Difference between buying a SPAC stock vs the new stock ticker that will be created?

Discussion in 'Ask any question!' started by Deez_@$$ets, Nov 22, 2020.

  1. Deez_@$$ets

    Deez_@$$ets New Member

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    Hi. I'm one of those new-ish Robinhood investors who knows little about all the details pertaining to trading.

    I'm interested in a startup that is about to go public by doing a reverse merger with a SPAC. I don't understand what the various options are for how to proceed. The SPAC that will be part of the merger is already available for trading. But there will be a new NYSE ticker once the merger is complete. So, what exactly is the difference between buying now the stock of the SPAC that is already trading vs. waiting for the new stock to come out?

    I can give details of which company I'm actually looking at, if that helps.
     
    Thomas Malancone likes this.

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