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!
In this video, I go over how to research Certificate of Deposits (CDs) on Fidelity, how to buy CDs using Fidelity desktop, and how to buy CDs using Fidelity mobile app. I also go over how to cancel an order and how to buy fractional CDs. CDs are finally starting to...
Did inflation peak in 2022? In this video, I go over why the S&P 500 index went nuts over the July CPI-U inflation reading and go over my game plan for investing in this market.Want to learn the principles that help me to consistently beat the market? Check out my...
Is the bear market over 2022? The S&P 500 bear market rally has risen 14% from the bottom. Was June really the bottom in this bear market, or is this just a bear market rally that makes new lows? In this video, I go over 3 reasons why the bear market may be over...
In this Target stock analysis 2022 video, I go over my bull and bear case for this dividend growth stock that's a Dividend Aristocrat and a Dividend King.Want to learn the principles that help me to consistently beat the market? Check out my free eBook, 5 Things I...
The S&P 500 officially closed in bear market territory yesterday at 3750. Here are 5 stocks to buy in the bear market 2022. Most of these stocks on my watchlist are dividend growth stocks.Want to learn the principles that help me to consistently beat the market?...
Bitcoin has fallen below $30,000 from its all-time high of $69,000. Is Right Now a Good Time to Buy Bitcoin in 2022? In this video, I go over why I started buying back into Bitcoin after selling some of my position earlier this year for around $49,000.DISCLAIMER: I'm...
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!