Why I Bought More Pershing Square Tontine | Bill Ackman's SPAC PSTH

Описание: Why I bought more pershing square tontine?

Pershing Square Tontine holdings is a special purpose acquisition company formed by hedge fund manager Bill Ackman. Bill Ackman’s SPAC Pershing Square Tontine SPAC has not announced a business combination yet. However Bill Ackman's track record suggests that he has the ability to make this SPAC work.With Pershing Square Tontine Holdings Ltd. Bill Ackman is incentivized to produce positive returns for his SPAC investors as his hedge fund.Most SPAC’s favor sponsors at the expense of the public shareholders but PSTH is different. Sponsors typically receive shares representing 20% of the SPAC’s common shares at an abnormal discount.

Pershing Square offers A tontine investment plan through which PSTH incentivizes long-term holdings. Through this plan investors who hold through the merger are given redeemable warrants. This ensures that investors stay with PSTH for the long term. PSTH incentivises shareholders for holding on through the business combination and its shareholders get the benefit of having a financially motivated sponsor on their side.

Link to previous PSTH video:
   • Why am I Buying Pershing Square Tontine SP...  

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Timestamps:
Intro: 0:00
Overview: 0:18
Sponsor Economics: 2:01
Tontine Warrants: 3:01
Outro: 5:03

Credits:
Thumbnail: Patrick T. Fallon/Bloomberg

DISCLAIMER:
This video is for educational purposes only. I am not a financial adviser or financial professional. Watching this video does not equate to receiving professional advice. Anything stated in this video is simply my opinion and success is not guaranteed. All investments require taking on a certain amount of risk. You are responsible for your investments and the risk that you take on. It is very important that you do your own research and draw your own conclusions before making any decisions with your money.