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/biz/ - Business & Finance


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19096789 No.19096789 [Reply] [Original]

What is Flying Eagle Acquisition Corp? FEAC
Why was it listed last week in the NYSE?
Why is the Queen of England invested in it?
Why are all these big hedge funds invested?

>> No.19096808
File: 149 KB, 1039x1055, FEACCATA.png [View same] [iqdb] [saucenao] [google]
19096808

>>19096789
Its blank check company thats business is to effect a merger with one or a combination of businesses. A SPAC special purpose acquisition company. A vehicle for that allows public stock market investors to invest into otherwise private equity. The flavor of the year is SPAC companies. We have seen much success with Draftkings, Spacex, and Nikola.. Just look at how those went for folks who got in early.

Needless to say. Something is happening with this and I want other anons to help me find out just exactly what that is...

Or maybe for "who" it is?

>> No.19096895

Interesting... Thanks Anon for giving me something to look into tonight

>> No.19096903

>>19096808
>>19096789
I'm with you.
Quite a question you've found here.

>> No.19096928
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19096928

>>19096895
>>19096903


This is a chance for biz to actually find something before it takes off. Look into this.

Also look into what happened with SPCE, VTIQ, NKLA, DKNG.

God speed.

>> No.19096956

It pops every morning. Almost like somebody gets some cash each day. The movements look almost robotic, automated...

>> No.19097008

Investor relations:
elibaker@geacq.com

>> No.19097037

>>19096789
Someone explain to a brainlet what this means

>> No.19097074

>>19096956
Im not sure how the HFTs work with SPAC just coming on the market in recent days/weeks. Seems like some attenuation or oscilation going on with the way private and institutional is built into it providing it a foundation before it takes off. Ive seen similar things with other SPACs before they moon.

>> No.19097197 [DELETED] 
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19097197

>>19096789
Oh I forgot to mention Steve Mnuchin's dad is involved

Alan Mnuchin.

Hes a director. And this is located in Los Angelas. Where Harry and William live.

>> No.19097220
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19097220

>>19097197
So there is a White House, Buckingham Palace connection....

>> No.19097364

Flying eagle is a typical symbol of the elite. It embodies a connection to the divine and implies the right to rule over others because of their apparent divinity.

>> No.19097448

>>19097364
Good thing I already bought

>> No.19097473

>>19096956
Big if true

>> No.19097548

>>19096789
Bump for interest. Anyone doing DD?

>> No.19097643
File: 101 KB, 1424x706, AGM.png [View same] [iqdb] [saucenao] [google]
19097643

>>19097548
Its ongoing, the best I can do is look at all the names attached to this.

Im currently looking into AGM partners and Steve Mnuchin's brother Alan Mnuchin.

His brother was an exec at Goldman Sachs and is now the treasury secretary.

Theres also news about Goldman Sachs merging..

https://www.foxbusiness.com/markets/goldman-sachs-eyes-wells-fargo-pnc-us-bancorp-as-deal-talks-resurface

>> No.19097674
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19097674

How much is a make it stack on this

>> No.19097775

Their other company, DEACU, ipo'd Nov 11th and has already doubled

>> No.19097805

>>19097643
What are you trying to suggest? The Queen of England is trying to bring a company public for Prince Henry to run? What company is FEAC suppose to merge with?

>> No.19097824

>>19097775
How do you find this information? What resources do you use?

>> No.19097938

>>19097824
Just look up the ticker symbol and view the 1 year chart

>> No.19097951

>>19097805


The only thing Im suggesting that has any concrete evidence is that the Queen of motherfucking England invested in this company Flying Eagle. Based in Los Angelas.

Where the Duke and Duchess live.

Treasury Sec. Steven Mnuchin's old brother, Alan Mnuchin is a director for this company.
We have an explicit White House Buckingham Palace connection.

>> No.19097967

>>19097824
DEACU was formed for the draft kings deal... A lot of these entities are created because they have a specific merger in mind, the proceeds from the IPO help find those transactions

>> No.19098030

>>19097951
Interesting thanks. What made you look into FEAC in the first place?

>> No.19098180
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19098180

>>19098030
I made money off of Draftkings and Nikola in the recent past with these SPAC companies that fly beneath the radar.

Im trying to get my fellow /biz/raelis in on these but they prefer penny stocks, spy spreads, and tankers.

Not that any of that is bad but they kind of have horse blinders on.

I achieved this leaving biz for a while and going to stocktwits, twitter, and discord and found lots of people who talk about these things and actually make lots of money


Biz is too narrative controlled or shilled heavily

>> No.19098272

>>19098180
>twitter
What accounts do you follow? I want to learn anon

>> No.19098295

>>19098180
What discords?

