psth stripe merger
Cancel. Good luck to all! report. Psth spac stripe. share. Oftentimes investors chase up blank-check companies on big merger announcements. Pershing Square Tontine (NYSE:PSTH), Bill Ackman's SPAC, rose as much as 16% on no specific news today, though there was some speculation than any announcement may happen in the new future. However, the story for Pershing Square Tontine Holdings (NYSE: PSTH… Target Industries / Sectors for PSTH. PSTH now enters the picture, but the only remaining player is Bill Ackman (and the analysts on PSTH - many are the same as the BK merger). Log In. Previously, markets speculated that PSTH would merge with Stripe. SPAC / Reverse Merger is not IPO. It doesn’t happen often but it’s happened to 2 of my SPACs, in my favor. Psth merger spacex Home; Cameras; Sports; Accessories; Contact Us There is a rumor going around that Pershing Square Tontine Holdings (PSTH) is to merge with Stripe. Anticipation of merger news from Bill Ackman's Pershing Square Tontine SPAC is stoking gains in PSTH stock. The merger target and date could be incorrect. By Bill saying they arent "mature enough" was him just telling us this is exactly why Stripe needs the team behind PSTH. There has been no shortage of merger speculation for PSTH. Price Action: PSTH shares gained 3% in the after-hours session at $23.88 on Tuesday. hide. @YoloCapitalMgmt confirmed Stripe employee claims her private shares were recently re-evaluated to … Real-time trade and investing ideas on Pershing Square Tontine Holdings, Ltd. PSTH from the largest community of traders and investors. I know he said stripe wasn’t ready…but I think it’s stripe lol. Ackman will almost certainly get a deal done before expiration, but the SPAC doesn't expire till ~July 2022, so there's no reason a deal needs to be done or even announced by this summer. Everyone thinks Stripe is his target; the market would probably go crazy for that merger but stratechery has said "with a high degree of confidence" they won't be pursuing a SPAC merger so who knows? Photo Courtesy: Wikimedia Share your opinion and gain insight from other stock traders and investors. Not only that, but Kevin O Leary (of Shark Tank fame) also expressed his support. Because of this … I have a significant long position in PSTH. This dream was demolished by Stripe CEO on Twitter when he said:”No such deal.”. 210. This merger between Burger King and Tim Horton's was a wild success. If anyone is able to take my DD and expand upon it, that would be awesome. Search form. Rooms Shows Rankings Earnings Calendar Shop. There were also reports of Ackman approaching Stripe for a SPAC merger. S&P 500 0.00%. The value of going the SPAC merger route vs IPO is the experience and consulting expertise and consulting the Collison brothers need to make Stripe mature and ready to go public. Merger Rumors. Skip to main content. Find the latest Pershing Square Tontine Holding (PSTH) stock discussion in Yahoo Finance's forum. According to the PSTH S1 filing, the warrants are exercisable for $23.00 30 days after a merger is completed and it also has to be at least 12 months from the SPAC IPO, so at least July 2021. There has to be more connections with Ovitz / Andreessen / Stripe etc. Search. Uber and DoorDash discussed the possibility of a merger last year, according to the Financial Times. Ackman leaves a few hints on PSTH targets – particularly “mature unicorns” like Stripe, Bloomberg, Airbnb, etc. Sign Up. The SPAC aims to take a minority stake in a … Trending now. Then and Now. SoftBank, an investor in Uber and DoorDash, reportedly urged the companies to explore a merger. (For these see A-Exhibits) B. Top bets include Bloomberg, SpaceX, Stripe, Plaid and even Chick-fil-A. Thesis: There is two parts to this speculation. All parties benefited greatly and saw massive returns. According to a private discord group, an employee of Stripe said their shares has been re-evaluated to $20 per share, which is coincidentally the same price Bill Ackman’s SPAC IPO’d for. NASDAQ 0.00%. Search . A. PSTH will merge with Stripe. Given some of the recent hiccups with Bloomberg, Stripe, and Airbnb this may push a deal later on into 2021. PSTH stock has been trending during the month of December thanks to rumors that Bill Ackman’s SPAC could be taking Stripe public. A merger will give Stripe liquidity to expand globally at a faster rate (cash helps speed this up with acquisitions, ... Michael, Jackie, and Bill = the Stripe + PSTH dream team. save. While the merger target for IPOF is still a mystery, on Jan. 14, Palihapitiya tweeted that he would like to take Stripe public. PSTH stock is trading at a 44 percent premium to its IPO price of $20, with no merger announcement. 81 comments. Others have called for a SPAC merger with SpaceX or Starlink. Pershing Square Tontine Holdings, Ltd. 28.00 2.56 (10.06%) Watch . After its merger in November 2020, TSNP stock rose from a penny to over 16 cents, a stunning 1,500% return. It’s also possible that the company can change the terms of the warrant in conjunction with a deal. As PSTH is targeting a company with a post-merger market cap of $15 billion to as much as $30 billion or more, the Sponsor Warrants could become … PSTH will use PSCM’s substantial experience in identifying, analyzing, and determining business quality and the sustainable competitive advantages of a target company, as well as PSCM’s due diligence and negotiation expertise in executing a transaction. Ackman added that he limited the size of his blank-check firm to avoid shrinking the pool of merger candidates. Stripe is NOT ruled out. Pershing Square Tontine Holdings, Ltd. NYSE Updated … I’m talking up my book. A merger with a big name or a prosperous company could easily see the PSTH share price build in the run-up to a merger date. Bill has created the largest SPAC in the history of SPACs with a investor friendly structure that indicates long hold positions - let's speculate! The stock closed at $28.87 on Feb. 25 after falling 1.8 percent that day. Psth spac stripe. Publisher - Get Latest Worldwide Updates and News about Food, Travel, Sports, Trading and Lifestyle. When Ackman did the interview in September he said he had talked to the Collision Brothers and they were not ready to go public "yet" and the most recent interview with John Collision he said they were not going to "IPO." PSTH intends to pursue merger opportunities with private, large capitalization, high-quality, growth companies. The announcement will come on Feb 17th. DOW 0.00%. PSTH now enters the picture, but the only remaining player is Bill Ackman (and the analysts on PSTH - many are the same as the BK merger). This is not a research report, just speculation. Ackman’s reputation also means a … Some dot connecting, but he started following 3 twitter accounts, all from stripe and reses left square Conflict of interest The timing with her stepping down from square and the twitter follows just seem oddly correlated. Pershing Square Tontine is likely to find a merger target, and when it does, it'll be big news.
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