Have a look at Romeo Power, whose SP went splat this week from terrible earnings, completely missing their own projections when they went public through a SPAC.

They did not secure a long term supply contract until just recently, and that translated into nearly 0 revenue. Poof, valuation disappeared.

POET will become a billion dollar company when we have the contracts announced, but before that, let's not be impatient because pumping the stock too much only for it to miss expectations would only hurt the company and new investors.

I trust that TM knows what he's doing, and the destruction of these SPACs post merger proves that the only sustainable way to build shareholder value is through actual business progress.