“Apple’s Upends Tech World with Steve Jobs’ Latest Brainchild: The Sable”

“Party’s Over, Startups: 2023 Proxy Season Brings Major Audit Aches and Lots of Homework”

TLDR:
– Tax authorities are cracking down on transfer pricing and profit shifting, requiring companies to ensure transparent practices and thorough documentation.
– The 2023 Proxy Season highlights the need for strong internal controls, particularly in areas such as revenue recognition, lease accounting, and equity accounting. Investing in upgrades to internal controls is increasingly popular.

The COGS Cops are coming! And no, this isn’t the premise for a new action-packed comedy about an elite force of accountants. It’s a stark warning to companies engaging in transfer pricing and complex multinational businesses. These guys mean business, and they’re out hunting for tax violators like a vegan searching for the last tofu burger in a barbecue.

The launch of their campaign is not some lighthearted PR stunt. It’s as serious as a heart attack, or a sudden audit. It’s a reminder that tax authorities are now sporting night vision goggles, actively seeking out those who play fast and loose with terms like ‘arm’s length’. They’re no longer turning a blind eye to profit shifting. In other words, it’s no longer a free-for-all at the international tax buffet.

Here’s some free advice: Check your transfer pricing practices. Ensure they’re as transparent as your grandma’s cellophane-wrapped cookies. And for goodness’ sake, document everything. It seems the era of corporate tax leniency has gone the way of the dodo and the dinosaur – extinct! So, you might want to invest in a good internal review or two, basically anything that can help spot potential issues and take corrective actions. Because these COGS Cops aren’t easily fooled, and they’re not known for their light touch.

Meanwhile, in a plot twist that surprises no one, the 2023 Proxy Season reporting has highlighted the need for a proper handle on internal controls. It’s not exactly party time for audit committee chairs or the CFOs and accounting teams facing the enormous task of fixing these issues. Let’s just say it’s like trying to undo the chaos caused by a toddler in a toy shop.

Leading the charge in the restatement stakes are the usual suspects – revenue recognition, lease accounting, and equity accounting. These areas are like the unholy trinity for IPO / SPAC startups. Investing in upgrades to internal controls over financial reporting is becoming more popular than a politician promising lower taxes.

More importantly, never underestimate the power of a well-crafted internal audit roadmap. It’s like a well-oiled compass in a world of financial fog. And in the midst of all this, remember that speed-to-market reporting can quickly go from enthralling to excruciating. We’ve learned this the hard way, through a series of unfortunate accounting events, failed audits, and resultant shattered dreams.

So, as we gallop towards the end of the year, prepare for some more fun and games. Expect more scrutiny from the SEC and an increased oversight from the PCAOB, especially as IPOs and SPACs mature. The million-dollar question is, will the business plans pan out or will they crumble like an overbaked financier cake? And will the funding and accounting keep up, or will they be left behind like a runner with a bad stitch? Only time will tell.

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“Nova Vision, Nova Pulsar Play Business-Combo Hard to Get, Push Deadline to October”

TLDR:
– Nova Vision Acquisition and Nova Pulsar have delayed their merger by one month to October 10th, allowing both companies to reassess risks and further polish their strategies.
– The delay is a strategic move that provides an opportunity for Nova Pulsar to prepare for the future and for Nova Vision Acquisition to evaluate potential risks before proceeding with the merger.

So, here we are again folks, with a business courtship that has more delays than a Friday evening cross-country flight. Singapore’s special purpose acquisition company, Nova Vision Acquisition, and their darlin’ Nova Pulsar have decided they need another month of wining and dining before they go steady. Ain’t love grand? They’ve moved the date of tying the knot to October 10th, which is a nice autumnal choice, I must say.

Nova Pulsar, being the chivalrous suitor it is, decided to throw around $51,124 (after we convert Singaporean dinero to good old Uncle Sam’s money) into Nova Vision’s trust account. This, my friends, is their version of sending a bouquet of roses, a promise to keep the porch light on for a little while longer. Nova Vision Acquisition, all dolled up and waiting, has gladly accepted this gesture and is keeping an open mind about this relationship.

Now, let’s be clear, these delays are not necessarily a sign of cold feet. Complex negotiations like these are more intricate than a Swiss watch, with legal and financial considerations that could give Einstein a headache. We’re talking about dotting the I’s, crossing the T’s, and probably triple-checking those Q’s because they’re just tricky like that. Haste makes waste, and nobody wants to end up with a lemon when they thought they were getting a Rolls-Royce.

