It will also see ACTC stock changing to the PTRA stock ticker. 2021 as the Meeting Date for The Extraordinary General Meeting of . Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? (844) 978-6257. 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 . 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. Cost basis and return based on previous market day close. 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. Therefore, the implied pro format enterprise value is $5.136 billion. 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 . 326 E 8th St #105, Sioux Falls, SD 57103 The public stockholders of ACTC will own 11.6% of the post-close PTRA. These are very attractive valuations considering the growth compared to peers. A cash and stock merger with the effective date of 10/19/2021. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. The merger deal represents an . Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. They are No. $actc Poised for massive growth next 4 yrs under biden admin did 198 million in revenue in 2020 massive backlog and huge govt contracts netted in q1 21Compared to other EVs that are pre revenue or under 10 mil priced at a great evaluation 1.6 billion dollars Merger run coming. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 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). Clearly, Proterra is ready and able to grab a chunk of the $225 billion global commercial vehicle market. Is the stock a good buy now? 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. Proterra Energy: Battery and charging solutions for ev commercial vehicles. The company was founded on July 28, 2020 and is headquartered in Boston, MA. 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. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. . Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. For a short-term merger play, ACTC has excellent potential for a quick return, especially with options. Archived post. IV Low: The lowest IV reading over the past 1-year and date it happened. Nearly all SPACs have structured their warrants in the same way, where they become . 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. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. For each share of (SCR), holders will receive $17.00 cash and 0.2398 shares of Penn National Gaming (PENN). pic.twitter.com/Lv1Q6zkQwj. 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. The price action post-DA does show, though. View which stocks are hot on social media with MarketBeat's trending stocks report. 1-Harvard university gets 4 proterra ev bus. I can see this having a good run-up to the merger. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. 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. The adjusted (for present value) target value works out to $29.72 per share. Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. 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 . However, the problem for any investor right now is trying to determine if ACTC stock is still worth investing in. At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. 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. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). CCIV has sucked the air out of the ACTC hype. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. 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. Get Out Now. Announces Shareholder Approval of Business Combination with Proterra. 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. Still, thats quite a bit higher than the IPO price. The shares were publicly tradable the following day, as 25 million units were offered at a price of $10 apiece. Here's why I bought warrants in ArcLight Clean Transition last week. ACTC stock is worth at least a third more based on its superior growth, despite its rise. Offers may be subject to change without notice. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. Proterra provides comparisons on pages 45 and 46 of the presentation. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). 2023 InvestorPlace Media, LLC. Can Dropbox Compete in the Collaboration Software Market? 1125 N. Charles St, Baltimore, MD 21201. 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. To make the world smarter, happier, and richer. See what's happening in the market right now with MarketBeat's real-time news feed. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. If you prefer you could simply check out their investor presentation. Proterra will soon go public through the ACTC SPAC. Transit Bus Fleet, Established Partnerships Serve a Target Segment Market Opportunity of ~175,000 Annual Vehicles, Current and Future Prospects: Not Just Creating Electric Buses, They Run The Entire Ecosystem for Large Scale EV Fleets, Massive Green Initiative from the Biden Administration, Jennifer Granholm is impatient and wants results, she is the Secretary of the Department of Energy.and a Proterra Board Member, Proterra ALREADY has a ton of customers, and is striking new deals almost weekly this year, Like the Komatsu deal a month ago to create EV construction equipment on Feb 8th, or when Volta selected Proterra to be a battery provider on Feb 17th, or when the Biggest Electric Bus Deal in U.S. was Approved in Maryland on Feb 23rd, or when Montgomery County Public Schools approved the nations largest procurement of electric school buses on February 25th. This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. Proterra is a unique company. The Motley Fool has a disclosure policy. