PSH meeting link here if anyone is interested: Discord
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Sorry, but Punxatawney Bill didn’t see his shadow, six more weeks of no news for us 
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Does anyone have any experience with warrants once a merger is complete? We’ve been told we’ll get the cash value of these added to our accounts. Am I right in thinking that it’s 2 warrants for every 9 shares held? And would that be based on the share price at the time the warrants are converted?
So if the price is, let’s say $30 (!) at the point of the merge and you have 9 shares, then you would get $30 x 2?
There’s some pretty good information on this on Reddit if you search for PSTH!
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I’d Butcher explaining it… but it’s set up that if you sell early you will make less money and you’re rewarded for keeping your investment in post merger
Thanks. I believe FT said they just automatically convert them at the point of the merger because the app doesn’t support them, I just wanted to check if it’s 2 shares per 9.
Mark & Bill both graduated Harvard in 1988 
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I was thinking about this yesterday. At the start of Q4 2020 BA had openly said he had spoken to Airbnb and they passed. He’s never said anything about Stripe since then. Ok, it’s also true that he hasn’t said anything about anyone else either but it just struck me that he’s never actually said no about them and has been asked sooooo much. Probably clutching at straws but…
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I think that everyone is overthinking it… 
I think the best thing is to listen too what PSHT / Bill Ackman say, if they say something. Maybe when they get close to a deal they will indicate it, even if without saying who it is.
Wow, “this will be a trillion dollar+ co. In swift order, perhaps within a year.”
Big claims! 
For those who think the target is Stripe, you might find this interesting
https://markets.jpmorgan.com/research/email/l42ivjop/mNkRV3AhL-vo86tgAZE8oA/KAL-1-IK898436
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Currently 4.3% down in premarket. Hopefully, I’ll be able to load up at around $28 on open
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TLDR; summary?
Biggest spac in history, Bill Ackman, no target, maybe Stripe.
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I skimmed through but I think what they’re essentially saying is that payment via software is going to be MASSIVE.
You’ve probably all done your DD on this already but I went looking for an explanation on the warrants and tontine structure of this spac and it’s really good for the retail investor: https://www.cnbc.com/2020/07/22/bill-ackman-and-tontine-holdings-rewrite-the-terms-for-spacs.html
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