PSTH SPAC – Ackman’s grand return to the SPAC scene

Intro to PSTH SPAC’s emergence Legendary, yet controversial investor Bill Ackman debuted the world’s largest SPAC to date. Tontine Holdings (PSTH SPAC) debuted in July 2020, raising a record $4B. But what’s interesting is that Tontine offered 200 million units at $20 each, with an entirely new type of SPAC structure. Breaking the mold, PSTH […]