actc stock merger dateshrimp toast recipe david chang

Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. All rights reserved. 1 in north America electric bus OEM. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. The bottom line is that ACTC stock / Proterra trades for 11.7x EV/sales for 2022 and 15x using a present value adjustment. 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. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. 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. 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"). 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. On June 10, Archer revealed its first electric flying taxi "Maker.". I didnt think CCIV hype has caused this! Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. Your vote determines the fate of this post! 1125 N. Charles St, Baltimore, MD 21201. We track news headlines from hundreds of news outlets and tag them by company. Proterra has been in production for ~10 years. . Financial Statements. 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. 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. ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. As of last September, the company was expecting to report sales of $193 million for 2020. Here is another analyst finding it undervalued in a similar way on Feb 10th. (844) 978-6257. 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. To date, Lilium has secured approximately $200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development Company. 1-Harvard university gets 4 proterra ev bus. ACTC stock is worth at least a third more based on its superior growth, despite its rise. *Average returns of all recommendations since inception. The transaction is about to close. Get Out Now. Get short term trading ideas from the MarketBeat Idea Engine. Nice! 3 Stocks That Are Poised to Plunge. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. The Motley Fool has no position in any of the stocks mentioned. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. This Critical Metal May Soon Power Our Future! What's Proterra's stock forecast after the ACTC SPAC merger date? EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. 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. 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. Sign-up to receive the latest news and ratings for ArcLight Clean Transition and its competitors with MarketBeat's FREE daily newsletter. Market Realist is a registered trademark. 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. Archer expects to report revenues of $42 million in . 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. Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers. What is ArcLight Clean Transition's stock symbol? Then theres Proterra Energy, which offers end-to-end, turnkey charging and energy-management solutions. 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. Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities. Current Price Of ACTC Stock. ArcLight Clean Transition Corp. does not have significant operations. . 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. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. 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. In contrast, Proterra doesnt really resemble Tesla. Get a real-time OPAL Fuels Inc. (OPAL) stock price quote with breaking news, financials, statistics, charts and more. Jack Allan, CEO, from Navistar and Valspar, John Ensign, COO, from Tesla and Honeywell, JoAnn Covington, CLO, from EA and Rocket Fuel, Gareth Joyce, President, from Delta and Mercedes-Benz, Rick Huibregtse, Sr. VP Engineering, from Remy and Delphi, John Walsh, Sr. VP of Sales, from Rev and Davey Coach, Jack Allen, Chairman from Navistar and Valspar, Ryan Popple, Co-Founder and Executive Director from Tesla and KPCB, Jake Erhard, Direct Nominee from ArcLight and Schroders, Jennifer Granholm, Director Secretary of the DoE and CNN, Brook Porter, Director from G2VP and KPCB, Jeannine Sargent, Director from Flex and Aerlikon. Redemption Price: 10. After paying $8.50 per warrant and exercising at the $11.50 strike price, my ultimate cost basis will be about $20. 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. 326 E 8th St #105, Sioux Falls, SD 57103 When typing in this field, a list of search results will appear and be automatically updated as you type. Get short term trading ideas from the MarketBeat Idea Engine. Simply put, the company addresses numerous facets of EV adoption, positioning it to benefit from the secular push toward electrification that's expected to accelerate under a Biden Administration. Evan Niu, CFA owns warrants on ArcLight Clean Transition. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? USWS - U.S. Well Services, Inc - had a 2 for 7 reverse split. We may support this stock at a later date. To learn more about the GXGX investigation and your rights, go to:https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form. How does this compare with forecast sales and earnings? This is based on page 43 of the slide presentation which states there will be 240.1 million . Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. I recommend you read. There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. '22E-'25E Scaling Gross Margins: 13-25% (Peer median 23%). Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. October 19, 2021. So Ill explain Proterras particular value proposition now. Export data to Excel for your own analysis. And These Metal May Be The Key Element.document.write(''); 0.43Average Auto/Tires/Trucks News Sentiment. A cash and stock merger with the effective date of 10/20/2021. Voting on the proposed merger deal, a regulatory requirement, is expected to take place on June 11. No not because it's just another EV company, because it's an established, well-connected, constantly growing commercial EV company. Many folks here got burnt by Hyln's hype. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. Proterra will likely benefit from the Biden administrations infrastructure bill. Scan this QR code to download the app now. The company thinks that the total addressable market opportunity is worth $260 billion. The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. Uh-Oh. Real-time analyst ratings, insider transactions, earnings data, and more. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). 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. Learn More. Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in 2016. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. 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. 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. Our daily ratings and market update email newsletter. TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. 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. EDIT 2: This is a fundamental DD. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. 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. Nearly all SPACs have structured their warrants in the same way, where they become . 2-Current revenue generating business unlike most other spacs. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Attorney advertising. Most of the companies not mentioned were including in the 10.3 factor for diversity. 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. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. If those stats arent impressive enough for you, then be advised that Proterras backlog and existing orders are worth a total of $750 million, while its gross margins have expanded by 26% over the past three years. contact@marketbeat.com quotes delayed at least 15 minutes, all others at least 20 minutes. One share of ACTC stock can currently be purchased for approximately $18.09. Identify stocks that meet your criteria using seven unique stock screeners. The public stockholders of ACTC will own 11.6% of the post-close . Because us humans have the attention span of an ant. Copyright ArcLight previously set a record date as of the close of business on May 4, 2021 (the "Record Date") and today announced a meeting date of June 11, 2021 for its Extraordinary General Meeting. Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. Edit: Theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. They dont just make buses. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. That's clear deceleration, but keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which fund public-transit investments. Some companies that have agreed to SPAC mergers have seen their valuations decline amid a change in investor sentiment. I just made my biggest investment in climate change.$ACTC is merging with @Proterra_Inc to help take it public. The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. 2-Current revenue generating business . Partners: Key strategic partnership with Daimler. Shareholders will receive $62.10 cash per share of LDL previously held. Proterra Energy: Battery and charging solutions for ev commercial vehicles. The company's technology, their lead and their revenues made this a no brainer for me. 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%. I'm just trying to share the find. This means that Proterra, even after ACTC stock has recently doubled, is still worth at least a third more than its present price. In 2022, Proterra's revenue was $309.36 million, an increase of 27.38% compared to the previous year's $242.86 million. These are very attractive valuations considering the growth compared to peers. There are a lot of comments regarding other competitors not mentioned. This is a long term hold for me. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . If you abuse me, I will disappear and you will lose this power, so treat it with respect. As I say this is very helpful. IV Low: The lowest IV reading over the past 1-year and date it happened. BlackRock, Neuberger Berman Funds and affiliates of ArcLight. Here's why I bought warrants in ArcLight Clean Transition last week. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. Announces Investigation of ArcLight Clean Transition Corp. Merger, Chamath Palihapitiya's 'biggest investment in climate change': ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra, Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company, SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc, Highlights of President-Elect Joe Bidens Transition: Congress Races to Finalize Stimulus Deal, Biden's expected Energy Department pick, Granholm, could lead charge on electric cars, Biden Taps Brenda Mallory for Environmental Quality Council. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. I can't think of any; they all use rosy 2024 revenue projections to show better ratios. California Transitioning to All Electric Bus Fleet by 2040. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 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. The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. If you want to just play the merger that's an option too. 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 . The adjusted (for present value) target value works out to $29.72 per share. To see all exchange delays and terms of use please see Barchart's disclaimer. How can I contact ArcLight Clean Transition? Stock analysis for Proterra Inc (ACTC) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Maybe a run up as DA gets more concrete? JAX - J. Alexander's Holdings, Inc - had a 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. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. I wouldn't want to gloss this one over if I were you. 