DataTrack(@DataTracker87):Getty Images completed its SPAC merger in 2022, then refused to honor warrant exercises, citing unmet registration conditions. By the time exercises were permitted, shares had fallen below the $11.50 strike. Warrant holders sued and won. Now Getty is pursuing Chapter 11 and seeking to wipe out remaining warrant litigation claims. If successful, this could set a troubling precedent for SPAC warrant holders. Worth watching.

DataTrack

@DataTracker87

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

가입 February 2024

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DataTrack@DataTracker87

2026.10.30 12:36

Getty Images completed its SPAC merger in 2022, then refused to honor warrant exercises, citing unmet registration conditions. By the time exercises were permitted, shares had fallen below the $11.50 strike. Warrant holders sued and won. Now Getty is pursuing Chapter 11 and seeking to wipe out remaining warrant litigation claims. If successful, this could set a troubling precedent for SPAC warrant holders. Worth watching.