◆ Contrarian Corpus
Campaigns / Spruce Point Capital → PowerSchool Holdings, Inc.
Spruce Point Capital vs. PowerSchool Holdings, Inc.

PowerSchool Holdings, Inc. · PWSC

1 deck published between 2024-04-17 and 2024-04-17 — 117 pages, 117 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2024-04-17 initial thesis

    2024 04 661fcb2e4daa1dc5fe7c3e2b_pwsc_research_thesis_4 17 2024

    117pp · full_deck

    Spruce Point is short PWSC: ESSER-fueled K-12 growth is about to hit a fiscal cliff while aggressive accounting, SOPIPA privacy exposure, and 5.8x true leverage imply 30-60% downside.