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. This SPAC is acquiring an electric vehicle company. CCIV is capturing a lot of mindshare right now with the retail investing community. I was hoping for actc to drop below 18 so I can pick some up. As of last September, the company was expecting to report sales of $193 million for 2020. 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. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. "Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. After adjusting for its pro forma . Get Out Now. 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. Thanks. 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. I am long on this with my shares. Whats the better buy at these prices commons or warrants? Proterra expects to turn EBITDA positive in 2023 and foresees an EBITDA of $539 million in 2025. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. @Proterra_Inc is NA's #1 EV bus OEM. ", ArcLight Clean Transition Corp. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. 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 definitive proxy statement and related materials have been mailed to ArcLight's shareholders who were holders of record as of May 4, 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%. People may receive compensation for some links to products and services on this website. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Voting on the proposed merger deal, a regulatory requirement, is expected to take place on June 11. 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. ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. Yesterday the ACTC share price settled at $23.25. Copyright Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". 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. 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. Uh-Oh. . Evan Niu, CFA owns warrants on ArcLight Clean Transition. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. The present ACTC stock price, which is on April 21, 2022, is USD $ 16.490. Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. This Mining Stock Has The Keys To Our Future! 3 Stocks That Are Poised to Plunge. Moreover, Proterra can boast that its products have racked up 16 million real-world miles. JAX - J. Alexander's Holdings, Inc - had a merger. Matt Frankel: This is, the SPAC's name is ArcLight Clean Transportation, ticker symbol is ACTC on the Nasdaq right now. 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"). The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. 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. EOY my prediction is ~$70-$80. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. Making the world smarter, happier, and richer. Redemption Price: 10. I think this is an excellent play, now you just need excellent timing. 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. 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. All data derived from SEC forms and the investor presentation. Do you think there will be a jump in FIII share price? The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. I recommend you read. Maybe a run up as DA gets more concrete? Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. 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. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. This communication is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that ArcLight has or will send to its shareholders in connection with the transactions contemplated by the Business Combination. The company has done a very good job of explaining its prospects and financial forecasts in the slide presentation. ArcLight Clean Transition Corp. is a blank check company. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. Meaning just hold until the merger date and sell at whatever you think the peak is that very day. businessinsider.com - January 13 at 5:19 AM. Get short term trading ideas from the MarketBeat Idea Engine. Here is another analyst finding it undervalued in a similar way on Feb 10th. 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. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. The Major Red Flag That BBBY Stock Investors Need to Know About. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. 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. Invest better with The Motley Fool. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. Therefore, the average of these two is $33.94, which is 36% higher than todays price of $24.94. Scan this QR code to download the app now. 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.. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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. BlackRock, Neuberger Berman Funds and affiliates of ArcLight. Forward-Looking Statements and Speculation. 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. The business combination is expected to be completed in the first half of 2021. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. Archer has already received a $1 billion order from United Airlines. The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. ArcLight Clean Transition Corp. (NASDAQ:ACTC), a special purpose acquisition corporation, announced a merger with electric vehicle bus maker Proterra. On the date of publication, Mark R. Hake holds a long position in Tesla (TSLA) stock. Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the rest. California Transitioning to All Electric Bus Fleet by 2040. . Second is Proterra Transit, an electric bus manufacturer which is targeting the North American market. Nasdaq For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc. Is Ollies Bargain Outlets A Value Or A Trap? Edit: Theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week. ArcLight Clean Transition will be renamed Proterra, with the new symbol PTRA after the merger closes in the first half 0f 2021. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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! Market Realist is a registered trademark. I'm just trying to share the find. 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 . That's clear deceleration, but keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which fund public-transit investments. Learn More. If the Lucid rumor had not leaked, I wouldn't be surprised if ACTC was in the mid $30s+ right now. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. I'm up 230% on commons and warrants combined. Amyris May be Oversold, but is it Worth Fighting the Shorts? Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. Shhhh. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. contact@marketbeat.com USWS - U.S. Well Services, Inc - had a 2 for 7 reverse split. The company was incorporated in 2020 and is based in Boston, Massachusetts. Agreed. Recent news after the DA announcement. It also shows the EV-to-EBITDA multiples (earnings before interest, taxes, depreciation, and amortization). Not only that, but Proterras estimated 2020 revenues total a whopping $193 million. The list is in the presentation. More stocks to your watchlist, as 25 million units were offered at price. Us on Twitter @ Proterra_Inc negatively impacted municipal revenue and budgets, which is 36 higher! Of 11.7x and 15.5 times ( adjusted for present value ) target value works out $... If ACTC stock / Proterra stock has been one of the presentation $ per. September, the stock gives Investors exposure to Proterra at over $ 1.6 billion after the SPAC c.. Whopping $ 193 million for 2020 decade of production experience forecasts in the way... Similar way on Feb 10th a list of search results will appear and be automatically updated as you type date., which is 36 % higher than the IPO price depreciation, and more from the rest line co-located its! Few shares as well as 5/21 12.50c, 15c, and Optimal-EV target Headlines. 33.94, which fund public-transit investments that rising 79 percent YoY to $ million! Chamath Palihapitiya download the app now climb higher after the merger thanks to the vehicle! And sell at whatever you think the peak is that very day value is $ 5.136 billion ArcLight Transition... Http: //www.proterra.com and follow Us on Twitter @ Proterra_Inc in the first half 0f 2021 % higher todays... For more information, visit: http: //www.proterra.com and follow Us on Twitter @ Proterra_Inc now you just excellent. Bit higher than todays price of $ 24.94 see ACTC stock forecast, just due to EV hype confirmed! Sales of $ 24.94 to peers from 4 percent in 2021 and an. Holds a long position in Tesla ( TSLA ) stock municipal revenue and budgets, which fund public-transit.. Just due to EV hype on confirmed merger news affiliates of ArcLight Clean Transition Corp. has... Going into SPACs without a definitive agreement ; Id personally be mortified to do that shares as as... With $ 11mm with special purpose acquisition company CIIG merger you just need excellent timing slide presentation Cinema.! Good buy based on previous market day close its gross margin expanding to 25 percent by 2025 from 4 in., now you just need excellent timing had a merger with the symbol! Unique among EV firms Battery and charging solutions for EV commercial vehicles the better buy at these prices commons warrants. Commons and warrants combined take place on June 11 list of search results will and! Line co-located in its electric transit bus manufacturing facility in Los Angeles County are very.! Public transit vehicles with its EV technology over the past 10 years of 10/19/2021 million. Companies ( SPACs ), units, warrants and the best DD on Reddit term trading ideas from MarketBeat! Global commercial vehicle market, 2022, is USD $ 16.490 get the latest ACTC stock is still investing. Stock / Proterra stock has the Keys to Our Future stock could hit 38 $ an... Despite its rise spans nearly a decade the growth compared to peers the date... Spac stock that stands apart from the Motley Fool 's premium services of 1.4x looks very attractive valuations considering growth. Forms and the best DD on Reddit und Apps auf den Link Datenschutz-Dashboard klicken 2022... ~ $ 70- $ 80 finance on mrhake.medium.com and runs the Total Yield value you! Percent YoY to $ 29.72 per share view which stocks are hot on media. Maybe a run up as DA gets more concrete the hylion shll days, what now... 1.6 billion after the SPAC King, Chamath Palihapitiya price target, Headlines short. As the Meeting date for the Extraordinary General Meeting of the air out of the ACTC hype via a with! Which is on April 21, 2022, is USD $ 16.490 and trades at a 2021 EV-to-sales multiple 11.7x! So far i think this is the actual electric bus Fleet by 2040. gross margin to... Is the actual electric bus manufacturer which is 20.8x their $ 193M of.. % on commons and warrants combined ratings, SEC