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HODL the line !! (i.imgflip.com)

posted 3 years ago by bubble_bursts 3 years ago by bubble_bursts +392 / -0

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– bubble_bursts [S] 1 point 3 years ago +1 / -0

The merger needs to happen within 18 months. My guess is that the company needs to launch and do well to be valuated at the same amount of money the SPAC raised, and at that time they will merge it.

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– Cpleb 1 point 3 years ago +1 / -0

Interesting that the company needs to be valuated at the same amount the SPAC raised. In this scenario it seems like it’s TMTG that’s giving DWAC the value. If DWAC goes too high would it make it too difficult for TMTG to seal the deal?

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