Comment Comment by danielahn Sorry for late reply!20% is standard SPAC comp.Also yes, I apologize, you are right - they get 20% of the value of the SPAC, so if they buy 10% of a company, they are only getting 20% promote on that 10%. parent danielahn 9 years ago
20% is standard SPAC comp.
Also yes, I apologize, you are right - they get 20% of the value of the SPAC, so if they buy 10% of a company, they are only getting 20% promote on that 10%.