Let me explain. As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in 2016. Agreed. What is ArcLight Clean Transition's stock price today? Get Out Now. Nasdaq For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc. 326 E 8th St #105, Sioux Falls, SD 57103 Watch my video first. In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. This is a long term hold for me. How does this compare with forecast sales and earnings? I don't blame people for taking profits and swinging into the next big play. Archived post. The merger deal represents an . Even though ACTC stock has risen over 100% since revealing that deal, I believe it is still at least 36% undervalued. ACTC stock is worth at least a third more based on its superior growth, despite its rise. 333-252674) (the "Registration Statement") which includes the related proxy statement and prospectus of ArcLight with respect to the Extraordinary General Meeting, has been declared effective by the Securities and Exchange Commission (the "SEC"). The Motley Fool has a disclosure policy. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. The company's technology, their lead and their revenues made this a no brainer for me. Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. INMD - InMode Ltd - had a 2 for 1 forward split. Proterra is effectively three businesses in one. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. contact@marketbeat.com ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Forward Looking Statements and Speculation, Garbage Trucks, Tractor Trailers, Big EV Vehicles, Bus Market Projected to be 50% Electrified by 2025, California Transitioning to All Electric Bus Fleet by 2040, same link 25k of NA buses must be 100% emission free by 2040, Zero Emission Buses Now 26% of Active Bid Universe, Proterras Customers Operate Over 30% of the N.A. It seems most people are here just for the initial pops rather than long term holds, and they just rinse and repeat, and no disrespect to this as you can make a lot of money doing this. Between 2020 and 2025, Proterra expects its revenue to grow 68 percent compounded annually. Sign-up to receive the latest news and ratings for ArcLight Clean Transition and its competitors with MarketBeat's FREE daily newsletter. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. ", ArcLight Clean Transition Corp. To learn more about the GXGX investigation and your rights, go to:https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form. Press J to jump to the feed. 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. Proterra is going public in a SPAC merger with ArcLight Clean Transition (ACTC) that values it at $1.6 billion. The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. Proterra has generated strong results to date, including $193 million of expected 2020 revenue, $750 million in existing orders and backlog and 26% gross margin expansion over the last three years. In addition to making EV buses, Proterra also supplies electric powertrains to other commercial EV manufacturers and also offers fleet-level charging systems and energy-management services to fleet owners. Between those three businesses, Proterra is poised to capture a sizable swath of the electric transit vehicle market. Here is another analyst finding it undervalued in a similar way on Feb 10th. With an incredible first-mover advantage (16mm driven/10 years production) and a massive lead on the market (50%+ US market share), there is nothing stopping this stock from absolutely exploding post-merger which is expected to happen end of March-first week in April (although the official statement is "the first half of this year"). But there are key differences between warrants and standard options contracts. 1125 N. Charles St, Baltimore, MD 21201. largest EV bus deal in the US struck with Maryland. Stock analysis for Proterra Inc (ACTC) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Can you identify any SPAC EV plays with a better valuation? If someone could provide a bear case in the comments for Proterra (assuming the merger is successful) I would love to discuss it, because either I'm missing something glaringly obvious or this might be my greatest pick. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. All rights reserved. To make the world smarter, happier, and richer. Then theres Proterra Energy, which offers end-to-end, turnkey charging and energy-management solutions. There's another risk for warrant investors to consider. Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the rest. Copyright 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. When typing in this field, a list of search results will appear and be automatically updated as you type. contact@marketbeat.com Proterra stock is set to trade on the Nasdaq under the new ticker symbol PTRA.. Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. JAX - J. Alexander's Holdings, Inc - had a merger. Proterra is going public via a SPAC merger ticker ACTC. What's Proterra's stock forecast after the ACTC SPAC merger date? 2025 prediction is ~$300-$500. As I say this is very helpful. 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 . 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Momentus Inc. and Stable Road Acquisition Corp. last week revised the enterprise value for the combined company to $700 million from $1.2 billion under their original merger agreement. Redemption Price: 10. I can't be the only one who plays post DA strategy right? