SilverBox and Black Rifle: Can a Veteran-Focused Coffee SPAC Turn a Profit?
Right around the time investors had their fill of SPAC stocks, along came Truth Social shell company Digital World Acquisition (NASDAQ: DWAC), and retail traders' moonshot SPAC-stock dreams were promptly revived.
After that rocket ride, Wall Street's on a desperate search for the next Digital World. Perhaps it could be SilverBox Engaged Merger Corp I (NASDAQ: SBEA), which is similar to Digital World in that it's also a shell company merging with a conservative-leaning, grassroots-ish business.
However, since the target company in question is a coffee shop chain, perhaps curious investors should make comparisons to the actual competition -- e.g., coffee behemoth Starbucks (NASDAQ: SBUX) -- rather than to Digital World.
Source Fool.com
