so a SPAC is like a company that exists solely to merge with another company, one of the things about them that makes them good for potential free money is they can't go much below around $10 (for reasons i can't be bothered to type but you can look into it yourself).

anyway there's one called UTAA which is heavily rumoured to merge with OnlyFans and since the stock market runs entirely on memes and vibes these days, if that rumour turns out to be true you can probably expect a pretty decent price jump on the news (maybe, nothing is for sure these days).

you can browse the Stocktwits board for info on why people think it's gonna be OF - https://stocktwits.com/symbol/UTAA (though that site is a cesspit of finance bro types so cw for misogyny and general dipshittery)

the price is as low as it's likely to really go right now (give or take 1% or so, look at the price history you can see it has never gone much below $10 for SPAC reasons) and if it turns out not to be OF then no harm done. as long as you sell before the merger (which is when the price floor goes and is forecasted way ahead of time, follow the ST board for this info) then it's basically like buying a bunch of lottery tickets except you get the money back if they don't win.

up to you of course!!! i've got £2k of my tax money for the year in there myself. if price hits even 15 for example that's £1k return, and previous 'big name' SPACs have gone to 50, 70, 100+ (though that was back a year or two ago before the economy started to generally collapse). DWAC for example, the one that will take public Trumps social media platform (lmao) peaked over $150 and is now at $44 if you want an example of how dumb and irrational the market can be for these things.

(note: i benefit in absolutely no way from anyone doing this and don't really care if you do or not just thought i'd share the tip)