Pine Island Acquisition Corp - PIPP - Share chat

SPAC aimed at Defence sector, made up of a team of ex govt, cabinet and military officials with deep rooted connections to the incoming US administration.

Thats a big ask. Throwing together a defence company with no track record and hoping to win contracts.

Iā€™d usually be wary of investing in the defence industry, but this CNBC article indicates that it has some big Wall Street backing. So it could end up being a decent long-term play.

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