Welcome to the Weekend Discussion! Please use this thread for questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Weekend Discussion! Please use this thread for questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

The Indian government is finalizing battery swapping guidelines for electric buses and cars, in addition to two- and three-wheelers. The Ministry of Heavy Industries is set to present these proposals to the Prime Minister's Office (PMO) in the next 10 to 15 days.

"An official stated that the Ministry of Power (MoP) has already developed guidelines for battery swapping stations. These guidelines have been forwarded to the Ministry of Heavy Industries, which is expected to provide its feedback soon."

The outlook in India is increasingly positive, as the long-awaited battery swapping guidelines are on the horizon. Initially, the situation appeared uncertain after the publication of the PM E-Drive (formerly called as FAME 3), which did not directly mention battery swapping. This ambiguity may have contributed to the recent pressure on Gogoro's share price. Notably, Gogoro has announced plans for major expansion in India, as soon as governmental policies are clear.

https://www.thehindubusinessline.com/economy/govt-to-soon-come-out-with-battery-swapping-guidelines-for-electric-busescars/article68796953.ece

Welcome to the Weekend Discussion! Please use this thread for questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

I put together a post on AMBI here:

https://www.reddit.com/r/SPACs/comments/1g8fpwz/hot_off_a_10x_with_leu_i_present_ambi/

I think what spac-heads will appreciate is how well the stock has performed, and how tight the float has remained since a merge that occurred 2 years ago. It seems that 95% go straight to zero over this time span, and the few that do make it through the 2 year gauntlet without doing anything damning often perform well. At least that is an screening criteria I use based observing spacs anecdotally.

Bottom line - AMBI looks free and clear of red flags to me, and is appealing to me for a number of reasons. Would appreciate any feedback / comments from the spac crew.

disclosure: I'm long commons and warrants

Welcome to the Weekend Discussion! Please use this thread for questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

A SPAC finds a merger target and enters into a 'Business Combination Agreement.' These agreements often contain a Termination section. Some SPAC's have termination fee clauses in their Business Combination Agreements where a termination fee is paid if the deal is cancelled.

Here is an example of an interesting situation where a SPAC 'BLOCKCHAIN COINVESTORS ACQUISITION CORP. I' negotiated a very favorable termination fee for the company. Below is a clause from the Business Combination Agreement Termination section:

"(b) In the event of any termination of this Agreement, the Company shall pay to BCSA, a non-refundable fee (the “Termination Fee”) in the amount of $5,000,000 promptly, but in no event later than 30 days, following the termination of this Agreement. "

https://www.sec.gov/Archives/edgar/data/1873441/000121390024031672/ea020359301ex2-1_block.htm

What makes this a great deal for the SPAC is regardless of who terminates the agreement, the SPAC will get $5 million from the target. At the time of this agreement, the SPAC's market cap was about $17.5 million. The $5 million termination fee was about 28% of the SPAC's market cap. A significant amount. The target ended up terminating the agreement and paying the $5 million to the SPAC. This caused the SPAC shares (BCSA) to jump over 2%.

There may be some great opportunities to focus on SPAC's with beneficial termination fee clauses.

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Weekend Discussion! Please use this thread for questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the /r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!