Bill Ackman’s SPAC, Pershing Square Tontine Holdings (PSTH) has finally announced its target – Universal Music Group (“UMG”). This SPAC deal is complicated. 1:53 PSTH UMG Deal Overview 2:56 Will UMG Be Listed on an American Exchange? 3:37 How Many Shares of UMG Will We Get? 4:11 PSTH RemainCo 5:23 What Happens to Our 2/9th Tontine Warrants? 6:21 SPARC and SPARC Warrants 8:16 Warrant Exchange Offer 9:17 What if We Don't Exchange Our Warrants? 9:46 PSTH UMG Summary Check out my Patreon! https://www.patreon.com/wolvesofinvesting 💯 Join my free Discord: https://discord.gg/HGg4Ux2xR2 🚀🚀🚀 Sign up for M1 Finance today - We both get $30! 💲💲💲 https://m1.finance/zI26ef2V7_To Sign up for Webull - We both get free stocks! 💹 https://act.webull.com/ve/fBNoioDbGq9N/cmw/inviteUs/main This podcast is a rebroadcast of a video that originally aired on YouTube at Wolves Of Investing. DISCLAIMER: I'm not a financial advisor and this is not financial advice. This podcast is based on my opinion, provided "as-is", and for entertainment purposes only.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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