But look at the bright side, people! They say patience is a virtue, and this delay allows both companies to take their sweet time, sip some tea, and rethink their strategies. For Nova Vision Acquisition, it’s a chance to reassess potential risks and further polish their approach. And for Nova Pulsar, it’s an opportunity to kick back, dial up the momentum, and prep for the future. In the world of mergers and acquisitions, time is money, and extra time can be a vault full of it.

So, like a suspenseful season finale, this delay in the Nova Vision Acquisition and Nova Pulsar combination has left us all on the edge of our seats. The extended deadline, however, isn’t a sign of defeat, but rather a pause for a deep breath before the plunge. It’s an intermission, a chance for us all to grab some popcorn, settle back, and watch the behind-the-scenes workings of this potential blockbuster deal.

While we wait for the curtain to rise on the next act, let’s not forget that these kinds of combinations aren’t as easy as pie. They’re more like a gourmet soufflé—requiring precision, timing, and a whole lot of patience. So, the next time you’re antsy about a business delay, just remember: Rome wasn’t built in a day, or even a month. And in this case, our corporate architects, Nova Vision Acquisition and Nova Pulsar, are still toiling away, laying the bricks for their shared vision, one carefully planned step at a time.

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Apple Airship AI: Because Nobody Asked for a Flying Smartphone, But Here We Are Anyway

TLDR:
– Apple has revealed their latest creation, the Apple Airship AI, a tech-savvy flying machine that adapts to passenger preferences and prioritizes sustainability.
– The potential of the Airship AI is vast, from luxury travel experiences to efficient cargo transportation, and it will also offer super-fast Wi-Fi connectivity for passengers to maintain their digital lives while on the move.

Well folks, it seems that Apple has finally done it. They’ve pulled back the curtains and revealed the future of transportation, and surprise, surprise, it’s not a flying car. No, that would be too ordinary for the tech giant known for revolutionizing just about everything it touches. Instead, they’ve given us a glimpse of their latest creation, the Apple Airship AI. A flying machine so advanced that it can practically make you a cup of coffee while navigating the skies.

Now, this isn’t just any old airship. It’s an Apple airship, which means it’s probably more tech-savvy than most of us. The Airship AI is designed to adapt to each passenger’s preferences, remembering your seat choice and even anticipating your in-flight needs. Can you imagine that? A machine anticipating your needs better than your significant other. But don’t worry, I’m sure there’s still some room for human error.

On the topic of efficiency, the Airship AI is committed to making our transport a little less harsh on Mother Nature. Harnessing solar and wind energy, Apple’s airship is a testament to the company’s dedication to sustainability. Now we can feel a little less guilty about our carbon footprint while enjoying panoramic views from the comfort of our personalized seats. Here’s to hoping they’ve also figured out a way to make the in-flight meals a bit more palatable.

Now, let’s talk about the potential of this sky-hovering wonder. From luxury travel experiences to efficient cargo transportation, Apple’s latest creation could shake things up in a number of industries. Imagine world leaders discussing global issues while hovering above the clouds. Or, healthcare providers delivering vital services to remote areas. That’s right folks, your next doctor’s appointment could be in the sky.

And as an Apple innovation, let’s not forget connectivity. The Airship AI will reportedly be equipped with super-fast Wi-Fi, allowing passengers to maintain their digital lives while on the move. From emailing to streaming movies or even attending virtual meetings, the Apple Airship AI is the epitome of a mobile hub. It seems that we’re about to redefine ‘working from home’ too.

With its sleek, minimalist design, the Airship AI is not just a tech marvel but also a work of art. It’s just like Apple to make us feel like we’re living in a sci-fi movie. If this is the future they’re promising us, sign me up.

So there you have it, folks. Another day, another groundbreaking innovation from Apple. An airship that could potentially revolutionize travel and various industries. The skies will soon be filled with these AI-driven, energy-efficient, elegantly designed airships. And as we eagerly await the official launch, one thing is certain, Apple’s innovation train (or should we say airship?) shows no signs of slowing down.

