Currently, most of the SPAC warrants are trading at a premium, barring few. One of the quality warrants still not-so-expensive is $SPNV (commons at $11.16, warrants at $2.27). Why $SPNV? As always, this one passed the eye test with flying colors.

They have an excellent leadership team + decent trust value ($400M) and looking for a "growth company that Benefits from Tech-enabled trends". Their team includes, (a) Spencer Rascoff (co-founded Zillow & Hotwire, on the board of directors of Palantir, Zillow, TripAdvisor etc.)

(b) Robert Reid (served as a Senior MD at Blackstone and on several public & private boards, such as, Scout24, SESAC and Nielsen) (c) Ken Fox (Founder of Stripes , a growth equity firm. Stripes current portfolio includes, GoFundMe, Snooze, Chewy's, Stella and many more)

(d) Damien Campbell (first Chief Diversity officer at Zoom, VP at eBay, Uber and a strategist at Google) (e) Jim Lanzone (CEO of Tinder, ex CDO of CBS Corp., served as a CEO of http://ask.com  etc.)

(f) Gregg Renfrew (founder of Beautycounter (CNBC 2020 disruptor 50 list, Fast Company’s Most Innovative Companies, Allure Best of Beauty, Glamour Beauty Awards, Refinery29 Innovators List, WWD’s 2019 Best-Performing Beauty Company , and the CEW’s 2019 Indie Brand of the Year)

(g) Rajeev Singh (CEO of Accolade, co-founder of Concur, on the board of Avalara and held positions at Ford & GM). $SPNV team is looking for growth companies that are well-positioned to benefit from thematic shifts and tech-enabled trends and are valued between approx. $1B-$5B

$SPNV warrants is trading at $2.27 and have a strong support at $2. Downside risk is ~14% (warrants can go to 0 though).