2 Best SPACs to Buy Based on Jonathan Esfandi’s JNE Partners’ Latest Portfolio

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1. MSD Acquisition Corp. (NASDAQ:MSDA)

Esfandi’s Stake Value: $15,150,000

Percentage of Jonathan Esfandi’s 13F Portfolio: 11.11%

MSD Acquisition Corp. (NASDAQ: MSDA) does not have significant operations. It intends to affect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. MSD Acquisition Corp. (NASDAQ: MSDA) was incorporated in 2021 and is based in New York, New York.

This March, MSD Acquisition Corp. (NASDAQ: MSDA) announced the closing of its initial public offering of 57.5 million units at a price of $10.00 per unit, including 7.5 million units issued pursuant to the underwriters’ full exercise of the option to purchase additional units. Total gross proceeds from the offering were $575 million, before deducting underwriting discounts and commissions, and other offering expenses. The company’s units began trading on The Nasdaq Capital Market under the symbol “MSDAU” on March 25, 2021.

According to the latest filings, JNE Partners owned 1.5 million shares in the company by the end of June 2021 worth $15.15 million, representing 11.11% of the portfolio.

See also 10 Best EV SPACs to Buy Now and 10 Best SPACs to Buy According to Herb Wagner’s FinePoint Capital.

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