PaySafe Stock is an iGaming Growth Play After the SPAC Sell-Off

Global integrated payments platform and digital wallet Paysafe (NYSE: PSFE) stock recently started trading under its new symbol on March 31, 2021. The Company is a reverse merged business combination from special purpose acquisition company (SPAC) formerly known as Foley Trasimene Acquisition Corp. II (BFT) operated by iconic investor Bill Foley. While 2020 was the year of the SPAC explosion, 2021 has been the year of the SPAC implosion as the glut of supply and shareholder dilution triggered a migration out of these overhyped vehicles. When SPACs complete the business combination to trade under the new symbol, the underlying stocks tend to experience up to (-50%) initial sell-offs that can last from three to eight or more days…

 


On the FIRST of May 2021 unSPAC PREMIUN resources will be available.

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  • INSIDE REPORTS on target companies and future mergers and acquisitions.
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