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A comment on A Sober Look at SPACs (2020). Parent comment

Re:A Sober Look at SPACs (2020) by monktastic1 on Saturday February 06, 2021 @08:58PM (#26051932)
Can you help me understand what this means? A SPAC has a NAV at IPO that then fluctuates. Are you saying to track the NAV and see if the units (or shares?) are close to that value?
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