Silver Crest Acquisition Corporation SLCR
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They cancel the deal you get 10$.
They do the deal on the 28th and your holding shares in a super low float profitable company.
$LKNCY $SLCR Which China coffee stock a better risk and return bet for NEW money: Luckin vs Tim Horton SLCR?
Luckin has more locations, low cost model, 100% chinese company; but scandal taint and uncertainty regarding release of financials and other mess clean up. Tim Horton China has more upscale brand image, more room to grow locations, Asia private equity backing, Chinese mgmt team, Burger King China experience, and according to SPAC Investor presentation its Americano and Latte are roughly 5% cheaper than Luckin and its company stores are already have positive adjusted ebitda; but uncertainty whether China will approve SPAC and USA listing.
