|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||22.00 - 22.22|
|52 Week Range||22.00 - 22.22|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Expect another round of companies to go public in October, while a late year surge could hit problems if the results of the presidential election are contested.
Pershing Square Tontine Holdings, Ltd. ("PSTH" or the "Company") (NYSE:PSTH.U) announced today that, on Friday, September 11, 2020 (the "Unit Separation Date"), the Company’s PSTH.U Units (the "Units") will no longer trade, and that the Company’s Class A Common Stock (the "Class A Common Stock") and the Company’s Distributable Redeemable Warrants (the "Distributable Redeemable Warrants") which together comprise the Units will commence trading separately. The Class A Common Stock and Distributable Redeemable Warrants will be listed on the New York Stock Exchange and trade with the ticker symbols "PSTH" and "PSTH.WS," respectively. This is a mandatory and automatic separation, and no action is required by the holders of Units.
Cash-strapped Airbnb, Inc. has a tough road ahead if it wants to pull off a traditional IPO in the current climate and would likely have an easier time going public through a merger with a special purpose acquisition company, or SPAC. That's according to IPO Edge Editor-in-Chief John Jannarone, who spoke to Cheddar TV in an […]