When is the Next SPAQ Earnings Report?

If you’ve been looking forward to the next SPAQ earnings report, you’ve come to the right place. This stock has recently completed its initial public offering (IPO), raising $552 million. The IPO was one of the largest SPAC deals in 2018, and SPAQ expects to have $569 million in its Trust Account at the end of first quarter 2020. The company has also entered into a Forward Purchase Agreement with APO under which the private equity firm would provide $300 million if the IPO is successful. Once the deal is completed, SPAQ could use $869 million to make acquisitions. With about 24 months to complete an initial business combination, it has a high probability of achieving that.

As of this writing, SPaq is trading around $6.46 on the New York Stock Exchange (NYSE). The company is currently making $5,291,000 per share, and is similar to companies such as NIO and Faraday Future. Other companies that manufacture SUVs include Cadillac and Lincoln, which both have popular upscale lineups of vehicles. While these companies may be small, they all have large potential for expansion.

Investors should be aware of the risks associated with SPAQ. The stock is in the energy industry, and it may be near the bottom of the cycle. If the deadline is missed, the shares of SPAQ will be liquidated and investors may face substantial downside. Additionally, SPAC warrants are not as liquid as their underlying common shares, so investors may face liquidity risk. However, if you choose to invest in SPAQ, make sure you understand the risks and benefits of owning the stock.

SPACs are a great opportunity to buy a new big stock before it becomes established. In general, institutional investors will get their shares first, so retail investors may have a better opportunity of grabbing a few shares at a low price. However, the price range for retail investors is $10 per share. With this price, retail investors will have a reasonable chance of making a good investment.