β
3:37 How Many Shares of UMG Will We Get?Β
5:23 What Happens to Our 2/9th Tontine Warrants?Β
6:21 SPARC and SPARC WarrantsΒ
8:16 Warrant Exchange OfferΒ
9:17 What if We Don't Exchange Our Warrants?Β
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This podcast is a rebroadcast of a video that originally aired on YouTube at Wolves Of Investing.
DISCLAIMER: I'm not a financial advisor and this is not financial advice. This podcast is based on my opinion, provided "as-is", and for entertainment purposes only.