Identify stocks that meet your criteria using seven unique stock screeners. I wouldn't want to gloss this one over if I were you. A high put/call ratio can signify the market is oversold as more traders are buying puts . 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" 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 . IV Low: The lowest IV reading over the past 1-year and date it happened. With a long-time horizon for my Proterra investment, I don't mind waiting to exercise them while monitoring for a redemption announcement. Nearly all SPACs have structured their warrants in the same way, where they become . The detail page will show you the real-time trend, you can click into the MSN Money website for more details The merger would be completed as soon as it's approved. Its a story youve probably heard before. To learn more about the HEC investigation and your rights, go to:https://www.zlk.com/mna2/hudson-executive-investment-corp-information-request-form, GX Acquisition Corp. ("GX" or the "Company") (NASDAQ:GXGX). Proterra expects to turn EBITDA positive in 2023 and foresees an EBITDA of $539 million in 2025. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. View which stocks are hot on social media with MarketBeat's trending stocks report. Proterra provides comparisons on pages 45 and 46 of the presentation. Jan 12 (Reuters) - Proterra Inc on Tuesday agreed to go public through a merger with ArcLight Clean Transition Corp ACTC.O, in a deal valued at $1.6 billion, including debt, joining several . Daimler, the largest manufacturer of commercial vehicles in the world, is already a customer and investor in Proterra after the German automaker co-led a $155 million investment round back in 2018. Any and all thoughts please? The second place competition (Romeo) is still lagging far behind Proterra. At the merger's announcement in November 2020, the U.K. company had an order backlog worth . Is Ollies Bargain Outlets A Value Or A Trap? Proterra has been in production for ~10 years. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. Nasdaq Press J to jump to the feed. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Between 2020 and 2025, Proterra expects its revenue to grow 68 percent compounded annually. Export data to Excel for your own analysis. The company is very helpful in providing estimates. I'm just trying to share the find. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . I can't be the only one who plays post DA strategy right? As of last September, the company was expecting to report sales of $193 million for 2020. Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. If you abuse me, I will disappear and you will lose this power, so treat it with respect. After adjusting for its pro forma . ArcLight Capital Partners, LLC. With industry- leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. The public stockholders of GX will own 17% of the post-close CELU. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Create an account to follow your favorite communities and start taking part in conversations. 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. Copyright High Voltage System Components and Integration (Junction Boxes, Thermal Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers). 3-$246 million projected revenue for 2021. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Learn about the media coverage comparison. 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). 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. ACTC stock now has pro format market capitalization of $5.988 billion at todays price of $24.94. ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. 5 Hypergrowth Stocks With 10X Potential in 2023, announced its initial public offering (IPO), One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. I recommend you read. Evan Niu, CFA owns warrants on ArcLight Clean Transition. 2-Current revenue generating business . View which stocks are hot on social media with MarketBeat's trending stocks report. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value. Get Out Now. Copyright 2023 Market Realist. Proterra has generated strong results to date, including $193 million of expected 2020 revenue, $750 million in existing orders and backlog and 26% gross margin expansion over the last three years. We may support this stock at a later date. Amyris May be Oversold, but is it Worth Fighting the Shorts? The company said that it has sold over 1,000 electric buses nationwide. Since the merger with Proterra has already been announced and should close within a few months, the warrants won't become exercisable until late September 2021 (a year after ArcLight closed its IPO). This is important since none of the Proterra owners or management will be taking a cash out. 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. The Motley Fool has a disclosure policy. Uh-Oh. CCIV is capturing a lot of mindshare right now with the retail investing community. ArcLight Clean Transition trades on the NASDAQ under the ticker symbol "ACTC.". I'm up 230% on commons and warrants combined. Proterra Energy: Battery and charging solutions for ev commercial vehicles. This price couldnt be maintained, however, as ACTC stock then started to fizzle out. stock forecast after the ACTC SPAC merger. contact@marketbeat.com This is a long term hold for me. They dont just make buses. Real-time analyst ratings, insider transactions, earnings data, and more. If you look at the presentation, majority of future growth derives from selling powertrains/parts. Proterra stock is set to trade on the Nasdaq under the new ticker symbol PTRA.. 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 company was founded on August 5, 2020 and is headquartered in New York, NY. I led the $415M PIPE. EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. EV transit aint as high growth as other commercial EV segments such as last mile delivery. https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. Meanwhile, at ACTCs current stock price, Proterra is valued at around $4.5 billion. 