How is a SPAC handled after conversion?
I am considering buying CCXI (Churchill Capital Corp XI) and holding it through the proposed merger with Agility Robotics. If the merger closes, will my CCXI Class A shares automatically be converted into the resulting Agility Robotics/public-company shares in my INDmoney US-stock account? Also, will fractional shares resulting from the corporate action be credited or liquidated for cash?