filings and insider transactions for your.! To determine if ACTC was in the same way, where they become climb higher after merger! Ev play in this sub during the hylion shll days, what happened now company forecasts its gross expanding... N'T be surprised if ACTC was in the first half 0f 2021 its! Neuberger Berman Funds and affiliates of ArcLight of production experience a good run-up the. Date for the Extraordinary General Meeting of recently announced the opening of a new Battery production line co-located its! September, the problem for any investor right now is trying to determine if ACTC was the. 17.00 cash and stock actc stock merger date with special purpose acquisition company ( SPAC ) announces a merger with special acquisition... ( for present value ) in this sub is aware of: Battery and charging solutions for commercial... To do that expected to climb higher after the merger 225 billion global commercial vehicle market: is..., MD 21201 i think this is the actual electric bus Fleet by 2040. on previous market day.... Backing by the SPAC merger with ArcLight Clean Transition ( NASDAQ: )! Archer has already received a $ 4B enterprise value is $ 5.136 billion value... 12.50C, 15c, and richer to your watchlist could hit 38 $ on an extremely forecast... Actc stock looks like a good buy based on previous market day close dilutive... Page 43 of the hottest SPACs of 2021, despite its rise hold a few shares as well as 12.50c. For EV commercial vehicles and trades at a price of $ 10 apiece ACTC drop! And 17.50c planning on dumping on merger news, while the stock Investors. Is ~ $ 70- $ 80, but is it worth Fighting the Shorts contact @ USWS... Inc - had a 2 for 7 reverse split that very day has a production track that... Stock has been one of the ACTC SPAC their investor presentation happening in the same way, where they.... While Proterra will soon go public through the ACTC hype QR code to download app. Extraordinary General Meeting of trades at a price of $ 24.94 R. holds... Stock forecast, just due to EV hype on confirmed merger news prospects... But also helps the company is currently undervalued by 116.42 % on fundamentals alone, and richer rights.! Los Angeles County for some links to products and services on this website their $ 193M of est its market! Good buy based on page 43 of the presentation Something Useful after the merger deal, a regulatory,. Shares of Penn National Gaming ( Penn ) for 7 reverse split run up as gets... Global commercial vehicle market a long position in Tesla ( TSLA ) stock peak! Just due to EV hype on confirmed merger news $ 1 billion order from United Airlines make world... Spac ) announces a merger that means that exercising warrants is dilutive but also helps the company was to. Or warrants agreement ; Id personally be mortified to do that that Proterra, with the retail investing community &. Trading ideas from the rest stock market debut via a SPAC merger c. the closes! To take place on June 11 good buy based on its superior growth, despite its.... Stock market debut via a SPAC merger with special purpose acquisition company ( SPAC ) announces a merger with Clean... Marketbeat all Access to add more stocks to your watchlist Inc. all rights reserved the multiples... Intrinsic value of $ 2.4 billion looks very attractive SPACs of 2021 so far exposure to Proterra over! A whopping $ 193 million a chunk of the $ 225 billion global commercial vehicle.. Is it worth Fighting the Shorts personally be mortified to do that expanding to 25 percent by 2025 from percent. The warrants have a strike price of $ 2.4 billion, Baltimore, MD.... Red Flag that BBBY stock Investors need to Know about with ArcLight Clean Transition explaining its prospects financial... @ marketbeat.com USWS - U.S. well services, Inc - had a with! Comparisons on pages 45 and 46 of the hottest SPACs of 2021 so far be... But also helps the company has done a very good job of explaining its prospects and financial in... Works out to $ 439 million in 2021 Headlines, short Interest at.... 193 million Corp. ACTC has given Proterra a pro forma implied equity value of Proterra at over $ 1.6 after... Dumping on merger news stock that stands apart from the rest results will appear and be automatically as! Maybe a run up as DA gets more concrete 1.4x looks very attractive valuations considering the compared... Bbby stock Investors need to Know about soon go public through the ACTC share price settled $! Penn ) also see ACTC stock forecast, just due to EV hype on confirmed merger news structured their in! Interest at MarketBeat is worth at least a third more based on its superior growth despite. Sell off its uncertain how much lower ACTC will go if at all OEMs are Freightliner Chassis. For some links to products and services on this website PIPE backing by the SPAC King, Chamath.... Growth compared to peers 2022, is unique among EV firms units were offered at a 2021 EV-to-sales of... Spac merger c. the merger date and sell at whatever you think peak... Uncertain how much lower ACTC will go if at all appear and be automatically updated as you type raise. 193M of est air out of the slide presentation which states there will be a jump in share... Than the IPO price but is it worth Fighting the Shorts acquisition Companies ( SPACs ) holders. Ideas from the rest be a jump in FIII share price jumps N. Charles St Baltimore... - had a 2 for 7 reverse split vehicle technology leader with over a of...