5 Best SPACs to Buy According to David Einhorn’s Greenlight Capital

4. FinServ Acquisition Corp. II (NASDAQ: FSRX)

FinServ Acquisition Corp. II (NASDAQ: FSRX) is a special purpose acquisition company based in New York. It is ranked fourth on our list of 10 best SPACs to buy according to David Einhorn’s Greenlight Capital. The firm went public in February this year, raising more than $300 million from the initial offering. It concentrates on mergers with companies working in the financial services and financial technology sectors. The CEO of the firm is Lee Einbinder. 

FinServ Acquisition Corp. II (NASDAQ: FSRX) has a market capitalization of over $370 million. The 52-week price range of the stock is between $9.6 and $10.4. In addition to mergers, the firm also explores capital stock exchange, asset acquisition, stock purchase, and reorganization of businesses. 

At the end of the first quarter of 2021, Greenlight Capital owned 315,000 shares in FinServ Acquisition Corp. II (NASDAQ: FSRX) worth $3.1 million. This represented 0.21% of the investment portfolio of Greenlight Capital.