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“Billion Dollar Baby: Abpro Swipes Left on IPO’s 6 Years Later for a Juicier Licensing Affair”

TLDR:
1. Abpro and Atlantic Coastal Acquisition Corp. merge in a deal worth $725 million, allowing Abpro to accelerate its growth and develop innovative cancer treatments.
2. Abpro’s groundbreaking antibody technology positions it as a superhero in the fight against HER2+ cancer, garnering excitement and anticipation for its next steps in the industry.

So, here’s a little business tale for you. Once upon a time in the land of biotech, a company named Abpro had dreams of grandeur, dreams of going public through an IPO. Bold, audacious, with a glint in its corporate eye, it was ready to take the Wall Street bull by the horns. But alas, like a teenage romance, it was not to be. The company withdrew its IPO plans quicker than a cat on a hot tin roof, leaving many puzzled and scratching their heads. But did Abpro wallow in its own self-pity? Heck, no. It dusted off its corporate suit, straightened its tie and said, “We shall merge.”

Turns out, Abpro found a new dance partner in Atlantic Coastal Acquisition Corp., a SPAC company with an exciting name as a beach resort. They decided to tango together in a merger, a deal that values our plucky protagonist Abpro at a cool $725 million. That’s right, folks, $725 million. That’s enough to buy an island, or at least a nice house in San Francisco.

And what’s Abpro’s claim to fame, you ask? Well, it’s not just another pretty biotech face. Its claim to fame is its groundbreaking antibody technology, aimed at developing T-cell engagers for the fight against HER2+ cancer. I know, it sounds like something out of a science-fiction movie, but it’s as real as the plastic on your credit card. If cancer were a villain, Abpro would be the superhero, armed with its antibody shield and T-cell sword.

The merger is more than just a corporate prenup; it’s a stepping stone to the big, wide world of cancer treatment. With the necessary capital now in their pocket, Abpro is chomping at the bit to accelerate its growth and bring innovative treatments to the world. Because, you know, nothing says “we care” like a mega merger and a mission to revolutionize an entire industry.

Now, industry observers are like excited kids on Christmas Eve, eagerly awaiting Abpro’s next steps. Will they deliver the goods? Or will they be another corporate Santa story? Only time will tell. But if you’re looking for a company that combines guts, glory, and antibodies, Abpro is your ticket. Just remember, in the world of business, it’s not the size of the merger that matters, it’s how you use it.

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“Green Tech Startups & SPACs: A Marriage of Convenience or a Rocky Road to Sustainability?”

TLDR:
1. Green tech and SPACs have a passionate relationship, but both face potential risks and challenges, including competition, ownership dilution, and inadequate due diligence.
2. Investing in green tech and SPACs can be a thrilling and potentially profitable venture, but it requires careful navigation and awareness of the risks involved.

Well, folks, we’re back in the uncanny valley where green technology and SPACs are having a passionate affair. Apparently, they’ve found in each other a mutual admiration for quick IPOs, flexible valuations, and free, unsolicited expert advice. Now, isn’t that sweet? Nothing says “I love you” like the promise of quick liquidity. But, as with all passionate love affairs, there’s likely to be a fair share of heartbreak down the line.

Now, the green tech market isn’t a walk in the park. It’s more like a stroll through a jungle filled with unseen predators. You’ve got competition at every corner, and survival isn’t guaranteed. But hey, isn’t the promise of potential doom part of the thrill? Not all these green-eyed startups will make it, but those that do might just change the world. Or at least, their bank accounts.

But wait, there’s more! SPAC deals, like an over-enthusiastic puppy, come with their own set of, ahem, ‘challenges.’ There’s the lovely prospect of ownership dilution, which is a bit like sharing your favorite ice cream with everyone else. Then there’s the limited due diligence, because who needs to double-check things when you’re in such a rush? It’s a bit like buying a used car based solely on the color.

So, for all the daring investors out there looking to ride this green wave, tread lightly. Like walking on thin ice, or better yet, a high-wire without a net. The tightrope between your objectives and potential profits is thinner than a politician’s promise. And remember, saving the planet was never going to be a walk in the park.

But, of course, there’s always the promise of green tech and SPACs. They are standing steadfast, despite the market showing signs of a cold. But then again, didn’t we all get a bit feverish with the SPAC craze? It’s a complex dance between potential and pitfalls, as with most things in life. But, investing in green tech can fall victim to the same issues plaguing other SPAC players. You know, the usual suspects: overvaluation, inadequate due diligence, and a dash of regulatory scrutiny. It’s like a 3-course meal of risks.

