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This may not be of interest to you but passing it along in case you hadn't seen it. Today is the
first day you can request to separate your SPGSU units into shares and warrants. You have to do
this through your broker, and it takes a few days to complete. The advantage is you can sell your
shares and warrants separately. One scenario would be to sell the shares on a deal pop, but keep
the warrants as an option for further appreciation if the deal looks to be a long term winner. The
disadvantage is it takes some time for the broker to do the conversion, so for a few days you lose
your liquidity. After that you'll have two securities on your account -- shares and warrants --
that you can sell independently. Like I say, probably not of interest to you where it's purely
a cash proxy for you, but just in case.

On the OLO front, two very large, well-known investment managers just filed 13-Fs disclosing that
the one owns 16% of the shares and the other 15%. Both these managers have a fundamentals, value
orientation, and both have HUGE portfolios. The stakes are tiny in comparison to the size of their
overall portfolios, but larger than many of their other small company investments. From the OLO
perspective, it's unusual for me to see such large stakes by two independent managers.

I own both SPGSU and OLO.
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