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. TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. Get short term trading ideas from the MarketBeat Idea Engine. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. 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. The list is in the presentation. ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. Invest in a commercial vehicle electrification trailblazer with ACTC stock. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. I believe it is by at least 36%, and the rest of this article will show why. @Proterra_Inc is NA's #1 EV bus OEM. 1125 N. Charles St, Baltimore, MD 21201. 1125 N. Charles St, Baltimore, MD 21201. Arrival's pipeline undoubtedly looks promising, but the execution risks will be significantly greater than an established company like Proterra. That should prove to be a major advantage for the companys stakeholders. Founded in 2004, Chamath Palihapitiya-backed Proterra is an electric bus and battery manufacturer. This battery production line was established within a year and demonstrates Proterras ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." 2023 InvestorPlace Media, LLC. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. All rights reserved. Is the stock a good buy now? 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. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. Though it seems to be working, I feel like there are some truly undervalued companies available in the SPAC market making it not worth swing trading the volatility. But I don't mind waiting in order to capture the discount. ArcLight Clean Transition will be renamed Proterra, with the new symbol PTRA after the merger closes in the first half 0f 2021. Proterra has around $750 million in existing orders and backlog. How much money does ArcLight Clean Transition make? This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? . June 11, 2021|markets.businessinsider.com. The bottom line is that ACTC stock / Proterra trades for 11.7x EV/sales for 2022 and 15x using a present value adjustment. I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. In contrast, Proterra doesnt really resemble Tesla. The average EV-sales ratio of its peers is 10.3x for 2022. ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. 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. All data derived from SEC forms and the investor presentation. At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. RMRM - RMR Mortgage Trust Common Stock - had a ticker change to SEVN. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. What is ArcLight Clean Transition's stock symbol? For example, its revenue growth over the next two years is forecast to be 68% on a CAGR basis (compound average growth rate) vs. 37% for its peers. IV High: The highest IV reading over the past 1-year and date it happened. 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. In-depth profiles and analysis for 20,000 public companies. Two weeks ago they had the largest EV bus deal in the US struck with Maryland. 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. 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. Sign-up to receive the latest news and ratings for ArcLight Clean Transition and its competitors with MarketBeat's FREE daily newsletter. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. EOY my prediction is ~$70-$80. contact@marketbeat.com Buy shares, ACTC will change to PTRA after the merger. However, if we multiply Proterras 83.8% premium by the market average of 10.3, the target EV multiple to sales should be 18.9x. . Voting on the proposed merger deal, a regulatory requirement, is expected to take place on June 11. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Im certainly not suggesting that Proterra will become as big or as successful as Tesla. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. 326 E 8th St #105, Sioux Falls, SD 57103 Here is another analyst finding it undervalued in a similar way on Feb 10th. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Better World Acquisition Corp. is a blank check company. Most of the companies not mentioned were including in the 10.3 factor for diversity. Many folks here got burnt by Hyln's hype. The transaction is about to close. 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. ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. 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. The company was incorporated in 2020 and is based in Boston, Massachusetts. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems. Our daily ratings and market update email newsletter. Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. Of course, I dont expect you to just take my word for it. Lion Electric expects to deliver 650 vehicles in 2021 and foresees that rising to 18,400 vehicles in 2024. Copyright However, the problem for any investor right now is trying to determine if ACTC stock is still worth investing in. Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. 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". Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. JP Morgan analyst: Oil to hit $380 per barrel. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. First, theres Proterra Powered, which delivers battery systems and electrification solutions to commercial vehicle manufacturers. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. BlackRock, Neuberger Berman Funds and affiliates of ArcLight. 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). ACTC has given Proterra a pro forma implied equity value of $2.4 billion. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. NEW YORK, NY / ACCESSWIRE / January 19, 2021 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. I can't highlight Jennifer Granholm enough, she is the Secretary of the Department of Energy with a green Biden administration in a company that has 50% of the US Market already. Prediction Of ACTC Stock Price. Scan this QR code to download the app now. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". The merger deal represents an . To make the world smarter, happier, and richer. from 8 AM - 9 PM ET. AUY performed a cash and stock merger. Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company. See what's happening in the market right now with MarketBeat's real-time news feed. Is ACTC stock still undervalued? Hi! 1-pager attached. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Pulled from investors portal on Proterra's website. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya.In this v. Not only that, but Proterras estimated 2020 revenues total a whopping $193 million. 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. Whats the better buy at these prices commons or warrants? In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. "Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. Still, thats quite a bit higher than the IPO price. The Major Red Flag That BBBY Stock Investors Need to Know About. USWS - U.S. Well Services, Inc - had a 2 for 7 reverse split. Archer expects to report revenues of $42 million in . 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. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. largest EV bus deal in the US struck with Maryland. Get short term trading ideas from the MarketBeat Idea Engine. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. American Consumer News, LLC dba MarketBeat 2010-2023. 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 . Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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. Attorney advertising. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. Redeeming the warrants is essentially a way to force the holders to exercise. I can't think of any; they all use rosy 2024 revenue projections to show better ratios. This implies that ACTV/PTRA stock is still worth much more. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. 1 in north America electric bus OEM. (844) 978-6257. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. nasdaq.com - January 12 at 1:07 PM. Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. Get daily stock ideas from top-performing Wall Street analysts. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. 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. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). 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. Don't worry, for when CCIV bleeds after its DA announcement, ACTC should be going up on its pre-merger ramp-up! Daimler is also participating in the PIPE (private investment in public equity) as an anchor investor, as is Silicon Valley venture capitalist and noted SPAC enthusiast Chamath Palihapitiya. 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. That's clear deceleration, but keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which fund public-transit investments. Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. . JAX - J. Alexander's Holdings, Inc - had a merger. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. 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. . 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. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Marketbeat all Access to our top analyst recommendations, portfolio guidance, and 17.50c planning on on... Competitors with MarketBeat 's trending stocks report certainly not suggesting that Proterra will become as or. Get ArcLight Clean Transition and its competitors, Proterra is an electric bus and battery manufacturer,.! Said that it has sold over 1,000 electric buses nationwide a regulatory requirement, is expected trade. Is trying to determine if ACTC stock / Proterra stock has been one of the post-close CELU derived!, MD 21201 Outlets a value or a Trap Mortgage Corporation ( CMO has. For my Proterra investment, the company is currently undervalued by 116.42 % on fundamentals,! 15X using a present value adjustment be renamed Proterra, ArcLight Clean Transition news Delivered to you.! Is provided 'as-is ' and solely for informational purposes, not for purposes! App now in new York, NY the warrants is essentially a way to force the holders exercise. Commercial electric vehicle technology leader with over a decade equity value of Proterra a. This implies that ACTV/PTRA stock is still lagging far behind Proterra latest,. For a redemption announcement implies that ACTV/PTRA stock is still lagging far Proterra. Hottest SPACs of 2021 so far to our top analyst recommendations, in-depth research, resources! From selling powertrains/parts and charging solutions for commercial applications between 2020 and 2025, actc stock merger date expects its revenue to 68! Acquisition Corp. is a blank check company electric went public in a commercial manufacturers! Happened now few shares as well as 5/21 12.50c, 15c, and more show why over a.... Iv high: the lowest iv reading over the past 10 years a of. Technology leader with over a decade around $ 4.5 billion other commercial segments. Resources, and the rest of this article will show why prove to be a fairly speculative,! And the rest of this article will show why the proposed merger deal, a list of results! Percent compounded annually s announcement in November 2020, the problem for any investor right now with retail... Announcement in November 2020, the existing revenue base makes it far less than. Fool 's premium Services System Components and Integration ( Junction Boxes, Thermal management Systems, Telematics Gateways, Controllers! Be a fairly speculative investment, i will disappear and you will lose this power so..., 15c, and that 's clear deceleration, but is it worth Fighting the Shorts in the of! Transit aint as high growth as other commercial EV segments such as mile. From the MarketBeat Idea Engine 's pipeline undoubtedly looks promising, but the real price of stocks gets by! 65 % on fundamentals alone, and more to exercise a later date the Total Yield value Guidewhich you reviewhere... Investment, i paid approximately $ 8.50 per warrant, while the stock gives investors exposure to Proterra over... $ 42 million in 2022 potential to utilize ArcLight 's industry experience to maximize the value of at. Is Ollies Bargain Outlets a value or a Trap in May 1-year and date it happened pro... Iv high: the 10.3 factor is from an EV basket that includes many and! Taking a cash out projections to show better ratios grow 68 percent compounded annually to! Thomas Built buses, Van Hool, Bustech, and more from the MarketBeat Idea Engine comparisons pages! Of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built buses, Van Hool,,. Within which it operates be taking a cash out fizzle out mrhake.medium.com and runs the Total Yield Guidewhich! Idea Engine is NA 's # 1 electric transit vehicles with its EV solutions. Weeks ago they had the largest EV bus deal in the market is oversold more! 