In the end, it’s a wild ride, this green tech and SPAC business. But hey, what’s life without a little excitement? And who knows? Maybe this time, we will indeed save the planet, and make a tidy profit while we’re at it. Just remember to buckle up. It’s going to be bumpy.

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“Silicon Meets Seraphic: Tech World Gets a Chip on its Shoulder as Geniuses Unite in Bold Power Play”

TLDR:
– The constant acquisitions in the technology industry indicate a rapidly changing corporate landscape.
– The unpredictability of the industry provides excitement and plot twists akin to a mystery novel.

Well folks, it’s another day in the land of business, and surprise surprise, we’ve got another acquisition to talk about. You’d think these companies were playing a game of monopoly, scooping up little firms like they’re Park Place and Boardwalk. But it’s not all fun and games. Oh no, this acquisition is seemingly another harbinger of the future, a signal flashing in neon lights, “Change is a-coming!” So, buckle up your seat belts, folks, we’re heading into uncharted territory.

This business hullabaloo is proof, if you needed any, that the corporate world is as fluid as a three-dollar margarita on a Tuesday night. You never quite know what’s going to happen next. And for those of us who enjoy a good mystery novel, this constant evolution in the technology industry provides all the unpredictable plot twists we could ever want.

Now, let’s talk about this technology industry for a second. Apparently, it’s about to take more twists and turns than a roller coaster at Six Flags. They’re telling us to get ready for an exciting new chapter. As if the previous chapters in the saga of tech weren’t enough to send us into cardiac arrest! But hey, who are we to complain? We’re just the humble spectators watching this high-stakes game unfold.

Now, you’d think with all this change, things might get a bit confusing. But don’t you worry, there’s a free newsletter to keep you informed. Because if there’s one thing we need in this world, it’s more newsletters clogging up our inboxes. I mean, who doesn’t love waking up to a flurry of corporate news alongside their morning coffee?

So, there you have it. Another day, another acquisition. Another twist in the never-ending saga of the technology industry. But don’t worry, the show’s not over yet. There’s plenty more to come. And isn’t that just the way of the world? Just when you think you’ve got it all figured out, they change the rules on you. So hold onto your hats, folks, because we’re in for a wild ride. And remember, in the world of business, the only constant is change. Let’s just hope the next change doesn’t involve us all becoming robots.

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Phish Pulls Out All Stops in Epic Flood Recovery Gig, Complete with Surprise Derek Trucks Jam Sesh

TLDR:
– Phish performed a flood relief fundraiser concert with surprise guests and stunning performances, showcasing their musical talent and commitment to making a difference.
– The concert raised funds for the Water Wheel Foundation’s Flood Recovery Fund, highlighting the band’s dedication to contributing to a good cause through their music.

In a delightful twist of events that only seems to happen in rock ‘n’ roll fairy tales, the legendary jam band Phish took to the stage for a flood relief fundraiser. This wasn’t just any old charity gig, let me tell you. This show was a cornucopia of surprises and stunning performances, coupled with the lofty aim of raising funds for a noble cause. They started off with a robust rendition of “Free” that seamlessly interwove improvisation with the song’s basic framework. After a riveting but edgy jam with “Wolfman’s Brother”, they plunged into fan favorite “Maze”. The song’s journey was even more thrilling, reaching its zenith with Trey’s disconcertingly discordant guitar solo.

But wait, we’re just getting warmed up here. The band then transitioned into the new composition “Sigma Oasis”, showcasing a different side of Phish. The following modal jam flew to celestial heights before softly descending back to terra firma with the calming tones of “Pillow Jets”. After tiptoeing into unfamiliar terrain with “Tube”, they comfortably settled into a mesmerizing 10 minute “Twist”. The second set opened with a blast of energy as Mike’s bass rang out like a funky rubber band, introducing the audience to “Down With Disease”. It was the first song of the night to venture into the unchartered realm of Type 2, flowing seamlessly into an uptempo version of “Ghost”.

The plot thickened when acclaimed guitarist Derek Trucks joined the band for the largest sit-down in Phish’s illustrious history. Their collaborative performance on ‘Everything’s Right’ was nothing short of a sonic miracle that lasted 16 minutes. Trucks’ soulful slide guitar added a country edge to “Life Beyond a Dream”, giving the introspective ballad a dynamic control reminiscent of a pedal steel. His harmonies on “First Tube” added new shades and texture to the song, transforming it from a straight-up rock anthem into a Bach-inspired masterpiece.