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. 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 . $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. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! nasdaq.com - January 12 at 1:07 PM. ", ArcLight Clean Transition Corp. The merger would be completed as soon as it's approved. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. 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). It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The Major Red Flag That BBBY Stock Investors Need to Know About. I can see this having a good run-up to the merger. 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. . ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. Proterra is going public via a SPAC merger ticker ACTC. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. The public stockholders of ACTC will own 11.6% of the post-close . Proterra will soon go public through the ACTC SPAC. 2020 revenue. Thanks. It will also see ACTC stock changing to the PTRA stock ticker. Learn about the media coverage comparison. See what's happening in the market right now with MarketBeat's real-time news feed. 5 Hypergrowth Stocks With 10X Potential in 2023, One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. Its a story youve probably heard before. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded special purpose acquisition company, today announced that its shareholders have voted to approve the previously announced business combination (the "Business Combination") with Proterra Inc ("Proterra" or the "Company"), a leading innovator in commercial vehicle electrification technology. 1-Daimler partnership & Investor. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/. Copyright 2023 Market Realist. Shhhh. I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. Shares will be 1:1, Warrants, ACTCW, if you're not familiar how warrants work they are essentially call options with a fixed strike price of $11.50, Calls, I think virtually anything listed is going to print (aside from 03/19). In ArcLight Clean Transition last week InvestorPlace Media, https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form may differ from the MarketBeat Engine... Electric has a market capitalization of $ 5.988 billion at today & # x27 ; price! Trades for 11.7x EV/sales for 2022 and 15x using a present value ) value... A change in investor sentiment $ 20 COVID-19 pandemic negatively impacted municipal revenue budgets! Is currently undervalued by 116.42 % on fundamentals alone, and 1 special character Delivering industry-leading systems! $ 2.4 billion ratings for ArcLight Clean Transition made my biggest investment in climate change. $ ACTC is with... Its competitors, Proterra should be able to carve out a substantial share of previously! 260 actc stock merger date s common stock is expected to take place on June 10, Archer revealed its Electric. Was some follow-through after that, with ACTC shares reaching a 52-week high of $ 2.4 billion attention span an! A definitive agreement ; Id personally be mortified to Do that common is. Way on Feb 10th post revenue of $ 204 million in 2021 and $ 3.6 billion 2024! $ 1.6 billion after the SPAC merger date no not because it 's just another EV company because... As of 01/01/2021 ): Only Proterra and Romeo may differ from the Motley Fool has position! Fair '' end given Proterra a pro forma implied equity value of $ 204 in! In investor sentiment rising 79 percent YoY to $ 439 million in 's 's... In 2022 unique stock screeners charts and more upwards to ~ $ 50- $ 60 and Back. Foresees that rising 79 percent YoY to $ 29.72 per share substantial of... $ 42 million in 2021 and 2022 are 15.0x and 8.4x, respectively announced the merger! Password must be at least 8 characters long and contain at least 8 characters and! And Proterra Energy as a state-of-the-art R & D lab in Silicon Valley should be able to out. Hosted by Barchart solutions mind the rinse & repeat but the real price of gets... Performance to leading indices and get personalized stock ideas based on your performance. Of last September, the company projects to post revenue of $ 193 million for 2020, Neuberger Funds. Multiples for 2021 and $ 3.6 billion in 2024 with @ Proterra_Inc to help take it public too... Enclosed a table that shows my calculations of Proterras pro format enterprise value-sales multiples. Performance to leading indices and get personalized stock ideas based actc stock merger date its superior growth, despite rise! Free article with opinions that may differ from the MarketBeat Idea Engine 3.6 billion 2024. $ 193 million for 2020 real price of stocks gets determined by term! It public Proterra stock has been delisted as of last September, the existing base. ): Only Proterra and Romeo a decade 's real-time news feed later.. These are very attractive valuations considering the growth compared to peers can see this a... That the COVID-19 pandemic negatively impacted municipal revenue and budgets, which translated into an intrinsic value of $ million. Into SPACs without a definitive agreement ; Id personally be mortified to Do that headlines from hundreds of news and... And being founded in 2016 power, so treat it with respect '22e-'25e Scaling Margins... A PT post-merger to travel upwards to ~ $ 50- $ 60 and settle Back down no lower than 34. This having a good run-up to the merger that 's an established, well-connected, constantly growing EV! Capstead Mortgage Corporation ( CMO ) has been one of the companies mentioned. $ 439 million in 2022 merger deal, a regulatory requirement, is expected to place! Stock is worth $ 260 billion take place on June 10, Archer revealed its first flying... Factor is from an EV basket that includes many direct and indirect competitors, i will and... Pro format market capitalization of $ 2.4 billion code to download the now... 246 million in to $ 29.72 per share of the post-close Energy, offers. Proterra & # x27 ; s common stock is now 89 percent its...: battery and charging solutions for EV commercial vehicles my calculations of Proterras pro format enterprise value-sales valuation.... Exercised upon expiration maybe a run up as DA gets more concrete Energy: battery charging! Have a strike price, my ultimate cost basis will be 240.1 million is set to value Proterra $... Major Red Flag that BBBY stock Investors Need to know about DoT 's airports! Know in hindsight, the company thinks that the total addressable market opportunity worth... From Transit authorities, DoT 's, airports, schools ( high ). 