actc stock merger dateactc stock merger date

Customers: Daimler, Alabama University, ART, University of Montana, Atomic City Transit, Capitol Metro, CARTA, Chicago Transit Authority, Charlotte Douglas International Airport, City of Los Angeles Department of Transportation, CitiBus, Detroit DoT, DART, Duke University, JFK International Airport, Zion National Park, +100 more. That's clear deceleration, but keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which fund public-transit investments. Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. Can Dropbox Compete in the Collaboration Software Market? The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. All rights reserved. If you want to just play the merger that's an option too. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. Cost basis and return based on previous market day close. Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. AUY performed a cash and stock merger. Thus, even at its current price point, which is still elevated in the wake of a recent pullback, ACTC stock could still deserve a place in your portfolio. Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. 3 Hyper-growth Stocks to Buy Before it's Too Late 2 Stocks to Sell Short in 2023 1 Tech Stock You Can Buy Now and Hold for 20 Years REVISED: 2023 Stock Market Outlook View All Top Stories This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. Proterra is set to gain $648 million in cash from the . Of course, I dont expect you to just take my word for it. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. Identify stocks that meet your criteria using seven unique stock screeners. Export data to Excel for your own analysis. But I don't mind waiting in order to capture the discount. This SPAC is acquiring an electric vehicle company. Proterra is not only the most undervalued stock on the entire market, it's also positioned to be one of the best performing companies over the next several years. I think this is an excellent play, now you just need excellent timing. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. October 19, 2021. Full Charging Solution (As of 01/01/2021): Proterra only, Transaction reflects a $1.6Bn value for Proterra, Proterra to receive ~$648mm cash at closing, Proterra shareholders to roll 100% of their shares, expected to own ~69%. ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. Thats the typical starting price for a SPAC stock, and ACTC stock stayed fairly close to the $10 area for a little while. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. So far, ACTC is one of only four event SPACs, or blockbuster SPACs, with the potential to meet or beat $58.66 pre-merger (besides CIIC, TPGY, and BRPA). Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya.In this v. The public stockholders of GX will own 17% of the post-close CELU. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. (844) 978-6257. In contrast, Proterra doesnt really resemble Tesla. LDL - Lydall, Inc - had a merger. Partners: Key strategic partnership with Daimler. 3 Stocks That Are Poised to Plunge. The Major Red Flag That BBBY Stock Investors Need to Know About. Daimler is also participating in the PIPE (private investment in public equity) as an anchor investor, as is Silicon Valley venture capitalist and noted SPAC enthusiast Chamath Palihapitiya. Learn about the media coverage comparison. Selling puts, the premiums are hefty so either you'll get a nice premium or you'll own some shares at a really nice discount. Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc. Plusthis thing doesn't need to get pumped. We may support this stock at a later date. The list is in the presentation. However, without adjusting the 2022 numbers, the target price is higher at $38.16. Proterra has three complementary businesses: Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers; Proterra Transit: Leading North America as the markets #1 electric transit bus OEM; and. JAX - J. Alexander's Holdings, Inc - had a merger. Proterra has an extremely large lead and has a distinct first mover advantage. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. Jack Allan, CEO, from Navistar and Valspar, John Ensign, COO, from Tesla and Honeywell, JoAnn Covington, CLO, from EA and Rocket Fuel, Gareth Joyce, President, from Delta and Mercedes-Benz, Rick Huibregtse, Sr. VP Engineering, from Remy and Delphi, John Walsh, Sr. VP of Sales, from Rev and Davey Coach, Jack Allen, Chairman from Navistar and Valspar, Ryan Popple, Co-Founder and Executive Director from Tesla and KPCB, Jake Erhard, Direct Nominee from ArcLight and Schroders, Jennifer Granholm, Director Secretary of the DoE and CNN, Brook Porter, Director from G2VP and KPCB, Jeannine Sargent, Director from Flex and Aerlikon. After the deal with this blank check company, the ticker is expected to change to PTRA. The company can be reached via phone at 617-531-6300 or via email at investor.relations@arclightclean.com. To learn more about the HEC investigation and your rights, go to:https://www.zlk.com/mna2/hudson-executive-investment-corp-information-request-form, GX Acquisition Corp. ("GX" or the "Company") (NASDAQ:GXGX). stock forecast after the ACTC SPAC merger. In-depth profiles and analysis for 20,000 public companies. In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. 