ok. spent the past couple hours reading SEC filings and I think I can simplify whats going on.....
if you're familiar with the recent billionaire SPAC craze, you should be familiar with Chimath and IPOB, IPOC, IPOD etc. Chimath owns those SPACS that later merges with a company and then Chimath owns a portion of the business combination. We can invest in IPOB, IPOC, IPOD etc but we can't invest in Chimath...."The Sponsor"$LM Funding
is playing the role of Chimath...."The Sponsor". $LMF Acquisition Opportunities Inc
is playing the role of the SPAC company. LMAOU Will merge as a SPAC and $LM Funding
will own a portion of that combination.
And just like Chimath creates another IPOB, IPOC, IPOD....LMAOU after it merges will do another like LMAO2, LMAO3 so on an so forth with $LM Funding
owning a piece of each combination
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