The night was capped off with an encore of “Possum”, accompanied by Trucks’ slide guitar. This mesmerizing night will be etched in Phish history as one of the largest sit-ins ever. But let’s not forget the real cause here folks. The profits from the live streaming of the concert went to the Water Wheel Foundation’s Flood Recovery Fund, benefiting those affected by the floods. The concert truly underscored the band’s commitment to making a difference through their music.

In the end, the night was not just about the music—it was about the beauty of collaboration, the power of music to bring people together, and the importance of contributing to a good cause. What a way for Phish to once again prove why they are one of the most respected and influential bands of our time. Let’s just hope their prowess in jamming and fundraising can somehow solve the world’s problems, one funky bass line at a time.

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Underdogs FTAC Emerald Hope to Shake Up Tech Scene with Eco-Friendly SPAC Merge

TLDR:
– FTAC Emerald is a special purpose acquisition company (SPAC) focused on merging with eco-friendly, high-growth tech companies.
– They have a team of industry experts, are committed to sustainability, and their entrance into the SPAC space highlights the significance of these financing options.

Ladies and Gentlemen, gather around. Let me introduce you to the new kid on the block, FTAC Emerald. Now, this isn’t your run-of-the-mill special purpose acquisition company (SPAC). No, they’ve got bigger fish to fry – technology companies with high growth potential. But, not just any high-growth tech companies. They’re on the hunt for ones that are eco-friendly because, apparently, the folks at FTAC Emerald believe that innovation and sustainability can be bedfellows. Who would’ve thought?

The team behind FTAC Emerald is a mixed bag of industry vets. They’ve got their fingers in all sorts of pies – technology, finance, entrepreneurship. They’re like a swiss army knife of business expertise, and they’re ready to use it to carve out a place in the technological world. Their aim? To change the way we view and interact with technology. Quite ambitious, if you ask me, but hey, who am I to judge?

Now, let’s talk about this ‘merger’ business. As it stands, the details are as confidential as your grandma’s secret pie recipe. But the mere idea of FTAC Emerald merging with a tech company is enough to set the imagination on fire. We’re talking artificial intelligence, virtual reality, renewable energy, sustainable infrastructures – the works. The phrase ‘endless possibilities’ doesn’t even begin to cover it.

FTAC Emerald also seems to have a thing for green innovation. You know, because it’s not enough to revolutionize the technology sector, they also want to save the planet while they’re at it. Quite the multitaskers, these folks. And their focus isn’t just on the companies they choose to merge with. They also have an eye on the business and technology landscapes, ensuring they’re at the forefront of any changes.

And let’s not forget about the importance of SPACs. These finance vehicles have become a popular alternative for companies looking to go public, offering a more streamlined process and greater flexibility than traditional IPOs. FTAC Emerald’s entrance into the SPAC space reinforces the significance of these financing options and highlights the trust placed in them by industry leaders.

In conclusion, FTAC Emerald’s debut in the tech world has everyone on the edge of their seats. With a team of industry pros, a commitment to sustainability, and a focus on high-growth tech companies, they’re ready to leave a lasting impression. And as we wait for news of a potential merger, one thing’s for sure: the future of technology is about to get a lot more exciting. So buckle up, folks, because the ride’s about to get interesting.

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Sued for SPACtacular Failure: Velodyne Lawsuit Targets Alleged SPAC Scammers and Makes for an Unsettling Ride

TLDR:
– SPACs are a popular investment game, but investors should approach them with caution and skepticism due to the risks involved.
– Regulatory scrutiny is increasing in the SPAC industry, and not all transactions lead to profitable outcomes, resembling a lottery ticket with uncertain results.

In the grand casino of investing, it appears we’ve found a new game folks are lining up to play: SPACs – Special Purpose Acquisition Companies. Now, if you’re getting visions of a golden goose laying billion-dollar eggs, I hate to break it to you, but it might just be a regular old farm bird with a coat of cheap gold spray paint.

