The analyst expresses a long-term bullish thesis on CCXI based on Agility and humanoids, suggesting to wait for redemption outcomes or S4 before buying the de-SPAC below NAV.
Long term thesis with Agility and humanoids; caution about SPAC structures; suggests waiting for redemption outcomes/S4 then buying below NAV.
It's definitely a concern, SPAC structures are a key reason I don't participate in 99.9% of them. With $CCXI, it's just all about a long term thesis with Agility and humanoids. Otherwise, you'd wanna wait out the redemption outcomes / S4, then grab the de-spac in the open market below NAV.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -2.2% | -2.1% |
| 1 week | -9.1% | -9.2% |
| 1 month | -19.8% | -19.1% |
| 3 months | — | — |
| 6 months | — | — |