October 6, 2021
I'd like to voice my support SR-NYSE-2021-45. It will solve several issues with the existing SPAC structure, the main one being the significant reduction in opportunity cost. This will allow the little guys to be involved in deals they like without having to tie up large amounts of capital or take out margin loans to participate in transactions. The longer timeframe is also a huge benefit to investors as it gives the sponsors more time to find good quality deals with less pressure. We believe this structure will significantly improve the quality of deals in the market and is a win-win for all.