SPACs Launching Warrant Exchanges Early and Cheaply with Prices Low

In recent months, some SPACs have taken a more proactive stance towards eliminating their warrant overhangs early with 20 announcing such exchanges in 2023 and seven currently pending. This represents a major uptick in warrant exchanges overall as 2022 saw half as many with 10 announced. Meanwhile, there were only two announced in 2021 and
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