Pershing Square Tontine is now at about $29 after launching at $20 and is still without a merger announced, Investor Place reports. Because of the SPAC’s structure, including the issues of warrants, that rally gives Pershing Square Tontine the same problems facing so many other SPACs at the moment: share dilution. Read more.
Pershing Square Tontine has Big SPAC Problems: Report