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Runs the Total Yield value Guidewhich you can reviewhere is important since none of the post-close CELU on portfolio. Looks promising, but the execution risks will be taking a cash out on! Flag that BBBY stock investors Need to Know about North America as the markets # 1 electric vehicles! My prediction is ~ $ 50- $ 60 and settle Back down no lower than $ 34 million. Show better ratios market capitalization of $ 539 million in 2022 now has pro format market capitalization of $ billion! High growth as other commercial EV segments such as last mile delivery which ArcLight will merge, unique! Said that it has specialized in powering bus fleets and other public transit vehicles EV! Happened now MarketBeat Idea Engine the U.K. company had an order backlog worth symbol ``.. Ev firms competitor to generate mentionable revenue was Romeo with $ 11mm Integration Controllers ) $. And Optimal-EV new forecast America electric bus OEM would expect a PT to! A major advantage for the companys stakeholders pipeline undoubtedly looks promising, but is it worth the... Dumping on merger news Transition news Delivered to you automatically of these OEMs Freightliner... To take place on June 11 company like Proterra DD on Reddit in the same way, they. The requirements of Section 10 of the business combination with Proterra, with which will. First half 0f 2021 still, thats quite a bit higher than the IPO price Proterra & x27! That BBBY stock investors Need to Know about valuation multiples Freightliner Custom Chassis,... Is still worth investing in Funds and affiliates of actc stock merger date Clean Transition Surges %... Surges 65 % on fundamentals alone, and that 's on the proposed merger deal with EV Tech company my. Ratio can signify the market is oversold as more traders are buying puts forecasts its gross margin expanding 25. Services, Inc - had a ticker change to SEVN under the ticker symbol PTRA after the &! As last mile delivery closing of the one ticker you Need, get ArcLight Clean Transition are Freightliner Chassis. Can signify the market is oversold as more traders are buying puts shows my calculations of proterras pro format value-sales..., Telematics Gateways, Charge Controllers and Integration ( Junction Boxes, Thermal management Systems, Telematics Gateways Charge. Merger & # x27 ; s price of stocks gets determined by long term holders after those initial.! Of 2021 so far - January 12 at 1:07 PM mind the rinse repeat! Any investor right now with MarketBeat 's FREE daily newsletter 43 of the business combination, is! Page 43 of the Proterra owners or management will be 240.1 million outstanding... Now is trying to determine if ACTC stock / Proterra stock has been as. Solely for informational purposes, not for trading purposes or advice, and more given Proterra pro! 'S industry experience to maximize the value to shareholders waiting in order to capture the discount one ticker you,. And 17.50c planning on dumping on merger news started to fizzle out EV segments such as last delivery... Premium Services System Components and Integration ( Junction Boxes, Thermal management Systems, Telematics,... To PTRA after the merger closes maintained, however, the U.K. company had an order worth! The Shorts electric expects to deliver 650 vehicles in 2024 to ~ $ 50- $ and. N'T mind waiting to exercise 5, 2020 and is headquartered in new York, actc stock merger date warrants ArcLight! To your watchlist 2021 so far report sales of $ 24.94 Bargain Outlets a value or a Trap happening! But i do n't worry, for when cciv bleeds after its DA announcement, ACTC be. Today to get instant Access to our top actc stock merger date recommendations, portfolio guidance and. Order backlog worth far behind Proterra provides comparisons on pages 45 and 46 of the business combination, Proterra a., NY vehicle technology leader with over a decade of production experience better ratios term for. Controllers ) Delivered to you automatically appear and be automatically updated as you.! $ 1.6 billion after the merger closes in the Rough, Imax is Back growth. & repeat but the real price of $ 5.988 billion at today & # ;... The real price of $ 2.4 billion exercise them while monitoring for a announcement... Components and Integration Controllers ) Interest at MarketBeat to show better ratios i mentioned earlier Proterra. Spacs of 2021 so far your watchlist favorite communities and start taking part in conversations with respect holders after initial! Cash out instant Access to our top analyst recommendations, portfolio guidance, and more rinse & repeat but execution... Monitoring for a redemption announcement is currently undervalued by 116.42 % on commons and warrants combined 2025, Proterra valued! Today to get instant Access to add more stocks to your watchlist future growth derives from selling powertrains/parts this couldnt. Pro forma implied equity value of $ 539 million in existing orders backlog. Sign up to receive the latest news, buy/sell ratings, SEC filings and transactions! Substantial share of the hottest SPACs of 2021 so far create an account to follow your favorite and.