BIT BUT BARRY ENGLE WHO IS
THE 4 OR HEAD OF GM NORTH
AMERICA LAUNCHED HIS SPECK A
SINGLE PURPOSE ACQUISITION CORP
ON THE NASDAQ
LAST WEEK SPECIAL PURPOSE
ACQUISITION CORPORATION SAY ON
THE NASDAQ LAST WEEK UNDER THE
TICKER SYMBOL Q E L L YOU AND
THE BLANK CHECK COMPANY QUELL
ACQUISITION RAISED 380 MILLION
DOLLARS IN ITS INITIAL PUBLIC
OFFERING AND HAD ITS FOCUS SET
ON NEXT GENERATION MOBILITY
TRANSPORTATION AND SUSTAINABLE
INDUSTRY
TECHNOLOGY SECTORS. BARRY ENGLE
WHO IS THE FOUNDER AND CEO OF
PROPOSITION JOINS
US NOW VERY GREAT TO HAVE YOU
HERE AND THANKS FOR TAKING THE
TIME WE'VE SEEN MANY COMPANIES
GO PUBLIC THROUGH AN IPO IN
RECENT WEEKS BUT WHAT DO SPECS
OFFER AND WHY ARE THE EMERGING
AS THE SOLUTION TO MOVE AHEAD.
THE NEXT GENERATION OF
MOBILITY.
>> YOU KNOW SPECKS OF AS A REAL
VIABLE ALTERNATIVE FOR
ENTREPRENEURS AND AND COMPANIES
ARE TRYING TO RAISE GROWTH CAP.
HISTORICALLY THESE COMPANIES
HAD A CHOICE TO EITHER TAKEN
PRIVATE EQUITY OR FOR A SMALL
SUBSET OF THOSE TO BE ABLE TO
DO AN IPO
AND NOW WE HAVE IS A VERY
VIABLE ALTERNATIVE. THE SPECTER
OUT.
>> AND SO AS WE'RE KIND OF
THINKING ABOUT HOW MANY
COMPANIES COULD EXERCISE THIS
GOING FORWARD VERSUS THE
TRADITIONAL LISTING VS A
DIRECT LISTING WAS THERE
ANY DATA TO SUGGEST ONE OPTION
IS BETTER THAN THE OTHER
ESPECIALLY THIS EARLY ON.
>> YOU KNOW IT REALLY DEPENDS
ON THE COMPANY AND WHAT THEY'RE
TRYING TO ACCOMPLISH I WILL SAY
THAT IMPROVES THE VOLATILITY
LIKE WE'RE
SEEING NOW.
>> THE SUSPECT BECOMES AN
EXCELLENT ALTERNATIVE IT'S A
FASTER ROUTE
TO MARKET.
>> AND BECAUSE OF THE NATURE OF
THE SPEKTR ABLE TO TO AGREE
WITH THE
TARGET COMPANY. IN ADVANCE WHAT
THE PRICES AND SO IN CONTRAST
WITH THE TRADITIONAL LIKE YOU
KNOW WHERE DEPENDING ON THE DAY
LOSS MAY BE A LUCKY MAYBE IT'S
A BIT IN THE MARKET ALL OF THAT
UNCERTAINTY CAN BE WITH
US BACK AND THE ACQUIRED
COMPANY HAS CERTAINLY IN
ADVANCE OF WHAT THE TRANSACTION
WAS
WILL BE.
>> OK AND SO JUST SO I
UNDERSTAND THIS CORRECTLY AND
PERHAPS FOR THAT PATIENT.
MANY VIEWERS
AS WELL WHEN YOU'VE GOT THE
FUND THAT IS ALREADY SET UP
YOU'VE GOT MANY INVESTORS
PERHAPS THAT CONTRIBUTE TO THE
OVERALL NUMBER AND THEN THAT
COMPANY GOES PUBLIC. BUT THEN
ADDITIONALLY THOSE INVESTORS
ARE LOOKING FOR A RETURN ON
WHAT THEY'VE PUT INTO THIS
BROADER POT ARE THERE ANY
DIFFERENT IS THERE A DIFFERENCE
IN THE LOCKUP OR THE EXPIRATION
AS TO WHEN THEY CAN CASH OUT OF
THE OVERALL ENTITY.
