Oct. 16 at 7:57 PM
$AAGR Another SPAC disaster! People need to KNOW who these SPAC SPONSORS and their C-Suite Personnel are so they CAN AVOID every deal they're involved with. For AAGR, it was Hans Thomas, Chairman and CEO of 10X Capital Venture Acquisition Corp. II - who's firm did a horrendous job on properly structuring AAGR's post-Closing Balance Sheet. Eerily similar to
$ZPTA, where Bill Sandbrook, Co-CEO, and Matt Brown, President and CFO, of that SPAC's Sponsor, Andretti Acquisition Corp. ALSO FAILED to properly structure ZPTA's post-Closing Balance Sheet. These are just two of hundreds of poorly structured SPACs. WARNING to anyone who buys these Sponsors deals ever again! And, shame on the SEC for enabling these firms to list without properly funding. Congrats to the Shorts and Illegal Naked Shorts (another SEC failure) for incredible wins on these two firms - and hundreds of others!