Just sold out of my CIIG position. Might buy back in pre merger if it dips. Averaged 138% return (but I sold more than half as soon as it hit 100% gain).

Buying a bit more THCB today (adding to position by about 10%), but it’s risky. Bought mostly sub 10.50 and it’s way up. But this week is an inflection point. THCB has shareholder vote on whether to extend their deadline to find acquisition. If there’s a Down vote, warrants become worthless and stock is bought back at ~10. But I think that also means warrants will trade up disproportionately if the e tension is approved and it is therefore a riskier but better upside bet right now.

I think extension is very likely but not certain. Limited downside if no extension but prob big bounce if extension is approved — especially if there’s a deal announcement on merger at same time.

NBAC has been another EV related one I got into a little later.

I’m also in APXT, PSTH, AJAX.U, FIII and a few other SPACs.

This is play money outside my usual strategy but the structure of these pre merger SPACs is really interesting and has been fun. I’m also cautiously trading warrants around these too.