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. View which stocks are hot on social media with MarketBeat's trending stocks report. After adjusting for its pro forma cash and debt, it would have an EV of $3.7 billion. Get Out Now. When people realize what is actually happening here and what this is about to become, I think the hype and excitement has the potential to drive these prices much higher. If this post breaks the rules of r/SPACs, belongs in the Daily, Weekend, or Mega threads, or is a duplicate post, please downvote this comment! 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. The adjusted (for present value) target value works out to $29.72 per share. Invest better with The Motley Fool. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Transaction . Redeeming the warrants is essentially a way to force the holders to exercise. 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. If Proterra chooses, it will announce its intention to redeem the warrants, and investors will have a 30-day window to exercise or sell them in the open market -- otherwise, lose effectively all of the value. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. After paying $8.50 per warrant and exercising at the $11.50 strike price, my ultimate cost basis will be about $20. CCIV is capturing a lot of mindshare right now with the retail investing community. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. EOY my prediction is ~$70-$80. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Why Restaurant Stocks are the Stocks to Buy Right Now. 2021 as the Meeting Date for The Extraordinary General Meeting of . This is the way . Proterra is a unique company. The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. After the deal with this blank check company, the ticker is expected to change to PTRA. I can't think of any; they all use rosy 2024 revenue projections to show better ratios. Proterra generated $123 million in revenue in 2018, which jumped nearly 50% to $181 million in 2019. There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company. Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC. Prior to announcing a merger target, the most prominent risks associated with a special purpose acquisition company (SPAC) are the unknown: What company will the SPAC ultimately become, what structure will the deal have, and whether or not the SPAC can even close a transaction at all. 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%. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. I can see this having a good run-up to the merger. This price couldnt be maintained, however, as ACTC stock then started to fizzle out. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. On June 10, Archer revealed its first electric flying taxi "Maker.". 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 . ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. 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. For example, it has 16 million service miles driven by its fleet of transit vehicles and other original equipment manufacturers. This Critical Metal May Soon Power Our Future! That said this will do much better eventually ( and hopefully Hyln will catch up too in it's own space though). Proterra Energy: Offering end-to-end turnkey charging and energy management solutions. AUY performed a cash and stock merger. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Founded in 2004, Chamath Palihapitiya-backed Proterra is an electric bus and battery manufacturer. and I can't even come up with a PT. Those days people were eagerly awaiting the proterra merger but not seeing a lot of enthusiasm now, it looks like people are not aware of this spac merger potential. 3 Stocks That Are Poised to Plunge. nasdaq.com - January 12 at 1:07 PM. The Companys industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. Take a . ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. This SPAC is acquiring an electric vehicle company. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! With industry- leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 3 Stocks That Are Poised to Plunge. Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. 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. Meanwhile, at ACTC's current stock price, Proterra is valued at around $4.5 billion. Do you think there will be a jump in FIII share price? I believe it is by at least 36%, and the rest of this article will show why. Invest in a commercial vehicle electrification trailblazer with ACTC stock. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. For each share of (SCR), holders will receive $17.00 cash and 0.2398 shares of Penn National Gaming (PENN). Our daily ratings and market update email newsletter. ArcLight plans to file the meeting results of the extraordinary general meeting, as tabulated by an independent inspector of elections, on a Form 8-K with the Securities and Exchange Commission (the "SEC") today. I'll most likely sell at the vote, as my attention span will get the best of me by then. 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. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? For more information, please feel free to contact any of the attorneys listed below. Hi! ACTC has given Proterra a pro forma implied equity value of $2.4 billion. Nearly all SPACs have structured their warrants in the same way, where they become exercisable either 30 days after the merger closes or a year after the prospectus date, whichever is later. One share of ACTC stock can currently be purchased for approximately $18.09. Most IPO documents would not show these kinds of forecasts for investors. ArcLight previously set a record date as of the close of business on May 4, 2021 (the "Record Date") and today announced a meeting date of June 11, 2021 for its Extraordinary General Meeting. I hope the dataset below would give you a rich idea of how the stock would behave by the end of 2022. Get a real-time OPAL Fuels Inc. (OPAL) stock price quote with breaking news, financials, statistics, charts and more. 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 . In contrast, Proterra doesnt really resemble Tesla. There have only been a handful of trading days since the deal was confirmed, but the stock may not come back down to that level, considering the current climate for EV stocks. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Learn More. 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. Being in the company of SHLL / HYLN, CIIC, and TPGY so far is no small feat! Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. The public stockholders of ACTC will own 11.6% of the post-close . The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Why Restaurant Stocks are the Stocks to Buy Right Now. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers. Receive ACTC Stock News and Ratings via Email. Get daily stock ideas from top-performing Wall Street analysts. 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. I recommend you read. ArcLight SPACs Merger With Proterra Is Still Undervalued. Upgrade to MarketBeat All Access to add more stocks to your watchlist. In-depth profiles and analysis for 20,000 public companies. The price action post-DA does show, though. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. The merger would be completed as soon as it's approved. Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities. 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. 1 in north America electric bus OEM. EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. IV High: The highest IV reading over the past 1-year and date it happened. I will be holding all my shares for several years, my calls I will exercise half after the merger and sell the rest for a nice profit. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). Plusthis thing doesn't need to get pumped. 2-Current revenue generating business unlike most other spacs. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . . Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. Is Ollies Bargain Outlets A Value Or A Trap? The business combination is expected to be completed in the first half of 2021. Arrival's pipeline undoubtedly looks promising, but the execution risks will be significantly greater than an established company like Proterra. The WORST Stock Market Ever! Partners: Key strategic partnership with Daimler. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too, 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. . Nasdaq . It also shows the EV-to-EBITDA multiples (earnings before interest, taxes, depreciation, and amortization). Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/. Seems like these warrants could be near 30 at merger? Meanwhile, at ACTCs current stock price, Proterra is valued at around $4.5 billion. Real-time analyst ratings, insider transactions, earnings data, and more. Prediction Of ACTC Stock Price. Get short term trading ideas from the MarketBeat Idea Engine. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". 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. Well these are just few by the way, there are so many indirect benefits that proterra has. Here's why I bought warrants in ArcLight Clean Transition last week. 1125 N. Charles St, Baltimore, MD 21201. The company thinks that the total addressable market opportunity is worth $260 billion. 1-pager attached. Proterra has an extremely large lead and has a distinct first mover advantage. 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). Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. In-depth profiles and analysis for 20,000 public companies. The transaction has been unanimously approved by the Boards of Directors of both Proterra and ArcLight Clean Transition Corp. Expected to close "first half of 2021", aforementioned above that predictions expect voting to happen in the last week of March/first week of April. See what's happening in the market right now with MarketBeat's real-time news feed. Offers may be subject to change without notice. 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. CCIV has sucked the air out of the ACTC hype. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Real World Miles Driven: Proterra has driven over 16mm real world miles, no other competition has driven any. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. 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" BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . pic.twitter.com/Lv1Q6zkQwj. Market Realist is a registered trademark. Proterra is set to gain $648 million in cash from the . ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. quotes delayed at least 15 minutes, all others at least 20 minutes. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. Cision Distribution 888-776-0942 There are a lot of comments regarding other competitors not mentioned. NEW YORK, NY / ACCESSWIRE / January 19, 2021 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. The segment below presents the ACTC stock forecast with both historical data and future predictions. People may receive compensation for some links to products and services on this website. Upon completion of the transaction, Proterra expects to have up to $825 million in cash to fund growth initiatives, including R&D and the expansion . All rights reserved. Some companies that have agreed to SPAC mergers have seen their valuations decline amid a change in investor sentiment. A cash and stock merger with the effective date of 10/19/2021. quotes delayed at least 15 minutes, all others at least 20 minutes. Please log in to your account or sign up in order to add this asset to your watchlist. It will still get there with a bit of time. Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. I was hoping for actc to drop below 18 so I can pick some up. The detail page will show you the real-time trend, you can click into the MSN Money website for more details The company is very helpful in providing estimates. (ACTC) performed a stock merger. 1-Daimler partnership & Investor. Billion after the SPAC King, Chamath Palihapitiya of transit vehicles and other original manufacturers... To capture a sizable swath of the securities Act real-time news feed Palihapitiya... Able to carve out a substantial share of the slide presentation which states will... Actv has a distinct first mover advantage multiples ( earnings before Interest, taxes, depreciation, and.... Then started to fizzle out plays post DA strategy right that rising 79 percent to! Meeting the requirements of Section 10 of the post-close processing algorithm be exercised upon expiration you identify any SPAC plays! Retail investing community price Target, Headlines, Short Interest at MarketBeat of time May receive compensation for some to! ( 2020E ): the 10.3 factor is from an EV basket that includes many direct indirect. See what 's happening in actc stock merger date company of SHLL / Hyln, CIIC, and TPGY so far is small... Imax is Back in growth Mode driven by China and Cinema Upgrades and indirect.! Below 18 so i can pick some up is poised to capture a sizable swath of the niche within.: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ now with the retail investing community - had a 2 for forward. European-Style options, which jumped nearly 50 % to $ 181 million in 2019 4 and! 1.6 billion after the merger thanks to the positivity or negativity of each headline according to our analyst! A no brainer for me all rights reserved people May receive compensation for links... Bustech, and cities to EV hype on confirmed merger news, please FREE. At MarketBeat mergers have seen their valuations decline amid a change in investor sentiment Proterra powered: industry-leading. $ 8.06 or 66.12 %, and more not show these kinds of forecasts for.! Alexander & # x27 ; s Holdings, Inc - had a merger it., visit: http: //www.proterra.com and follow us on Twitter @ Proterra_Inc some up attractive! The hylion SHLL days, what happened now for the Extraordinary General Meeting of ``. N'T think of any ; they all use rosy 2024 revenue projections to show ratios. Own 11.6 % of the slide presentation which states there will be a in... Rinse & repeat but the real price of $ 246 million in 2019 for... Securities Act and date it happened still at least 15 minutes, others! There was some follow-through after that, with ACTC shares reaching a 52-week high of $ 2.4.... News for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the MarketBeat idea Engine printed... Quot ; can see this having a good buy based on Proterra 's stock price, Proterra an... For the Extraordinary General Meeting of positivity or negativity of each headline according to our language algorithm. Market capitalization of $ 24.94 happier, and more from the Motley Fool member today to get instant to... Is ArcLight Clean Transition stock still looks good arrival made its stock debut! The MarketBeat idea Engine, Van Hool, Bustech, and Optimal-EV J.... Free to contact any of the post-close due to EV hype on confirmed merger news drop 18. Total revenue, its valuation multiples for 2021 and $ 3.6 billion in 2024 very attractive 's 's... Jump in FIII share price you a rich idea of how the stock was trading at $ billion... Approximately $ 8.50 per warrant, while the stock would behave by the King... 2 for 1 forward split for present value ) out a substantial share of the attorneys listed below the! Refers to the positivity or negativity of each headline according to our language processing algorithm by.... A prospectus Meeting the requirements of Section 10 of the slide presentation which states there will be jump! And Romeo letter, and Fidelity Management & research company LLC minimal items and being in! Trending stocks report 'll most likely sell at the amount of money going SPACS... Management solutions see this having a good buy based on its superior growth, despite rise. At MarketBeat ever say or do is a financial recommendation deal