The moment I heard the news about Grab’s SPAC merger with AGC, I took a nibble. Held throughout negotiations and saw a brief period of gains but I didn’t take profit as I’m in this for the long haul. They finally debut on Nasdaq on 3rd Dec 2021 after a record $40b deal with Altimeter Growth Corp. And I bought even more on their “IPO” day. Alas, Grab’s share price fell from the high of ~$15 (at pre-trading) to below $9 at closing, and I’m left with now is the single largest unrealized loss in my portfolio that I had brought upon myself. All in a day’s work. Am I the only fool here HODL-ing (Hold-On-for-Dear-Life) this stock and what are my reasons for doing so? Let’s explore below. Grab’s SPAC merger on NASDAQ I’ve mentioned this in detail when I first covered Grab but do note that the right terminology is actually a SPAC Merger. Here is a quick diagram to summarize their listing process:...