The SEC has been circling around SPACs in 2021. The company’s pressure on how warrants were recognized by companies led to a backlog of deal votes and company’s set to publicly list. Two SPAC deals have been targeted by the SEC in a move that could change the SPAC market.
Shares of Pershing Square Tontine (NYSE:PSTH) saw some unusual options activity on Monday. Following the unusual option alert, the stock price moved down to $20.39.
Billionaire investor Bill Ackman's SPAC Pershing Square Tontine Holdings (NYSE: PSTH) said on Monday it is no longer pursuing a deal to buy 10% of Universal Music Group, a unit of Vivendi SE (OTC: VIVHY).
Shares of Pershing Square Tontine (NYSE:PSTH) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $20.89.
Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company’s merger and remaining company.