Looks like daddi Friedland is setting up his own SPAC. There are a number of potential buy out targets, including CLQ IMO. Interesting what is found on page 117:
"We are not prohibited from pursuing an initial business combination with a business combination target that is affiliated with our sponsor, officers or directors or completing the business combination through a joint venture or other form of shared ownership with our sponsor, officers or directors. In the event we seek to complete our initial business combination with a business combination target that is affiliated with our sponsor, officers or directors, we, or a committee of independent directors, would obtain an opinion from an independent investment banking which is a member of FINRA or a valuation or appraisal firm, that such initial business combination is fair to our company from a financial point of view. We are not required to obtain such an opinion in any other context."
CLQ Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
