Bill Ackman’s SPAC, Pershing Square Tontine Holdings (PSTH) has finally announced its target – Universal Music Group (“UMG”). This SPAC deal is complicated.
In this video, I cover:
1:53 PSTH UMG Deal Overview
2:56 Will UMG Be Listed on an American Exchange?
3:37 How Many Shares of UMG Will We Get?
4:11 PSTH RemainCo
5:23 What Happens to Our 2/9th Tontine Warrants?
6:21 SPARC and SPARC Warrants
8:16 Warrant Exchange Offer
9:17 What if We Don’t Exchange Our Warrants?
9:46 PSTH UMG Summary
DISCLAIMER: I'm not a financial advisor. These are my opinions and provided "as-is". It is not an offer to buy or sell securities. Read the Terms and Conditions.
What do you think about the PSTH – Universal Music Group deal? Leave me a comment below. Thanks for watching.
I/we own shares of PSTH
Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article.
Sign up for my Patreon to get my SPAC Trade alerts from my Fidelity All-SPAC portfolio.
Check out the list of the latest SPAC stocks, updated every week!
Have you been considering investing in Talkspace stock (TALK)? Watch my video first. Talkspace stock keeps sinking. Its closing price on Friday was $3.68. I think that TALK stock offers a compelling investment opportunity. In this video, I go over Talkspace's latest...
Dutch Bros Stock just IPO'd last month. In this video, I go over my bull and bear case for the stock as a long-term investor. I also go over my 5-year price target for BROS stock. Then I go over my game plan for investing in BROS stock over the next 12 months.Want to...
SPAC high redemptions are creating short squeeze pump and dumps. Many de-SPAC business combinations are creating a SPAC short squeeze situation due to the low float from the high redemptions. In this video, I explain what is happening to create these SPAC short...
Cash secured puts are one of the most basic options strategies. In this Cash secured puts explained for beginners video, I walk through how to trade Cash secured puts on TD Ameritrade. I also go over the results of my BBBY Cash secured put trades on TD Ameritrade.Want...
Have you been considering investing in Bitcoin and other cryptocurrencies? Watch my video first. Bitcoin (BTC) appears to be forming a bullish cup-with-handle pattern. If Bitcoin breaks out of this pattern, there's a reasonable chance that we will see Bitcoin $100,000...
Have you been considering investing in Lion Electric stock and other electric vehicle stocks? Watch my video first. Lion Electric (LEV) recently released its Q2 2021 earnings. In this video, I go over some key points from the earnings report, share some catalysts that...
Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.
Follow Donnie on Facebook and Twitter!