tag:blogger.com,1999:blog-19852159.post114787926737978326..comments2023-10-31T09:29:05.963-04:00Comments on 10Q Detective: Special Purpose Acquisition Companies (SPACs)--How Sound of an Investment?David J. Phillipshttp://www.blogger.com/profile/01447096336527192686noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-19852159.post-1168511402230583722007-01-11T05:30:00.000-05:002007-01-11T05:30:00.000-05:00#1.I am part of an executive team that has many ye...#1.I am part of an executive team that has many years of experience in a particular industry. We have a number of potential targets in mind (but no specific one)in our industry and would like to know whether it is possible to use a SPAC to raise money to fund our acquistion. <BR/>#2. What is the standard rate of underwriting discount ?<BR/>#3. How much does the management team normally need to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1154558666880693122006-08-02T18:44:00.000-04:002006-08-02T18:44:00.000-04:00I'm part of a quality management team thinking of ...I'm part of a quality management team thinking of utilizing a SPAC as a means to fund acquisitions in an identified sector opportunity. None of the targets have been contacted and they are generally value buys in declining industry which we believe we can create substantive value in. That said, the acquisiitons are large (beyond personal or F&F norms)and not suitable for venture.. thus leaving PEAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1154558567628207592006-08-02T18:42:00.000-04:002006-08-02T18:42:00.000-04:00I'm part of a quality management team thinking of ...I'm part of a quality management team thinking of utilizing a SPAC as a means to fund acquisitions in an identified sector opportunity. None of the targets have been contacted and they are generally value buys in declining industry which we believe we can create substantive value in. That said, the acquisiitons are large (beyond personal or F&F norms)and not suitable for venture.. thus leaving PEAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1149039423698196242006-05-30T21:37:00.000-04:002006-05-30T21:37:00.000-04:00Question #1: Yes, GAV is the price of the Common S...Question #1: Yes, GAV is the price of the Common Stock; #2. GAV-U = price of one Unit, which equals value of one share of Common Stock plus [perceived] price value of two wts; #3. This is the market price--derived from time premium left on warrants [plus "in the money" value of warrant relative to exercise price]; S-1 does disclose original prices paid by early investors. I hope that we answered David J. Phillipshttps://www.blogger.com/profile/01447096336527192686noreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1148659511615730782006-05-26T12:05:00.000-04:002006-05-26T12:05:00.000-04:00I am just starting to look into SPACs from an inve...I am just starting to look into SPACs from an investor's perspective, and I have some questions. In the examples given in your article, Grubb & Ellis Realty Advisors for example, you state that GAV = $5.60, and the GAV-U = $6.80. Is the GAV = $5.60 the current price for a share? The IPO price for a unit (1 share + 2 warrants)? Is the GAV-U = $6.80 the current price for a unit? Is this a Anonymousnoreply@blogger.com