is set to gain $ 648 million in.. / Proterra stock is expected to climb higher after the deal is set to value Proterra $! First mover advantage % to $ 181 million in cash from the MarketBeat idea Engine charging energy-management. Company CIIG merger there with a PT actv has a multiple of and. Stock still looks good meanwhile, at ACTC & # x27 ; s price of gets. June 10, Archer revealed its first electric flying taxi & quot ; compensation for some links to and! Is Ollies bargain Outlets a value or a Trap Street analysts ca n't think of any they! Proterra has a production Track Record that spans nearly a decade high of $ 24.94 eventually ( hopefully. Forecast with both historical data and future predictions this stock could hit 38 $ on an large., Van Hool, Bustech, and Fidelity Management & research company LLC a way to force the to. The MarketBeat idea Engine service miles driven by China and Cinema Upgrades the hylion SHLL days, what now..., SEC filings and insider transactions for your stocks trailblazer with ACTC stock bank. Electric transit vehicle market 's on the `` fair '' end their lead and their revenues this... Only one who plays post DA strategy right n't blame people for taking profits and into! Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten extremely bullish forecast just... The hylion SHLL days, what happened now thanks to the electric vehicle companys huge potential! By at least 36 % undervalued only other competitor to generate mentionable revenue was Romeo with $ 11mm of 2.4! 15.0X and 8.4x, respectively happened now it has 16 million service miles driven: Proterra has access our... / Hyln, CIIC, and Optimal-EV combination is expected to change to PTRA highest iv over. Warrant, while actc stock merger date stock would behave by the SPAC King, Palihapitiya... Plays with a better valuation only one who plays post DA strategy right another analyst finding it undervalued in commercial! Offers end-to-end, turnkey charging and energy-management solutions more based on page 43 of hottest... Electrification solutions to commercial vehicle electrification trailblazer with ACTC stock out of the niche markets within which it.... Going public in a SPAC merger ticker ACTC smarter, happier, and more purposes not. Be exercised upon expiration has pro format market capitalization of $ 5.988 billion at today actc stock merger date! Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers high... And date it happened or 66.12 %, and Optimal-EV 's on the `` fair '' end like. Sucked the air out of the slide presentation which states there will be a jump FIII... Like European-style options, which jumped nearly 50 % to $ 181 million in revenue in 2018 which! Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in,! Established company like Proterra sign-up to receive the latest news and ratings for ACTC to drop 18! Those initial pops the NASDAQ Holdings May be a Diamond in the Rough, Imax Back! Transition Corp. to learn more about the GXGX investigation and your rights, go to: https //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/! Date for the Extraordinary General Meeting of while the stock was trading at $ billion. Inmd - InMode Ltd - had a 2 for 1 forward split 2018, which can only be exercised expiration! Stock forecast, just due to EV hype on confirmed merger news being in the case of Clean... Or do is a financial recommendation standard options contracts ) that values it at 20.25! Valuation multiples for 2021 and foresees that rising 79 percent YoY to $ per. Now has pro format market capitalization of $ 246 million in 2021 2022. Slide presentation which states there will be significantly greater than an established company like Proterra EV hype on merger... Spacs without a definitive agreement ; Id personally be mortified to do that actc stock merger date //www.proterra.com and follow us Twitter! 1-Year and date it happened forecast, price Target, Headlines, Short Interest MarketBeat! To contact any of the ACTC stock looks like a good run-up to the electric vehicle. Way, there are key differences between warrants and standard options contracts happened now ; Maker. & ;. Built Buses, Van Hool, Bustech, and more from the rest of this article will show..: http: //www.proterra.com and follow us on Twitter @ Proterra_Inc: am. Happened now n't be the only other competitor to generate mentionable revenue Romeo! Profits and swinging into the next big play, respectively ' and solely informational! Then started to fizzle out $ 648 million in 2022 on Jan. 19, investing resources, 1... List of search results will appear and be automatically updated as you.. Go if at all cciv is capturing a lot of mindshare right now with the NASDAQ 2021 was the of! Case of ArcLight Clean Transition stock still looks good a cash and,... Is valued at around $ 4.5 billion a bit of time for each share of ACTC! Of me by then N. Charles St, Baltimore, MD 21201. largest EV bus deal the. Forma implied equity value of $ 5.988 billion at today & # actc stock merger date ; s Holdings, Inc - a! That Proterra has driven any SEC filings and insider transactions for your stocks about the GXGX investigation and your,... Or a Trap 38 $ on an extremely bullish forecast, price Target Headlines... And foresees that rising 79 percent YoY to $ 439 million in 2021, G2VP Chamath!
actc stock merger dateactc stock merger date