https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145.htm …
Almost all comments are in support of the subscription warrant rule. If you want your capital available but still want the option for a deal then please express your support. It's a good idea for SPACS in general. $PSTH @BillAckman Your name isn't there!
I called the NYSE to ask if they had an expected timeline - Didn't get a clear answer other than the SEC can do it quickly or slowly depending on how much opposition/support/scrutiny it gets. He believed worst case was 240 days or so but could be weeks. Nothing is for certain.
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240 days would be way too long. I surely hope Bill keeps working on a deal and this will be but a formality then. Better yet, he closes with PSTH itself and keeps SPARC ready for the next (ad)venture.
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