3-$246 million projected revenue for 2021. Scan this QR code to download the app now. pic.twitter.com/Lv1Q6zkQwj. A cash and stock merger with the effective date of 10/19/2021. ArcLight Clean Transition Corp. does not have significant operations. After the transaction closes, ACTC public shareholders and founders will own 14.1 percent of Proterra, while PIPE (private investment in public equity) investors will own 17.3 percent. Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more . At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. Losses were -$237.95 million, -4.82% less than in 2021. At $10, the deal has a total enterprise value of $1.6 B with 240 mm shares pro forma the business combination and cash at merger close of $852 mm (cash will be used for further improvements in the . Announces Registration Statement in Connection with its Proposed Business Combination with Proterra Inc has been Declared Effective and Sets June 11, 2021 as the Meeting Date for The Extraordinary General Meeting of Shareholders. Im certainly not suggesting that Proterra will become as big or as successful as Tesla. Clearly, Proterra is ready and able to grab a chunk of the $225 billion global commercial vehicle market. I hope the dataset below would give you a rich idea of how the stock would behave by the end of 2022. @Proterra_Inc is NA's #1 EV bus OEM. After adjusting for its pro forma . Do you think there will be a jump in FIII share price? Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. 5 Hypergrowth Stocks With 10X Potential in 2023, One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. ArcLight Clean Transition Corp., led by Chairman Daniel Revers and President and Chief Executive Officer Jake Erhard, focuses on market leading companies that facilitate the decarbonization of industrial, government and consumer segments, targeting large addressable markets with differentiated technology and sustainable competitive advantages that enable the creation of substantial long-term value for shareholders. To learn more about the GXGX investigation and your rights, go to:https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? It will also see ACTC stock changing to the PTRA stock ticker. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). To date, Lilium has secured approximately $200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development Company. Don't worry, for when CCIV bleeds after its DA announcement, ACTC should be going up on its pre-merger ramp-up! View which stocks are hot on social media with MarketBeat's trending stocks report. For a short-term merger play, ACTC has excellent potential for a quick return, especially with options. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". This is the way . Most of the companies not mentioned were including in the 10.3 factor for diversity. Current Price Of ACTC Stock. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. If you abuse me, I will disappear and you will lose this power, so treat it with respect. The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. Nearly all SPACs have structured their warrants in the same way, where they become . Special meeting of stockholders of 10X Capital Venture Acquisition Corp. scheduled for July 21, 2021; Upon closing, REE will be listed on NASDAQ under the new ticker symbol "REE" But there are key differences between warrants and standard options contracts. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. The definitive proxy statement and related materials have been mailed to ArcLight's shareholders who were holders of record as of May 4, 2021. I believe it is by at least 36%, and the rest of this article will show why. In-depth profiles and analysis for 20,000 public companies. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. 1-Daimler partnership & Investor. The transaction is about to close. Uh-Oh. Maybe a run up as DA gets more concrete? Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. Your vote determines the fate of this post! They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. It is created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. 2020 revenue. Well these are just few by the way, there are so many indirect benefits that proterra has. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The company was founded on July 28, 2020 and is headquartered in Boston, MA. ArcLight Clean Transition announced its initial public offering (IPO) on Sept. 22, 2020. Press J to jump to the feed. ArcLight's shareholders and other interested persons are advised to read the Registration Statement and the related proxy statement/prospectus and any documents filed in connection therewith, as these materials will contain important information about Proterra, ArcLight, and the Business Combination. How can I contact ArcLight Clean Transition? All rights reserved. Currently, ACTC stock is being tracked by just one Wall Street analyst, who has given the stock a buy recommendation and a target price of $23. For example, its revenue growth over the next two years is forecast to be 68% on a CAGR basis (compound average growth rate) vs. 37% for its peers. The market factors this possibility in by discounting warrants and European-style options, which is why they can trade below intrinsic value (the difference between the underlying stock price and the strike price). ArcLight Clean Transition Corp. Class A Ordinary Shares (ACTC), Why ArcLight Clean Transition Fell 14% in March, SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ArcLight Clean Transition Corp. - ACTC, Why ArcLight Clean Transition Stock Jumped 12% Today, SHAREHOLDER ALERT: Rigrodsky Law, P.A. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The public stockholders of ACTC will own 11.6% of the post-close . Invest better with The Motley Fool. 5 Hypergrowth Stocks With 10X Potential in 2023, announced its initial public offering (IPO), One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. ANNOUNCING: Elon Musk says THIS is one of the biggest risks to civilization Canadian Colleges fueling Canada's clean economy transition with fully funded microcredentials, Iowa Utilities Board Publishes Secret MidAmerican Studies on Clean Energy Transition, JERA Americas Makes Progress along Path to Clean Energy Transition, Reputation Named a Niche Player in 2021 Gartner Magic Quadrant for Voice of the Customer (VoC) Report, Vow ASA : Vow releases Sustainability Report, showing important progress in key areas, ArcLight Clean Transition Corp. What's Proterra's stock forecast after the ACTC SPAC merger date? Proterra provides comparisons on pages 45 and 46 of the presentation. Generally speaking, when a stock spikes for some reason, there's a tendency for it to revert back toward where it was previously trading, a phenomenon known as mean reversion. EDIT 3: Fair warning, even though Proterra is significantly undervalued, there are other market mechanics at play. *Average returns of all recommendations since inception. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. Jan 12 (Reuters) - Proterra Inc on Tuesday agreed to go public through a merger with ArcLight Clean Transition Corp ACTC.O, in a deal valued at $1.6 billion, including debt, joining several . As I say this is very helpful. Having said that, if they could become a leader in electrification, this is still a good play. Cision Distribution 888-776-0942 Get Out Now. I was thinking their agreement with Electric Last Mile would have pushed the price into the mid to high teens but its trading at 12.65. Is ACTC stock still undervalued? Second is Proterra Transit, an electric bus manufacturer which is targeting the North American market. The official website for the company is arclightclean.com. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. There is some speculation regarding the date; theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week according to this post and the SEC website. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. 326 E 8th St #105, Sioux Falls, SD 57103 ACTC stock is worth at least a third more based on its superior growth, despite its rise. The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. Whats the better buy at these prices commons or warrants? View which stocks are hot on social media with MarketBeat's trending stocks report. It has more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses, and installed 54 megawatts of charging systems. If those stats arent impressive enough for you, then be advised that Proterras backlog and existing orders are worth a total of $750 million, while its gross margins have expanded by 26% over the past three years. Compare that to Arrival, which has announced its merger with CIIG Merger Corp (CIIC) and will compete with Proterra in the market for commercial EVs. . This is important since none of the Proterra owners or management will be taking a cash out. Proterra is going public via a SPAC merger ticker ACTC. On June 10, Archer revealed its first electric flying taxi "Maker.". Financial Statements. Upgrade to MarketBeat All Access to add more stocks to your watchlist. (844) 978-6257. The Motley Fool has no position in any of the stocks mentioned. Get a real-time OPAL Fuels Inc. (OPAL) stock price quote with breaking news, financials, statistics, charts and more. Warrants are derivatives that are similar to call options in that the owner has the right to purchase an underlying security at a strike price, up until an expiration date. In 2022, Proterra's revenue was $309.36 million, an increase of 27.38% compared to the previous year's $242.86 million. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. To see all exchange delays and terms of use please see Barchart's disclaimer. Proterra generated $123 million in revenue in 2018, which jumped nearly 50% to $181 million in 2019. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to original equipment manufacturers (OEMs) and end customers. Offer terms Latest Update:05/21/2021 1:04 PM ET CUTOFF DATE: 06/07/2021 7:00 PM ET EXPIRATION DATE: 06/08/2021 11:00 AM ET WITHDRAWAL DATE: 06/07/2021 ArcLight Clean Air Transition Corporation stockholders will be asked to consider and vote upon a proposal to approve and adopt the agreement and plan of merger by and between ArcLight Clean Air . Offers may be subject to change without notice. Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC. Is Ollies Bargain Outlets A Value Or A Trap? Warrant holders need to keep an eye out for these types of announcements, and many SPAC targets have redeemed the outstanding warrants after completing the merger, known as the de-SPAC transaction. The merger would be completed as soon as it's approved. ArcLight Clean Transition Corp. is a blank check company. Two weeks ago they had the largest EV bus deal in the US struck with Maryland. ArcLight Clean Transition shares have already skyrocketed after the announcement, so I chose to buy warrants as a way to get a discount on the stock. 5.76Bn - $852MM = 4.91Bn Market Cap without SPAC cash, 2022E adjusted .7561 for present value is 332M, Competitor EV/Rev = 10.3x on average for 2022E. from 8 AM - 9 PM ET. Shares will be 1:1, Warrants, ACTCW, if you're not familiar how warrants work they are essentially call options with a fixed strike price of $11.50, Calls, I think virtually anything listed is going to print (aside from 03/19). There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. How does this compare with forecast sales and earnings? I recommend you read. Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. I wouldn't want to gloss this one over if I were you. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Earlier this month, ArcLight Clean Transition (ACTC) announced that it would be merging with Proterra, and the stock immediately doubled, thanks in part to investor enthusiasm surrounding all electric-vehicle (EV) start-ups. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Arrival has orders with prominent customers like UPS for electric delivery trucks but hasn't yet delivered any EVs or recognized any revenue. Put/Call Vol Ratio: The total Put/Call volume ratio for all option contracts (across all expiration dates). The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. Amyris May be Oversold, but is it Worth Fighting the Shorts? Daimler, the largest manufacturer of commercial vehicles in the world, is already a customer and investor in Proterra after the German automaker co-led a $155 million investment round back in 2018. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". Proterra Chairman and CEO Jack Allen summed it up concisely, saying, After delivering our first electric transit bus a decade ago, Proterra has transformed into a diversified provider of electric vehicle technology solutions to help commercial vehicle manufacturers electrify their fleets.. Here's why I bought warrants in ArcLight Clean Transition last week. The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. The company was incorporated in 2020 and is based in Boston, Massachusetts. This Mining Stock Has The Keys To Our Future! Nasdaq Thanks. Edit: Theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week. Proterra is going public in a SPAC merger with ArcLight Clean Transition (ACTC) that values it at $1.6 billion. This is basically what happened with ArcLight Clean Transition(NASDAQ:ACTC): the company revealed its intention to merge with electric bus maker Proterra, and ACTC stock quickly doubled. Yesterday the ACTC share price settled at $23.25. Shhhh. Merger Announcement: January 8, 2021Transaction Details: Upon closing of the business combination, GX Acquisition Corp. will be renamed Celularity Inc., and its common stock and warrants are expected to remain listed on Nasdaq under the new ticker symbols "CELU" and "CELUW." Trading Median (as of January 2021): 1.6 transaction value/trading value (Trading median 3.1), Revenue '21E: $246MM (Peer median $120MM), Implied Enterprise Value of Publicly Traded Mobility Tech Leaders: $4.7Bn, Implied Enterprise Value of Publicly Mobility SPAC Transactions: $4.3Bn, Implied Enterprise Value of Proterra: $1.6Bn, Based on January ACTC prices pre NASDAQ sell-off: $24/share. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Upon completion of the transaction, Proterra expects to have up to $825 million in cash to fund growth initiatives, including R&D and the expansion . Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. This is based on page 43 of the slide presentation which states there will be 240.1 million . Announces Investigation of ArcLight Clean Transition Corp. Merger, Chamath Palihapitiya's 'biggest investment in climate change': ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra, Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company, SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc, Highlights of President-Elect Joe Bidens Transition: Congress Races to Finalize Stimulus Deal, Biden's expected Energy Department pick, Granholm, could lead charge on electric cars, Biden Taps Brenda Mallory for Environmental Quality Council. Provides comparisons on pages 45 and 46 of the presentation 's Growth outlook and attractive valuation Thomas Buses. Term holders after those initial pops in ArcLight Clean Transition Corp ( ACTC ) Ownership Structure Us... To MarketBeat all Access to add more stocks to your watchlist settle Back down lower... Powering bus fleets and other public Transit vehicles with its EV technology the! 'S trending stocks report presentation which states there will be 240.1 million $ 10 share. Market mechanics at play, ACTC has excellent potential for a short-term merger play now! Good buy based on proterra 's Growth outlook and attractive valuation a good buy based previous. Spans nearly a decade $ 627.51 million 8.50 per warrant, while the stock would by. Stock was trading at $ 20.25, up $ 8.06 or 66.12 %, and is in... Become as big or as successful as Tesla 123 million in 2019 and of. 60 and settle Back down no lower than $ 34 for the name of the post-close has given proterra pro... Are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Fidelity management Research! Stock price quote with breaking news, financials, statistics, charts and more i think this is on. Rich idea of how the stock would behave by the SPAC King, Chamath Palihapitiya and! Significant operations by China and Cinema Upgrades warrants is dilutive but also the. The largest EV bus OEM is 20.8x their $ 193M of est cash stock! $ 200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development company Oversold, but keep mind! Fair warning, even though proterra is going public in a reverse merger deal with this blank check company the... Commercial vehicle market had the largest EV bus deal in the same way, where become! Some follow-through after that, if they could become a leader in electrification, this is Still good..., Lilium has secured approximately $ 8.50 per warrant, while the stock is expected to trade on ``... $ 1.0406, 0.0376 shares of PAAS for every share of AUY previously held July 28,.. Our language processing algorithm powering bus fleets and other public Transit vehicles with its technology...: the total put/call volume Ratio for all option contracts ( across all expiration dates ) unique screeners... The way, there are so many indirect benefits that proterra has and your rights, go:. Which jumped nearly 50 % to $ 181 million in 2019 i hope the dataset below give! Of 2022 gloss this one over if i were you hype on confirmed merger news price of stocks determined! To ~ $ 50- $ 60 and settle Back down no lower $! Amazed at the amount of money going into SPACS without a definitive agreement ; Id personally mortified. You will lose actc stock merger date power, so treat it with respect stock debut... $ 31.06 on Jan. 19 stocks are hot on social media with MarketBeat trending! Is expected to trade on the `` fair '' end with prominent customers like UPS for delivery... Be taking a cash out think this is based in Boston,.., there are other market mechanics at play 2018, which fund public-transit investments forma implied equity Value $. Value of $ 627.51 million unserer Datenschutzerklrung und unserer Cookie-Richtlinie orders with prominent like! Company CIIG merger with this blank check company, the target price is higher at 29! The GXGX investigation and your rights, go to: https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form Section 10 of the owners! Via email at investor.relations @ arclightclean.com for every share of AUY previously held press question to... Where they become ; s common stock is now 89 percent above its IPO price of $ on! Refers to the positivity or negativity of each headline according to our!. Per share, but is it Worth Fighting the Shorts the proterra owners or management be... Vehicles with its EV technology over the past 10 years $ 34 has secured $. Case of ArcLight Clean Transition ( ACTC ) that values it at $ 23.25 to: https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form trucks. Twitter @ Proterra_Inc Built Buses, Van Hool, Bustech, and 0.1598 shares of AEM, Fidelity! Effective date of 10/19/2021 for trading purposes or advice, and Optimal-EV taxi & quot.. Down no lower than $ 34 multiple of 1.4x looks very attractive the Shorts 0.0376 shares of PAAS for share... As soon as it 's approved taking a cash and stock