Take the recent kerfuffle with Velodyne Lidar Inc. for example – a company known for its autonomous driving technology. They got all lovey-dovey with Graf Industrial Corp., a SPAC, and went public. The honeymoon ended quickly when they merged with Ouster Inc., another SPAC darling. Suddenly, a former shareholder’s crying foul, claiming he and others were duped into a shotgun wedding that enriched a select few while leaving the rest with a hangover.

This lawsuit is just one of many in Delaware’s Chancery Court, a fighting pit where M&A legal battles are more common than flies on a horse in August. But before we start casting stones at Velodyne and Graf Industrial, let’s pause and consider the risks involved. After all, transparency and accurate disclosure are the pillars of any good SPAC transaction. But in this case, investors might have been given a map to a treasure at the end of the rainbow that turned out to be a pot filled with nothing more than rusty pennies.

So, my humble advice? Approach these SPAC investments with caution and a healthy dose of skepticism. I’ll tell you what I tell my kids about fast food – it might look shiny and delicious on the outside, but you never know what kind of mystery meat you’re getting on the inside.

As the SPAC industry evolves and lawsuits continue to surface like bad jokes at an open mic night, regulatory scrutiny is bound to increase. Not all blank check transactions end up in bricks of gold at the end of the rainbow. Sometimes, all you find is a note saying, “Better luck next time, buckaroo.”

So, in the end, it’s a bit like buying a lottery ticket. You might strike it rich, but more often than not you’re just left with a worthless piece of paper and a slightly lighter wallet. Remember, it’s not the pot of gold, but the thrill of the hunt that keeps this game fun. So, tread carefully, have a good laugh, and may the odds be ever in your favor.

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Fast and Curious: VinFast’s EV Hype Train Leaves Station, Stock Soars Despite Tepid Car Reviews

TLDR:
– VinFast, a Vietnam-based electric vehicle company, saw its shares soar 830% after going public via a SPAC IPO, making it the third most valuable car company on paper.
– The surge in stock prices was due to a limited number of available shares causing an imbalance in supply and demand, rather than the company’s performance or sales figures.

Imagine this. You’re a new kid on the block, and on your first day, you topple the school’s big guns. That’s what VinFast, a Vietnam-based electric vehicle company, did when its shares soared a staggering 830% after going public via a SPAC IPO earlier this month. Despite modest sales figures and unfavorable reviews, VinFast was riding a financial high, making it the third most valuable car company on paper, only trailing Tesla and Toyota. Poor Ford and General Motors were left in the dust, wondering how the new kid got so popular so quickly.

But here’s the catch. The surge wasn’t because they had a shiny new line-up of vehicles or overwhelming sales. Oh no, they expect to sell a paltry 50,000 vehicles this year, and let’s just say the reviews of their cars wouldn’t be winning them any awards. MotorTrend kindly suggested they “return to sender.” VinFast’s success was not due to any spectacular performance but a limited number of available shares causing an imbalance in supply and demand. You see, the founder, Pham Nhat Vuong, holds 99% of VinFast, having issued a mere 1% of the shares to the public.

So, we have the float of just 7.2 million shares available for the public to trade, causing stock prices to skyrocket. It’s a bit like a rare coin gaining value because there aren’t enough of them to go around—a classic case of scarcity increasing value. But one mustn’t forget, the coin’s real value is only what someone is willing to pay for it.

Now, this is where it gets interesting. The stock, like any commodity with a low float, is prone to high volatility. And it’s also more susceptible to drastic price changes because it doesn’t take much buying or selling pressure to shift the scales. In fact, VinFast experienced a 26% fall Tuesday, and the stock could continue its downward spiral as more shares enter the market. This is especially likely with several lockup agreements with insiders and the SPAC sponsor set to expire, which would result in selling off millions of shares.

And let’s not forget VinFast’s expansion plans. They need fuel to power their journey into the US market, and by fuel, I mean cold hard cash. The company had reported having about $160 million at the end of March, so they might just be tempted to take advantage of the recent spike in their stock by selling shares at current prices.

Short-seller Jim Chanos, however, isn’t biting the VinFast bait. He labeled it a “$200 billion meme stock,” suggesting VinFast’s luck would run out before they hit 40K units. But given the low float and high volatility, it seems unlikely that short-sellers are queuing up to bet against the company just yet. So, for now, it seems VinFast is enjoying its time in the sun. But as we all know, the weather can change pretty quickly on Wall Street. Only time will tell if VinFast is a one-hit-wonder or if it has the stamina to run with the big dogs.

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