On a tangential note to GME/AMC, I saw the kpg suggestion PSTH mentioned on Seeking Alpha, "In a move that could turn WeWork (WE) into a publicly traded company more than a year after its IPO fail, the office leasing company is in talks to combine with a SPAC, WSJ reports. A deal could value the firm at $10B, but it's not known whether that amount includes debt assumed. Bill Ackman, whose Pershing Square Tontine Holdings (PSTH) raised $4B last year, has pointed out that failed IPOs like WeWork is the reason he chose to form a SPAC, but the company has also received offers for private investment rounds and could choose to stay private instead." If so, is that good or bad?

I saw a few posts with a heads-up on EXRO from our Canadian friends in this thread, and looking to be a good call. It was up ~20% yesterday and another ~18% today. Here's hoping Tesla or someone big gets attracted at some point...

Ok, question for the group on a stock recommendation from kpg way back here: PSTH. I saw a note recently about it being liquidated (another what was I thinking, lol), and noticed it disappeared from my list but has been replaced with a symbol of 715ESC018 with a value of $0 for the same number of shares. Can someone explain what that means and why it just didn't disappear completely? Am I supposed to do something? Anyone else ride it to the end?

Pershing Square Tontine Holdings (NYSE:PSTH) announced this afternoon that it will be liquidating its trust and redeeming all outstanding shares of common stock effective as of July 26, 2022.

The SPAC was unable to complete a business combination within its timeline of 24 months from the closing of its record $4 billion IPO on July 24, 2020. And as a result, Pershing Square will now cease all operations except for the purposes of winding up, and will redeem all public shares. Following the redemption, the SPAC will then dissolve and liquidate.

Pershing Square Tontine Holdings currently expects the per-share redemption price for the public shares to be approximately $20.05. The public shares are expected to stop trading as of the close of business on July 25, 2022, and as of July 26, 2022 the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.

Thanks!