T2/Whitney Tilson

T2 Buying 100% of Warrants of Iridium

Iridium has a market cap of $609 mm and an EV of $698 mm; T2 Owns 9.3%.   Coincidently, when IRDM was being unloaded to the marketplace via a SPAC, I had looked at this name.  This opinion is obviously dated and I have no idea how the story might have changed since then – still here…

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