>> No.19098469

"The Company has 24 months from the closing of the Public Offering to complete its Business Combination (or until March 10, 2022)"... So what happens when the merger is complete? Does the company get delisted? What happens to equity holders?

>> No.19099038

>>19098469
The company gets delisted but effectively is now merged into the new IPO company. Like a metamorphosis.

>> No.19099293

>>19096789
>Thanks just bought 100k

In all seriousness, I am intrigued by SPACs. Have any of you looked into JWS.U?

>> No.19100069

>>19099293
this

>> No.19100701

Bumping. Any idea why I also get FEAC-UN in addition to FEAC when I search? Both appear to be NYSE listed and have nearly identical price movements but seem to be independent. I don’t know nearly enough about this sort of shit

>> No.19100768

>>19100701
I believe one comes with a quarter warrant attached, but I could be wrong

>> No.19100978
File: 91 KB, 576x1024, warrants.jpg [View same] [iqdb] [saucenao] [google]
19100978

>>19099293

Lol. Havent told you to buy yet. I want to put this on our collective watchlists so we can make /biz/ some fucking money before anyone else does.

Hell we should have a /spac/ general really, given the trend.

Thanks anon I'll put that on my tradingview watchlist. That looks super new.


>>19100701
Something to do with warrants like the other anon said. Just remember warrants have different expiry and prices from standard options.

Take a look at the warrant explanation around the VTIQW spac that came out and it explains it pretty well for people who dont know anything about warrants.

>> No.19100982

>>19100768
>quarter warrant
I had to look up what that means and I still don’t quite understand it

>> No.19101045

>>19100978
Interesting, thanks. So for a retail schlub like me, I’m thinking no warrant even though I might take a relative hit because of the leverage implication but simply because I have no idea how I might sell or otherwise execute on the warrant

>> No.19101054
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19101054

>>19098272
>>19098295


Sorry I dont want to forfeit my anonymity. Ive been more than just a little active lol


I will give you one trader that tipped me off to vtiq before anyone else here did and doubled my account.


Hes generally really really good, but sometimes his penny stock plans dont always work out but thats okay. Fuckn penny stocks are dumb anyways but we still playem when we know theyre good. I avoid the PnDers. Be careful looking for people to follow on twitter.

>> No.19101080

>>19101045
Its something you want to buy only if you know with pretty good certainty that it will take off. The leverage factor is something important to note as well. Yea it takes the form of options before options can even be available. Just more risk lol.

>> No.19101096

>>19101054

https://twitter.com/alexcutler247

>> No.19101100

It is the second largest acquisition corp this year, so it has to be a small cap firm as its 600 million. What industries can be valued as small cap? Gambling, tech/financial, data, industry?

>> No.19101184

>>19101080
Yeah that’s my fear. Just throwing it out there, the stocks mentioned already seem to have what I would consider fairly impressive volumes given they seem to have just sort of popped into existence a few months ago

>> No.19101210

>>19101100
Cruise lines maybe? Maybe an airline? Flying eagle could be a clue

>> No.19101315

Converted to idiot, does this mean you would be buying into an allowance play-fund set up for Prince Harry while he's in America?

>> No.19101424

>>19101096
This guy is literally shilling everything /biz/ is

>> No.19101425
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19101425

>>19101100

Could be industrial, capital management, biopharmacuetical (doubt), tech, data, or even entertainment.

The queen has an interest in this and owns the most. That is one of our best clues, and it leads to Steve Mnuchin's brother and his AGM partners..

>> No.19101447

>>19101210
>>19097364

>> No.19101467

>>19101424
Thats just some overlap. And hes just one guy i talk to. Quite frequently.

>> No.19101533
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19101533

>>19101184
Please do not buy it, please do keep it on your watchlist and set alerts for any changes bigger than 10%

>>19101315
I sincerely believe the Queen does not intend to make his life any more comfortable for him. I do believe genuinely that she would probably like him to be more productive/resourceful with his time spent here as he is sort of a reflection still on the Monarchy despite having titles abdicated


She just doesnt want her grandkid to be a fuckin neet

>> No.19101554

>>19101447
Yeah but in addition to that. I dunno but I’m damn curious now.

>> No.19101619

Ive been seriously wondering wtf is prince harry going to do with his Royal self besides be the first royalist to openly miscegenate as a passion pleasure project to (((them)))

>> No.19101629

>money doesn't fully transfer until noon tomorrow
FUCK FUCK FUCK FUCK

>> No.19101630

>>19101619
Can Prince Henry even run a company? What can this dude even do but party like a rock star?

>> No.19101645
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19101645

>>19101554
All we can do now is wait and track its progress unless some anon has a breakthrough.

