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RE: LeoThread 2025-09-29 10:20

in LeoFinance13 days ago

The perception of SPACs has become clouded, particularly around sponsor compensation, forward guidance and retail investor participation. With American Exceptionalism Acquisition Corp.

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A, the intent was to confront these concerns directly and implement improvements based on lessons learned

On alignment of interests, a SPAC has been priced with no warrants and sponsor compensation entirely tied to stock-price appreciation.

Sponsor founder shares vest only if the post-combination (or earlier change of control) stock price rises at least 50%, with three vesting tranches at 50%, 75% and 100% increases.

In other words, if the deal underperforms, no one benefits; if it succeeds, gains are shared

Priced a SPAC with no warrants and sponsor founder shares that only vest after a 50% post-combination stock-price increase, with additional vesting at 75% and 100% increases