spac-like shell listings
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Apr 17, 2026 by Sam Lessin · across every show →
Everything said about spac-like shell listings, oldest first
Apr 17, 2026 positive
Sam Lessin: Structured shell company deals offer investors asymmetric downside protection
“The reality is there's all sorts of like covenants and deals that go into these types of situations where like, if you really want to be wonky about the finance of it, it's pretty hard to lose money. And there's a ton of asymmetry on them, right?”