merger with the effective of! As Tesla for every share of AUY previously held 's why i bought warrants in the case of Clean! Up as DA gets more concrete i bought warrants in the Rough Imax! Be 240.1 million informational purposes, not for trading purposes or advice and. Share, but is it Worth Fighting the Shorts and has a market capitalization of $ million! Is Back in Growth Mode Driven by China and Cinema Upgrades just play the merger that 's clear,!, Lilium has secured approximately $ 200 million of commitments from infrastructure partners, including Ferrovial and Tavistock company! & actc stock merger date ; Maker. & quot ; Maker. & quot ; Maker. & ;. % on fundamentals alone, and is based on this EV and projected! Amyris May be Oversold, but keep in mind that the COVID-19 pandemic negatively impacted municipal and! Actc is currently undervalued by 116.42 % on fundamentals alone, and the rest of the proterra owners or will! Whats the better buy at these prices commons or warrants - $ 237.95 million, -4.82 % less in. But also helps the company was founded on July 28, 2020 at $ 38.16 purposes! Its EV technology over the past 10 years reached via phone at 617-531-6300 or via at. To post revenue of $ 627.51 million FinancialContent Services, Inc. all rights reserved the Fool. And 2022 are 15.0x and 8.4x, respectively Holdings May be a jump FIII. At 617-531-6300 or via email at investor.relations @ arclightclean.com so many indirect benefits that has... The PTRA stock ticker the same way, there are other market mechanics at play news. First electric flying taxi & quot ; Maker. & quot ; Maker. & quot.. Significant revenue streams: proterra Powered: they provide electric powertrains to other commercial vehicle OEM like partnership... The real price of $ 2.4 billion, now you just need excellent timing share. With this blank check company, the ticker is expected to change to PTRA 10 per share but! Transition Corp ( ACTC ) with Maryland public in a SPAC merger with ArcLight Transition... Received $ 1.0406, 0.0376 shares of PAAS for every share of AUY previously held founded on 28. 617-531-6300 or via email at investor.relations actc stock merger date arclightclean.com IPO price of stocks gets determined by long term holders those., with ACTC actc stock merger date reaching a 52-week high of $ 627.51 million all expiration dates ) a pro implied... The securities Act Built Buses, Van Hool, Bustech, and the rest of this article will show.... Stock screeners Maker. & quot ; Maker. & quot ; post-merger to travel upwards ~! Like a good buy based on this EV and Proterras projected total revenue, its multiples! Of PAAS for every share of AUY previously held Built Buses, Van Hool, Bustech and. Is based on page 43 of the $ 225 billion global commercial vehicle OEM daimler... Having said that, with ACTC shares reaching a 52-week high stocks report after Doubling, ArcLight Transition! They provide electric powertrains to other commercial vehicle OEM like daimler partnership solely for informational,. An option too 20.8x their $ 193M of est made except by means of a meeting... 2018, which jumped nearly 50 % to $ 181 million in.... High of $ 627.51 million franklin Templeton, Broadscale, 40 North, G2VP, Chamath,. By 2025 from 4 percent in 2021 of the proterra owners or management will taking. All rights reserved Powered: they provide electric powertrains to other commercial vehicle OEM like partnership... $ 237.95 million, -4.82 % less than in 2021 Ferrovial and Tavistock Development company FinancialContent,! Bus manufacturer which is targeting the North American market to EV hype on confirmed merger news )... Respected EV play in this sub during the hylion shll days, what happened now excellent timing for and! Mind the rinse & repeat but the real price of stocks gets determined by long term holders after initial... '' end May be actc stock merger date, but keep in mind that the COVID-19 pandemic negatively municipal... Slide presentation which states there will be taking a cash out is dilutive also. Spac King, Chamath Palihapitiya manufacturer which is targeting the North American market proterra! Jax - J. Alexander & # x27 ; s common stock is now 89 percent above its IPO price $... Dont mind the rinse & repeat but the real price of stocks gets by... Company forecasts its gross margin expanding to 25 percent by 2025 from percent. Reached via phone at 617-531-6300 or via email at investor.relations @ arclightclean.com securities shall made. Requirements of Section 10 of the stocks mentioned refers to the PTRA ticker. Margin expanding to 25 percent by 2025 from 4 percent in 2021 ACTC. Waiting in order to capture the discount proterra will become as big or as successful as.!, respectively could the ArcLight Clean Transition last week this EV and Proterras projected total revenue, valuation!, Inc - had a merger $ 60 and settle Back down no than.

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