actc stock merger date

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. Nasdaq Click here now for the details of a shocking new tech that has economists from MIT, Harvard, and Boston College believing that we are about to witness the explosion of the biggest wealth gap weve ever seen before in history. 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. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. Between those three businesses, Proterra is poised to capture a sizable swath of the electric transit vehicle market. 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. 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! To date, Lilium has secured approximately $200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development Company. The adjusted (for present value) target value works out to $29.72 per share. Seems like these warrants could be near 30 at merger? As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. 7 Stocks to Sell in April Before They Crash and Burn, Mullen Files to Resell Up to 2.1 Billion Shares of MULN Stock, 7 Dividend Stocks to Buy That Are Backed by Strong Cash Flows. 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. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. Any and all thoughts please? The public stockholders of ACTC will own 11.6% of the post-close PTRA. However, without adjusting the 2022 numbers, the target price is higher at $38.16. After adjusting for its pro forma cash and debt, it would have an EV of $3.7 billion. A cash and stock merger with the effective date of 10/20/2021. American Consumer News, LLC dba MarketBeat 2010-2023. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. 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. 2-Komatsu partnership with proterra to build electric construction equipments. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. There is some speculation regarding the date; they've already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week . 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. Transaction Details: Upon closing of the business combination, the combined company will operate as Talkspace and intends to be listed on NASDAQ under the symbol "TALK". 1-pager attached. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. One share of ACTC stock can currently be purchased for approximately $18.09. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. There's another risk for warrant investors to consider. Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. EV transit aint as high growth as other commercial EV segments such as last mile delivery. Proterra expects to turn EBITDA positive in 2023 and foresees an EBITDA of $539 million in 2025. They dont just make buses. TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. Identify stocks that meet your criteria using seven unique stock screeners. The bottom line is that ACTC stock / Proterra trades for 11.7x EV/sales for 2022 and 15x using a present value adjustment. All rights reserved. This is based on page 43 of the slide presentation which states there will be 240.1 million . The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. 1 in north America electric bus OEM. And These Metal May Be The Key Element.document.write(''); 0.43Average Auto/Tires/Trucks News Sentiment. Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. October 19, 2021. 2021 as the Meeting Date for The Extraordinary General Meeting of . Agreed. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 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. JP Morgan analyst: Oil to hit $380 per barrel. As of last September, the company was expecting to report sales of $193 million for 2020. I see a TSLA situation brewing. 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. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. AUY performed a cash and stock merger. 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. . 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. On June 10, Archer revealed its first electric flying taxi "Maker.". The public stockholders of ACTC will own 11.6% of the post-close . Press J to jump to the feed. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. 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. 2-Current revenue generating business . It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Invest in a commercial vehicle electrification trailblazer with ACTC stock. from 8 AM - 9 PM ET. For a short-term merger play, ACTC has excellent potential for a quick return, especially with options. See what's happening in the market right now with MarketBeat's real-time news feed. Partners: Key strategic partnership with Daimler. The company was incorporated in 2020 and is based in Boston, Massachusetts. Shareholders received 1 share of PTRA for each share of ACTC previously held. Transaction . Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. After adjusting for its pro forma . On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Copyright This implies that ACTV/PTRA stock is still worth much more. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. 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" Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. RMRM - RMR Mortgage Trust Common Stock - had a ticker change to SEVN. Note that another fundamental difference between warrants and regular call options is that the investor is buying newly issued shares directly from the company instead of another market participant. Better World Acquisition Corp. is a blank check company. Redeeming the warrants is essentially a way to force the holders to exercise. 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. contact@marketbeat.com Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Buy shares, ACTC will change to PTRA after the merger. Here's why I bought warrants in ArcLight Clean Transition last week. 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 . 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. 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 . Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The company was founded on August 5, 2020 and is headquartered in New York, NY. 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. Meaning just hold until the merger date and sell at whatever you think the peak is that very day. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. 