September 6, 2021
I'm writing in support of SR-NYSE-2021-45.
As a retail investor, a subscription warrant will allow us access to investing in companies that we otherwise wouldn't have access to without needing to tie up capital.
This model supports the ability for retail investors to more wisely invest their capital.
While SPACs provide retail investors access to many early-stage high growth companies, the speculative nature of the vehicle along with sponsor promote cut led to many unrealistic valuations.
Approving SR-NYSE-2021-45 will alleviate many of these concerns while still granting retail investor access to either high-growth early-stage companies or mature revenue-generating companies.
This rule change will further protect investors and further facilitate better allocation of capital.