After this Bill also talked about the “conglomerate discount” and controlling vs. non-controlling interests. To me this is looking very likely its going to be a spinoff now, especially if one is available at a decent price.
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With the news of the delay, I feel more for the guy making the ‘Every day Bill Ackman adds a unique footlong until DA is announced’ meme on r/PSTH more than investors 
This is todays (day 27):
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Hahaha the monstrosity continues, he may need to use Jackie or the others next to BA otherwise it will be chaos
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In Bill we trust I suppose. Would rather he waited and found the right deal than rushed due to pressure
I mean…how many unique subs does US Subway have? I don’t think the UK version has that many already haha
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Had to actually search this, at this rate I think he may need to go international 
(as entertaining as it is, please not subway if BA or PSH people are on this forum)
https://m.huffingtonpost.co.uk/entry/subway-sandwiches-world_n_2023347?ri18n=true
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Some Good Friday hopium for you all.
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I guess I won’t be needing to make an appointment then.
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I really need to stop watching this stock I’m just hoping for a DA any DAy now 
Found this on PSTH subreddit:
Bullish Indicators:
- Overall positive tone of “No Q1 DA”, said they believed PSTH will be an “important contributor to our shorter-term and long-term performance”
- Super late announcement about “No Q1 DA” seems to imply that a deal was close, but is just taking longer than expected.
- No more updates from the PSTH team until DA, it wouldn’t make sense to say that if a deal is still far off
- Bill said he is spending “effectively all” of his time on PSTH since the February PSH meeting
- Increased cash burn in recent months, seems to indicate they are close to finishing the deal
- Lately no sale of shares was reported, but Cacti Asset Management opened a position.
- SEC is planning to curtail SPAC market. This will likely happen in Q3 or after. This puts pressure on the companies in negotiation to come to a conclusion.
- I’ve come to see the PSTH II filing as extremely bullish. I was originally concerned that Billy wasn’t liking the market valuations but a second SPAC suggests he’s found more that one desirable deal.
- Bill and team needs a good investment and shares atleast $23/24 because they are paid in warrants not investor shares.
Bearish Indicators
- Bill missed Q1 DA soft deadline
- Possible that a deal fell through recently, which would explain the late notice about no DA
- If deal fell through, legal costs would still be higher, possibly explaining increased cash burn
- IPO’s are not as unwanted as Bill originally anticipated, more competition for taking companies public
- “It’s out of our control” about when they will announce
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Flipkart is out
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Sigh of relief
Edit: huge sigh of relief.
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Is today our lucky Wednesday?
(PSH Press Release History)
I opened this up to ask the same thing. Starlink DA would make my day, week, month, year and decade🤞
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Looks like the website has been updated with a new team member. Steve Milankov - PSTH Corporate Secretary
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More Starlink DD:
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I’d be so excited for starlink, and possibly just as excited for CashCow’s tattoo
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As far as plans to take Plaid public, Perret said there’s “nothing on the near-term horizon.” “But long term, that is certainly the direction we’d like to go,” he said.
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Grab is also off the table
I wonder if this is the unicorn that Twitter user was on about
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I’m glad about that one, but I think we’ve now ran out of unicorns (not a sentence I thought I’d ever write. The only US possibility left is Epic which we’d all like but I feel like are really not in a rush (hugely EBITDA and probably cash flow positive) and have the added complication of a significant Tencent stake. Thats why imo they can just wait until the IPO to get the highest possible valuation rather than compromise now. Eg: Sky suggested $28b last month, and Unity is currently $29b. Why SPAC at $30b when you’re probably worth double that in year after a roadshow thats hyped to the moon.
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