I also want to make other anons rich like I got more wealthy with my SPAC luck :/

I heard being altruistic helps your odds somehow

>> No.19101676

>>19101630
Does he have to? All he really needs to do is Sit his Royal Ass on a board and collect a Royal Sum like Hunter Biden in Burisma. Its just a more constructive use of his time. And if you read the article I placed on the second post; it dont look like hes doing much partying. Instead lamentating on his choice of spouse.

>> No.19101690

>>19101629
Relax this thing is going nowhere fast. Yet.

>> No.19101718

>>19101629
You have time to accumulate funds for these SPACs before you make a move. Because once they pick up steam it, its still a haul to push past approvals, voting, and SEC, regulation etc. And things can break down. But recent SPACs have been met with resounding success. Initially at least. Good enough for a smart initial investment and cashout

>> No.19101792

>>19101676
Where can we find where else the Queen has stakes in, likewise with Mnuncin? I'd be most curious about that rn

>> No.19101861

>>19101792
Here you go.


https://fintel.io/i/her-majesty-the-queen-in-right-of-the-province-of-alberta-as-represented-by-alberta-investment-management


But thats just her investments through that management group. I dont know how to find her investments elsewhere.

>> No.19101953
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19101953

>>19101861

dat portfolio tho

>> No.19102004
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19102004

>>19101645
if you're doing it to help your odds it's not altruism

>> No.19102059
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19102059

>>19102004

Full disclosure; I DO have one singleton on this position sir!

>> No.19102282

>/biz/ now gets to draft behind an investment of The Queen of England and probably Steve Mnuchin
wew lads.
thanks OP.

>> No.19102287
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19102287

Update on their previous eagle acquisition records, they all seemed like shit.

Flying Eagle: ???
Diamond Eagle: Draft Kings (gambling seems like the gem)
Double Eagle: Williams Scotsman International (portable classrooms)
Platinum Eagle: Target Logistics Management LLC (Workforce housing/houses for oil workers)
Silver Eagle: Videocon d2h (Indian pay TV brand owned by dish)
Global Eagle: (inflight airline entertainment)

Also did anyone notice that the Ontario Pension Plan Trust fund has a 1,000,000 shares of a special acquisition company. Why the fuck would a healthcare pension plan trust fund spend money on a recently listed special acquisition company?

Do we think that this company might be Canadian or operate in Canada given the heavy Canadian influence?

>> No.19102387

Well I hope you got outta JCP. They're gonna file for chap 7.. Goodbye shares (and your money).

>> No.19102490

Is there a way of knowing exactly when they bought?

>> No.19102527

>>19102287

Yes one of the largest stockholders is Canadian.HGC asset Management.

Theres a pretty good possibility from all the multinational interests.

Im thinking it could be both US/Canadian

But I mean all of us are stabbing in the dark until the day arrives.

>> No.19102534
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19102534

>>19096789
should I go all in on $FEAC?

>> No.19102563

>>19102527
Given their past acquisitions they honestly seem to have a shit record. Draft kings was their only billion dollar acquisition. Plus their naming convention has no meaning i thought at first diamond would be reference to gambling but the other companies don't make sense? Unless double is meant to referent to how their portable classrooms are doubles, platinum maybe referring to mining companions using those workforce housing.

>> No.19102627

>>19102563
>>19102527
What are some big private Canadian companies that have whispers of wanting to go public?

>> No.19102658

>>19102627
>>19102563
i bet it's something that has to do with DUDE WEED 420 LOL...streamlining dispensary deliveries. think grubhub but for medicinals

>flying
>as in high

>> No.19102688

>>19102658
Weed is such a shit industry I can't see them making a fucking weed IPO right now.

>> No.19102756

I have no idea what any of this means after reading this thread but I would like to follow you OP.

I want to make steady gains.

>> No.19102790

>>19102688
Yeah I dont think the queen, blackstone, Millennium, Deutchse Bank, and Suisse Credit are also partaking in cannabis meme stocks.

>>19102534
No. Not yet. We need to identify this thing.

>> No.19102829
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19102829

>>19102756
Dont, I may have tripled my account since I started in February. That doesnt mean I know what im doing. Just trying to be constructive as possible while locked down.

>> No.19102919

>>19102563
Do you think it could be something 5G or tech. Someone these guys know could be bleeding edge since it looks like we have smart money in here?

>> No.19102941

>>19102919
Flying makes me think something like with signals, drones, telecoms, data. Something to that affect.

It definitely isnt airlines for obvious reasons I shouldnt have to say

>> No.19103029

>>19102829
Fine. Thanks fren.

>> No.19103051

>>19102534
>should I go all in
You should never do that.

