DataTrack(@DataTracker87):Spring Valley Acquisition V charging $75,000/month for office space, utilities, and secretarial and administrative support is the most egregious administrative fee I've ever seen in a SPAC filing. That's $900,000 annually paid to the sponsor. For context, $10,000/month has historically been common.

DataTrack

@DataTracker87

Data Engineer. Python & SQL. Small/Micro Cap Special Situations. SPAC Secondary Markets. Capital Management. Not investment advice.

Joined February 2024

105 Following 532 Followers

DataTrack@DataTracker87

2026.10.14 18:38

Spring Valley Acquisition V charging $75,000/month for office space, utilities, and secretarial and administrative support is the most egregious administrative fee I've ever seen in a SPAC filing. That's $900,000 annually paid to the sponsor. For context, $10,000/month has historically been common.