>> THE LACK OF REALLY PERTAINS
TO THE. TO THE INDIVIDUAL
INVESTORS AND THE
PEOPLE THERE ARE THERE THE
SPONSORS OF THIS
THE THE ORIGINAL INVESTORS IN
THIS BACK HAVE THE OPPORTUNITY
IF ANY POINT ALONG THE WAY TO
REDEEM
THEIR SHARES INTO TO BE ABLE TO
TO BECOME
A LIQUID.
>> ABSOLUTELY OK SO TELL US
ABOUT SOME OF THE COMPANIES
THAT YOU PARTICULARLY LOOKING
ACTOR WHO WHO CAUGHT YOUR EYE
WHO CATCHES YOUR EYE RIGHT NOW.
>> SURE WE KNOW THE
THE SECTOR.
>> WE'RE FOCUSED ON THE ONES
YOU NEXT GENERAL ABILITY
TRANSPORTATION AND THE
TECHNOLOGIES IT'S A REALLY
EXCITING TIME IN IN
THESE SPACES.
>> THESE ARE ALL BIG GLOBAL
MARKETS THAT ARE BEING
TRANSFORMED BY DISRUPTIVE
TECHNOLOGIES AND SO. OR THAT
THE FOCUS OF
OUR TEAM IS IS ON COMPANIES IN
THESE SPACES THAT ARE. THEY'RE
ROLLING THE HAVE WINNING
TECHNOLOGIES
AND HAVE THE TO TO TAKE
ADVANTAGE OF SOME OF THESE
LARGE SECULAR TRENDS PRIMARY,
THE MOVEMENT AWAY FROM INTERNAL
COMBUSTION ENGINE. TOWARDS
ELECTRIC VEHICLES. AND IT'S A
MAJOR THEME IN A MAJOR TREND
AND THAT OPENS UP A LOT
OF OPPORTUNITY AS FOR FOR
TECHNOLOGIES, THE PLAN ON THOSE
THEMES AND THOSE TRENDS AND
THOSE ARE THE KIND OF
OPPORTUNITIES THAT WE'RE
FOCUSED ON.
>> ANY SPECIFIC OPPORTUNITIES
COMPANIES THAT WE WOULD PERHAPS
RECOGNIZE.
>> THE WAY THE THIS PATCHWORK
YOU'RE NOT ALLOWED
TO ACT CLEAN GAUGE DIRECTLY
WITH WITH ANY POTENTIAL CARD
COMPANIES UNTIL AFTER YOU'RE IN
THE MARKET
WE JUST SAW ON FRIDAY CLOSED OR
TRANSACTIONS ONLY NOW ARE WE
BEGINNING TO HAVE THOSE DIRECT
CONVERSATIONS WITH COMPANIES.
>> THEREFORE OF COURSE IS SLOW
EARLY THAT TO TALK ABOUT ANY
SPECIFIC COMPANIES BUT WE'RE
VERY EXCITED BY THE COMPANIES
THAT WE SEE IN THIS SPACE.
>> UNDER SAID WELL WE'LL HAVE
TO HAVE YOU BACK TO TALK ABOUT
SOME OF THE SPECIFIC COMPANIES
ONCE ONCE TALKS MOVE FURTHER
DOWN THE LINE
AS WELL AND AS YOU THINK ABOUT
BROADER TRENDS AND SECTORS THAT
YOU ARE LOOKING TOWARDS AS WE
THINK ABOUT WHAT THE FUTURE OF
MOBILITY COULD LOOK LIKE IS
THERE ONE PARTICULAR UNDERLYING
THEME THAT YOU THINK IS GOING
TO BE CORE TO ANY COMPANY THAT
YOU DO INVEST IN.
>> WE'RE REALLY LOOKING HERE
FOR 4 WINNING TECHNOLOGY.
IT'S THE DIFFERENTIATED VERSUS
OTHER OFFERINGS AND THEN
IN TURN.
>> WITH THOSE THOSE
TECHNOLOGIES THESE COMPANIES
WILL HAVE THE OPPORTUNITY TO
GROW.
>> AND IN
POST IN EXTRAORDINARY GIRLS HER
VERSUS THE MARKET AND VERSUS