$SHLL One of those Blank Check companies with no revenues.
This stock and move is as strange as they come. Like something from the OTC.
Looks like a possible start of a scam brewing here.
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Merging with Hyliion. Will trade as HYLN later on. Hybrid electric trucks. Huge market.
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Don’t confuse ppl without knowing bud. $SHLL is a SPAC aka blank check company. Gathers up private investors before selling shares to the public. They look for private companies that want to become public: helps and speeds up IPO process.
corpgov.law.harvard.edu/2018/07/06/spe
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The advantage of investing in a SPAC before a merger is due to the fact that the SPAC ticker will change to the company ticker when merger is closed. If you like qhat you see and invest before merger/IPO you can gather good gains ;)
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