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Pivotal Acquisition Corporation Overview by waichew92 is a document available to read on EtoBox.

What is Pivotal Acquisition Corporation Overview about?

Pivotal Acquisition Corporation is a NYSE-listed SPAC that raised $230 million in an IPO to acquire a private company. The Sponsor invested $6.375 million for shares and warrants. If no acquisition occurs within 18 months, the capital is returned to shareholders and the Sponsor loses its investment. With a successful $10 stock price acquisition, the Sponsor would realize a 10x return, while a $15 stock price would yield an 18x return. Risks include losing the at-risk capital if no deal transpires and potent

Author

waichew92

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EN