Flying Eagle Acquisition Corp. (FEAC) Social Stream



Flying Eagle Acquisition Corp. (FEAC): $17.68

-0.32 (-1.78%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Featured Post From StockTwits About FEAC

$FEAC PIPE investment for Skillz (FEAC) is $158.5 million (The PIPE shares) and is led by Wellington, Fidelity, Franklin Templeton, and Neuberger Berman. Andrew Paradise, Skillz CEO has mentioned in numerous interviews one of the reasons they went SPAC route instead of IPO is because they could partner with long term investment companies of their choosing, and he cited every single firm mentioned above as their long term investment partners. I would next expect those PIPE shares to be sold after merger based on this. Let me know if you disagree.
gafisherguy, published December 25, 2020

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