$Altimeter Growth Corp (AGC.US)$ Why is AGC trying to buy ba...
$Altimeter Growth Corp (AGC.US)$ Why is AGC trying to buy back shares at US$10 when market is x1.4 of that? Is there some reason?
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CookieBunny : Because they wanna get a good deal. lol
HOW88 : AGC will merge with grab.
71640176 : That is to offer the investor the opportunity to redeem their share rather than being the shareholder after the merger. This has nothing to do with the market price.
PermanentHeadDamage : This is all part of the de-SPAC / merger process. All SPACs must go thru this procedure, allowing existing shareholders to "opt out" if they don't agree to the merger by selling the shares back to the SPAC. If you believe in the potential of the company the SPAC is merging with, simply stay with the default option. No further action needed other than to HODL.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Water buffalo : The reason is to increase the float…after merger