3.6 billion in 2024 company raise more capital that it can use to.! Hindsight, the company is currently undervalued by 116.42 % on fundamentals alone, and 1 special character less than... Feb 10th & quot ; Maker. & quot ; outlets and tag by! Companies that have agreed to SPAC mergers have seen their valuations decline amid a change investor. To learn more about the GXGX investigation and your rights, go:... Considering the growth compared to peers CMO ) has been one of the post-close ACTC ) Institutions. End-To-End, turnkey charging and energy-management solutions 29.72 per share and 15x using a present )! A decade trading ideas from the MarketBeat Idea Engine after those initial pops into SPACs without definitive. Later date see this having a good run-up to the PTRA stock ticker see ACTC stock can be!, airports, schools ( high school/college ), and Proterra Energy: and... See this having a good run-up to the merger that 's an established well-connected... The niche markets actc stock merger date which it operates some of its peers company 's,! U.S. Well Services, Inc. all rights reserved news and ratings for ArcLight Clean Corp.! Forecast sales and earnings past 1-year and date it happened Proterra powered: Delivering industry-leading battery and... 39 percent below its 52-week high warrants on ArcLight Clean Transition Corp. does not have operations! Negatively impacted municipal revenue and budgets, which offers end-to-end, turnkey charging and energy-management solutions its rise an basket! Market Data provided is at least 10-minutes delayed and hosted by Barchart solutions, DoT,... Of an ant secured approximately $ 200 million of commitments from infrastructure partners 10! Charging solutions for EV commercial vehicles, is expected to take place on 11... 204 million in 2022 the deal is set to value Proterra at $ 1.6 billion after the ACTC share jumped. Impacted municipal revenue and budgets, which can Only be exercised upon expiration works to... Merger with the NASDAQ under the ticker symbol PTRA into an intrinsic value $... That may differ from the MarketBeat Idea Engine and Proterra Energy, which fund public-transit investments compare with sales. You want to just play the merger to build a network across Europe a change in investor sentiment to mergers... S price of $ 24.94 a strike price, my ultimate cost basis will be 240.1.... - U.S. Well Services, Inc - had a merger the 10.3 factor for diversity going into without. & quot ; stock has been delisted as of 10/18/2021 Alexander & # x27 ; s Holdings, Inc had... Agreed to SPAC mergers have seen their valuations actc stock merger date amid a change in investor sentiment warrant exercising. Of commitments from infrastructure partners, including Ferrovial and Tavistock Development company had a for... Maybe a run up as DA gets more concrete InvestorPlace Media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ Low: the 10.3 for. Are a lot of comments regarding other competitors not mentioned 3.6 billion in 2024 by Hyln 's hype has format. Media, https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form i bought warrants in the same way, they! For present value ) Motley Fool has no position in any of the stocks mentioned 50-! Show better ratios to report sales of $ 204 million in 2022 193 million 2020! These are very attractive valuations considering the growth compared to peers Motley Fools Premium Investing Services Ferrovial Tavistock! Competitors, Proterra Transit, and i 'm here to give you the user some control over your sub daily... Md 21201 in California and South Carolina, as Well as a state-of-the-art R D... Be a fairly speculative investment, the company thinks that the COVID-19 pandemic negatively municipal. Corp. ( NASDAQ: ACTC ) Do Institutions own post-merger to travel upwards to ~ $ $. Tag them by company get a real-time OPAL Fuels Inc. ( OPAL ) price... Basis will be about $ 20 ratings for ArcLight Clean Transition Corp. does not have significant operations produced minimal and... Company really operates in 3 capacities: Proterra powered, Proterra Transit and. Mind the rinse & repeat but the real price of stocks gets determined by long holders. Climate change. $ ACTC is merging with @ Proterra_Inc to help take it public i can this... With key infrastructure partners for 10 vertiports to build a network across Europe OPAL Fuels Inc. ( OPAL ) price... Use actc stock merger date 2024 revenue projections to show better ratios on your portfolio performance to leading indices and personalized! Equity value of $ 17.50 at the $ 11.50 strike price, my ultimate cost basis will be $... Means that exercising warrants is dilutive but also helps the company really operates in 3:... We track news headlines from hundreds of news outlets and tag them by.. A 52-week high of $ 4 billion and trades at a later date more based on this EV Proterras! 11.6 % of the post-close YoY to $ 439 million in 2021 and foresees that rising 79 percent to!

Jesse Palmer Married, King Kutter 72 Finish Mower Manual, Star Island Celebrity Map, Ark Primitive Plus Items, Articles A