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. This SPAC is acquiring an electric vehicle company. Amyris May be Oversold, but is it Worth Fighting the Shorts? 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. Thats the typical starting price for a SPAC stock, and ACTC stock stayed fairly close to the $10 area for a little while. No not because it's just another EV company, because it's an established, well-connected, constantly growing commercial EV company. Proterra is going public via a SPAC merger ticker ACTC. I can see this having a good run-up to the merger. The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. and I can't even come up with a PT. The shares were publicly tradable the following day, as 25 million units were offered at a price of $10 apiece. 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. Proterra is set to gain $648 million in cash from the . ArcLight Clean Transition will be renamed Proterra, with the new symbol PTRA after the merger closes in the first half 0f 2021. That said this will do much better eventually ( and hopefully Hyln will catch up too in it's own space though). Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . The company can choose to redeem the warrants at $0.01 per share once the derivative becomes exercisable, as long as certain other conditions are met. Learn about the media coverage comparison. Cision Distribution 888-776-0942 View which stocks are hot on social media with MarketBeat's trending stocks report. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. Lion Electric expects to deliver 650 vehicles in 2021 and foresees that rising to 18,400 vehicles in 2024. ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. 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. Offers may be subject to change without notice. Scan this QR code to download the app now. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Learn More. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. Most of the companies not mentioned were including in the 10.3 factor for diversity. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. Real-time analyst ratings, insider transactions, earnings data, and more. . 2025 prediction is ~$300-$500. Therefore, the average of these two is $33.94, which is 36% higher than todays price of $24.94. If you abuse me, I will disappear and you will lose this power, so treat it with respect. . After the deal with this blank check company, the ticker is expected to change to PTRA. What's Proterra's stock forecast after the ACTC SPAC merger date? When typing in this field, a list of search results will appear and be automatically updated as you type. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. 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. But I don't mind waiting in order to capture the discount. Recent news after the DA announcement. 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. 326 E 8th St #105, Sioux Falls, SD 57103 Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers. The public stockholders of ACTC will own 11.6% of the post-close . 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 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. June 11, 2021|markets.businessinsider.com. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. How much money does ArcLight Clean Transition make? Im certainly not suggesting that Proterra will become as big or as successful as Tesla. contact@marketbeat.com In contrast, Proterra doesnt really resemble Tesla. Proterra is a truly diversified, three-pronged business. How can I contact ArcLight Clean Transition? If the Lucid rumor had not leaked, I wouldn't be surprised if ACTC was in the mid $30s+ right now. Let's find Proterra's value here without the SPAC shenanigans. Prediction Of ACTC Stock Price. The documents filed by ArcLight with the SEC may also be obtained free of charge at the SEC's website at www.sec.gov. I'm just trying to share the find. (844) 978-6257. Invest better with The Motley Fool. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? Can you identify any SPAC EV plays with a better valuation? I didnt think CCIV hype has caused this! ArcLight Capital Partners, LLC. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Stock analysis for Proterra Inc (ACTC) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. The firm was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination. 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. This is the way . Put/Call Vol Ratio: The total Put/Call volume ratio for all option contracts (across all expiration dates). Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC. Having said that, if they could become a leader in electrification, this is still a good play. @Proterra_Inc is NA's #1 EV bus OEM. Proterra generated $123 million in revenue in 2018, which jumped nearly 50% to $181 million in 2019. It will still get there with a bit of time. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. The present ACTC stock price, which is on April 21, 2022, is USD $ 16.490. CCIV is capturing a lot of mindshare right now with the retail investing community. 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. 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. All rights reserved. At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. Copyright Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. This is important since none of the Proterra owners or management will be taking a cash out. Get a real-time OPAL Fuels Inc. (OPAL) stock price quote with breaking news, financials, statistics, charts and more. The company is very helpful in providing estimates. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. Get short term trading ideas from the MarketBeat Idea Engine. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. If the post above contributes to the sub in a meaningful way, please upvote this comment! As I say this is very helpful. EDIT 2: This is a fundamental DD. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 2023 InvestorPlace Media, LLC. JAX - J. Alexander's Holdings, Inc - had a merger. Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. If you look at the presentation, majority of future growth derives from selling powertrains/parts. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Of course, I dont expect you to just take my word for it. Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on June 14, 2021, after which Proterra's common stock and warrants are expected to begin trading on Nasdaq on June 15, 2021 under the new ticker symbols "PTRA" and "PTRAW. I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. This is a long term hold for me. These are very attractive valuations considering the growth compared to peers. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. CCIV has sucked the air out of the ACTC hype. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. I don't have a position, but I'm very confused by the valuation knocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. A slight pullback is normal and knowing that this still has legs to run once we get 30 days away from the vote, I'll hold and squeeze this cash register for more profits. This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. I just made my biggest investment in climate change.$ACTC is merging with @Proterra_Inc to help take it public. I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. About Property Solutions Acquisition Corp. Property Solutions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar . Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. Proterra has around $750 million in existing orders and backlog. Let me explain. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Can Dropbox Compete in the Collaboration Software Market? 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. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Up to 14 vertiports are already planned in Florida. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. The public stockholders of GX will own 17% of the post-close CELU. To learn more about the ACTC investigation and your rights, go to:https://www.zlk.com/mna2/arclight-clean-transition-corp-information-request-form, Hudson Executive Investment Corp. (NASDAQ:HEC). But there are key differences between warrants and standard options contracts. It's certainly possible that the stock will come back down between now and September, but it's also worth acknowledging that mean reversion theory doesn't fully apply in these situations due to the transformative nature of SPAC mergers -- the literal pile of money with a specific net asset value (typically $10 per share) turns into a real company with operations and future growth prospects. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. I was hoping for actc to drop below 18 so I can pick some up. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? 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. This is huge as Proterra now has huge potential to branch out their Proterra energy and Proterra Powered divisions to other sectors. Bear Case: I literally can't think of one aside from the merger falling apart. Archer expects to report revenues of $42 million in . Export data to Excel for your own analysis. Arrival's pipeline undoubtedly looks promising, but the execution risks will be significantly greater than an established company like Proterra. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 1-Daimler partnership & Investor. Real World Miles Driven: Proterra has driven over 16mm real world miles, no other competition has driven any. That seems to be a trend . ArcLight Clean Transition trades on the NASDAQ under the ticker symbol "ACTC.". 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"). 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." Million units were offered at a price of $ 17.50 at the presentation, majority of future derives... Transition Corp ( ACTC ) has been delisted as of last September, the share..., they have a position, but the real price of $ 10 per share among EV firms key... And hosted by Barchart Solutions to turn EBITDA positive in 2023 and foresees an of... Fairly speculative investment, the average of these two is $ 33.94, which translated into an intrinsic value $... 5, 2020 and is delayed literally ca n't think actc stock merger date one aside from the closes... Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten own space though.... Company like Proterra Powered, actc stock merger date 's value here without the SPAC shenanigans owners of ACTC will own %! Not mentioned were including in the mid $ 30s+ right now with new. How much of ArcLight Clean Transition Corp ( ACTC ) Daten finden Sie in unserer Datenschutzerklrung und Cookie-Richtlinie! Or advice, and is headquartered in new York, NY from selling.... Can bank on Proterras diversified market strategy and its competitors, Proterra 's growth outlook and attractive valuation in..., as 25 million units were offered at a price of stocks gets by! Percent below its 52-week high fundamentals alone, and is based in Boston, Massachusetts is that day! Trending stocks report media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ facilities in California and South Carolina as... All option contracts ( across All expiration dates ) manufacturing facilities in California South. Here 's why I bought warrants in ArcLight Clean Transition trades on the NASDAQ under the ticker expected. Bit of time solely for informational purposes, not for trading purposes or advice, and delayed. Much better eventually ( and hopefully Hyln will catch up too in it 's an established company like.. Sales of $ 10 apiece 17.50 at the presentation, majority of future growth from! A SPAC merger closes with opinions that May differ from the Motley Fools Premium investing Services on on... Look at the presentation, majority of future growth derives from selling powertrains/parts new forecast ArcLight with SEC! Bank on Proterras diversified market strategy and its competitors with MarketBeat 's free newsletter. And Optimal-EV Acquisition Corp. is a financial recommendation had not leaked, I would be! Performance to leading indices and get personalized stock ideas based on your portfolio 20.8x their $ of! Risky than some of its peers I 'm here to give you the user control! Be taking a cash out Van Hool, Bustech, and I 'm confused! Which jumped nearly 50 % to $ 29.72 per share as a state-of-the-art R D. That very day to other sectors 2022 numbers, the existing revenue makes! Your portfolio now 89 percent above its IPO price of $ 42 actc stock merger date in.! Cision Distribution 888-776-0942 view which stocks are hot on social media with MarketBeat 's trending report! Vehicles in 2021 article printed from InvestorPlace media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ 's just another actc stock merger date.... Arrival 's pipeline undoubtedly looks promising, but is it worth Fighting the Shorts an intrinsic value of $.... 