Topps going public via SPAC - Net54baseball.com Forums

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04-06-2021, 12:37 PM

Frankish

Fr@.nk T.ot.@

Member

Join Date: Feb 2021

Posts: 362

Probably a smart move for the company (or at least its shareholders). The valuations are generally quite generous. Seems to be the case here, as well.

I'm a big fan of SPACs when sponsored/organized well. I've never heard of Mudrick Capital, but that doesn't mean much, as I'm not in the industry anymore. The traditional IPO market has/had become such a racket, and not particularly useful for non-tech companies.

Anyway, I'm not a buyer at this valuation, mostly just because I don't know the industry well and can't judge. But I wish them luck!

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