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The Anti-Legal Page

This page discusses our attitudes about the truth, privacy, and right and wrong. And it has some of the standard terms and conditions you know and love.

The Law is not always just.

It's always been a wild and wooly world out there.

Sometime around 2008, the definition of "the truth" got fuzzy. It's only gotten worse.

The entertaining Matt Levine explained how "Everything is Security Fraud" in 2019 and reminded us that "Everything is Still Security Fraud" in 2021.

SPACvest is produced to help educate, entertain, and update people curious about newly public companies, finance, and investments. You should think about us as a "financial media company."

Everything here should be taken with many grains of your thoughtful research and analysis. We are not investment advisors, brokers, bankers, lawyers, or accountants.

We strive for accuracy, but there are no guarantees, and time is limited. It's hard to be 100% sure of anything.

This site is a business; the revenue is used to pay people with lives to live and families to care for. Please respect that and note that the material here is copyrighted, which means there are pretty substantial (and hard to weasel out of) penalties for violating those copyrights.

We value your privacy and can keep secrets if we have to. However, if you tell us a secret we already know or heard from somebody else, it doesn't count. We rarely agree to NDAs but have done so in the past if we can be sure that it is reasonable.

There are more "standard terms and conditions" below, but we also try to remember a rule one of my IBM managers told me: "if it seems or feels wrong, then it probably is wrong."


SPACvest values and protects your privacy. All information shared with SPACvest will be treated with care. SPACvest does not rent, sell, or disclose personal data without express permission. We use reasonable measures (technical, administrative, and physical) to protect information from unauthorized access and use.

SPACvest sends emails to members regularly as part of the services offered for each membership level. Members may opt out of these email communications using the unsubscribe link at the email's bottom.  Some SPACvest subscribers elect to receive SMS messages. These are opt-in and can be ended anytime by texting STOP in reply.

Terms of Sale & Refunds

SPACvest is a membership-based service that includes free and paid options. Depending on your needs, these come in different sizes and can be paid monthly or annually.

SPACvest does not offer free trials. However, by signing up for our free newsletter, you'll get a very good idea of the information we provide.

We want our clients to be happy, so if the service proves to be a disappointment, clients may contact us and receive a full or partial refund depending on the circumstances.

Pricing of Products and Services

Memberships are priced and delivered as a membership subscription. These memberships and their subscription rates are provided on our website. SPACvest may also offer products and services, like individual reports and events, as discrete purchases.

From time to time SPACvest makes special offerings like customized research or advisory services available to members under revised terms and conditions. Investment banks or other financial institutions sometimes require "library access" that enables content to be shared with other members of their organizations. We offer these on an ad-hoc basis.

Content Use

Materials may not be reproduced, distributed, disseminated, republished, sold, offered for sale, rebroadcast, forwarded, or circulated beyond the member or named user. Members may view, print and make copies of material for personal use. Members may not share their credentials with anyone else to give them access to the site. Please do not violate our copyrights and the terms of this agreement. This is our livelihood we are talking about here.

We encourage fair use whereby a small portion of our content is used with citation and attribution. Links back to the full content or our website should be included.

SPACvest offers multiple copy discounts, and individual reprint/distribution arrangements can be made by special request.


SPACvest is not a securities broker/dealer, investment bank, or registered investment advisor. We do not make investment recommendations of any kind. Our content, research, and analysis are intended for informational purposes only, and our conclusions are made out of a spirit of intellectual rigor, not as solicitations or calls to action.

Judging or evaluating any investment without considering investment objectives, an asset allocation plan, risk management methods, and an overall portfolio strategy is impossible. Active risk management and risk/return thresholds are as crucial as absolute return possibilities.

SPACvest employees may have investments in areas or companies that we analyze and write about. SPACvest generally undertakes to disclose any current affiliations, relationships, or related interests. However, we are not obligated to do so or update any prior disclosures. SPACvest puts clients first and never intentionally engages in any behavior that violates that principle.

Contacting Us

SPACvest is a business of Blue Caterpillar LLC with principal offices in Louisville, Kentucky, and a satellite location in New York.