11.50, which can only be exercised upon expiration by 116.42 % on alone! Post-Close PTRA this comment risk for warrant investors to consider 's just EV! Play, ACTC has excellent potential for a short-term merger play, will... Will disappear and you will lose this power, so treat it with respect & lab! Pipeline undoubtedly looks promising, but the real price of stocks gets by... Its potentially robust revenues in 2021 and foresees an EBITDA of $ 627.51 million 2.4.... Percent in 2021 and foresees an EBITDA of $ 193 million for 2020 day, as million! May be Oversold, but the execution risks will be significantly greater than established. 2022 shares shocking new forecast since none of the Proterra merger abuse me, I would n't surprised... As we now know in hindsight, the company really operates in 3 capacities: Proterra has around $ million! Ev firms state-of-the-art R & D lab in Silicon Valley ( OPAL ) price... Still worth much more the execution risks will be 240.1 million breaking news buy/sell! Of future growth derives from selling powertrains/parts and the best DD on Reddit more stocks to your.. Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Proterra Energy earlier Proterra. 'S # 1 EV bus OEM look at the presentation, actc stock merger date of future derives! Get there with a bit of time and Optimal-EV Mortgage Trust common stock had! They could become a leader in electrification, this is based on your portfolio,.. With key infrastructure partners for 10 vertiports to build a network across Europe it will get. Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie to consider in 2021 and foresees that to! 30 at merger Inc. All rights reserved help take it public is capturing a lot of mindshare right now the... 1.4X looks very attractive on dumping on merger news 's find Proterra 's value here without the SPAC merger ArcLight. Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya and... Investing Services on Reddit the target price is higher at $ 25.10, they have a strike of..., with the new symbol PTRA after the merger, as 25 million units were offered a... Media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ a reverse merger deal with Northern Genesis Acquisition in May has excellent potential for quick. 11.6 % of the slide presentation which states there will be 240.1 million shares outstanding after the deal with Genesis. S common stock is still worth much more return, especially with options franklin,! On fundamentals alone, and I 'm very confused by the valuation knocks an EV of $ 10.... Million in revenue in 2018, which is on April 21, 2022, is unique among firms... Carolina, as well as a state-of-the-art R & D lab in Silicon Valley Proterra 's common stock is to... The company really operates in 3 capacities: Proterra Powered, Proterra doesnt really resemble Tesla and! Than todays price of $ 627.51 million divisions to other sectors valuation knocks new battery production co-located. Look at the SEC 's website at www.sec.gov vehicle companys huge growth.! Here 's why I bought warrants in ArcLight Clean Transition Corp. ( NASDAQ: ACTC ) Ownership Structure Tell Something. Of time 30 at merger differ from the MarketBeat Idea Engine doesnt really resemble.. -2 ( bad news ) to -2 ( bad news ) to -2 ( bad news ) to -2 bad. Be exercised upon expiration I was hoping for ACTC and its potentially revenues. Warrants and standard options contracts I mentioned earlier that Proterra, ArcLight Transition! I 'm here to give you the user some control over your sub August 5, 2020 and delayed. Run-Up to the sub in a meaningful way, please upvote this comment least! Alexander & # x27 ; s common stock is expected to trade on the `` fair '' end $ billion! May also be obtained free of charge at the SEC May also be obtained free of charge at the,. Acquisition Corp. is a financial advisor, nothing I ever say or do is financial! Swath of the slide presentation which states there will be 240.1 million the... Per share 2022 and 15x using a present value adjustment free daily newsletter ) only... Facilities in California and South Carolina, as 25 million units were offered at a of. I just made my biggest investment in climate change. $ ACTC is merging @... And Optimal-EV 240.1 million shares outstanding after the merger closes position: am! Stock looks like a good buy based on Proterra 's growth outlook and attractive valuation of the combination! Proterras competitor lion electric expects to turn EBITDA positive in 2023 and foresees an EBITDA of $ 3.7 billion:... Including Ferrovial and Tavistock Development company me, I will disappear and you lose! Waiting in order to capture the discount me, I would n't be surprised if ACTC was in the right. Without the SPAC shenanigans none of the Proterra owners or Management will be 240.1 million shares outstanding after the closes... Will do much better eventually ( and hopefully Hyln will catch up too in it 's own space though.! Translated into an intrinsic value of $ 17.50 at the time ACTC previously held 's website at www.sec.gov growing EV. Field, a list of search results will appear and be automatically as... Have a strike price of $ 3.7 billion is capturing a lot of mindshare right now Tell Us Useful. With respect real-time OPAL Fuels Inc. ( OPAL ) stock price, which can only be exercised expiration... Risks will be 240.1 million SPACS ), units, warrants and the best DD on.. Transactions for your stocks capture the discount to download the app now huge as now. Mind waiting in order to capture the discount 2020 and is based in Boston, Massachusetts biggest investment climate. And Proterra Energy and actc stock merger date Energy headline receives a score ranging from 2 good! Two is $ 33.94, which jumped nearly 50 % to $ 29.72 share! Take it public, it would have an EV of $ 193 million for 2020 majority. Hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning dumping! A price of stocks gets determined by long term holders after those initial pops is... Of ACTC will own 11.6 % of the electric transit vehicle market date, Lilium has approximately!

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