>> No.19103080
File: 28 KB, 437x367, hgc-ceo.png [View same] [iqdb] [saucenao] [google]
19103080

>>19096789
Not sure it means anything, but the CEO of HGC, one of the institutions with 4m+ shares, is focused on energy sector mergers.

>> No.19103188

uh OP i don't think the queen of england actually has 4 billion dollars invested with this company. i think it's the entirety of the alberta investment corp's holdings and they list the queen because she's the canadian head of state techincally and is on their currency.

>> No.19103194

>>19103080
Looking at HGC more significant investment that is a very good inference. And the Queen might want to put her mouthbreathing gkid on the board of it to appear significant. Like Hunter Biden

>> No.19103216

>>19103188
I know. Thats just her portfolio listed. Her actual investment is at the top. I was just pointing out how rich this bitch is

>> No.19103231

>>19103216
no, i mean none of these are her investments. it's the investment firm's. they list her for some reason because she's the canadian head of state. she has nothing to do with them.

>> No.19103244
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19103244

>>19103194
Does anyone know of any Canadian/American energy companies that could affect a merger this year? There could be more than one company involved but not likely.

>> No.19103257
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19103257

http://www.hgcinvest.com/wp-content/uploads/2020/05/HGC-Arb-Letter-April-2020-v5.pdf

HGC's April update lists explicitly that last month they
>thought to maintain high cash balances to potentially re-buy in the case of another large pullback or to participate in a slate of very promising IPOs
If they're invested in this in May, does that mean they see this as very promising?

>> No.19103274

>>19103231
Well she might not have something to do with them, but because her name is prefaced in the subject line. That makes one infer that a royal factor is managing her investments for her for the most part. Sort of what happens when your net wealth is the monarchy of the oldest kingdom in the world.

>> No.19103303

>>19103257
Maybe in a month. They might just let it right it out until summer and then we will get a pr

>> No.19103309

>>19103244
>>19102919
>>19102658
>>19102627
First, I doubt it is weed. From what I initially assumed I thought their names would be descriptive of their sector if its flying (airlines, drones, uav equipment, or support tech). I doubt its a Canadian energy company since Canadian energy is in the shitter and I assumed that most if not all canadian energy companies are publicly traded.

>> No.19103336
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19103336

>>19103309
Regardless a firm that is bullish on energy IPO seems to be the largest interest in this spac.

>> No.19103383

>>19099038
Do the shares transfer? Is it like a normal buyout of something?

>> No.19103433

>>19103383
Shares from the effective merging company (feac) and the private company going public (xyz) the ratio will typically be announced upon an agreement.

Its always usually 1:1 or close to that.

>> No.19103437

>>19103336
What other canadian energy companies are there outside of oil? Renewables, Nuclear?

>> No.19103479

>>19101100
>>19101533
>>19102688
>>19103188
>>19103244
>>19103433

Nice digits in this thread. Keep this stock on your watchlist. Something good will come your way! Just call me spac anon or feac anon ill be around.

>> No.19103492

>>19103437
Nuclear is a big thing coming up with generation 4 nuclear reactors about to come out.

>> No.19103535

>>19103492
But do the canadians even use nuclear reactors?

>> No.19103553

>>19103535
Nah they use whale blubber and moose fat.

>> No.19103578

>>19103309
Maybe it doesn't have to be a Canadian energy company. It Could be an energy company that works with Canada in some capacity?

Idk I am not a sector subject matter expert

>> No.19103630

>>19103535
Yeah they got three and are removing some old ones.

They might build some of the new gen 4 ones. Gen 4 consumes nuclear waste components.

Could be operational 5-10 years.

>> No.19103800
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19103800

>>19103080

>> No.19103807

>>19103433
Okay I see. And so if they don’t merge with anyone we get our money back?

I read a bit and that’s what it sounds like?

>> No.19103812

>>19096789
Based

>> No.19103850

>>19103800
Interesting I've heard of this acquisition before it was PnD by a guy on twitter. Repay is the name of the company and was a vertically integrated financial tech company.

>> No.19103864

Whats your guys take on Fin-tech it seems to good to be true and honestly like a scam.

>> No.19103913

>>19103864
What’s Fin-Tech? You mean the industry?

>> No.19103920

>>19103864
Ill put it on my spac watch list and look into it.

Probably make a SPAC general once a day with the link to previous thread and going SPACs. If it gets any traction ill continue it.

>> No.19103934

>>19103913
Yeah fin-tech as in the financial tech industry.

>> No.19103939

>>19103913
Financial Tech industry.....

>> No.19104113

>>19103920
Whats your portfolio?

>> No.19104189
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19104189

>>19104113
I started in February with 600$

>> No.19104208

>>19104189
Am I gonna make it anon?