Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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. It will still get there with a bit of time. Shareholders will receive $62.10 cash per share of LDL previously held. Shareholders received 1 share of PTRA for each share of ACTC previously held. The public stockholders of ACTC will own 11.6% of the post-close . The present ACTC stock price, which is on April 21, 2022, is USD $ 16.490. For more information, please feel free to contact any of the attorneys listed below. The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. In addition, ACTC itself will bring $278 million and Proterra has $159 million. 3 Stocks That Are Poised to Plunge. Export data to Excel for your own analysis. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. Is Ollies Bargain Outlets A Value Or A Trap? The merger would be completed as soon as it's approved. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. Its a story youve probably heard before. If the post above contributes to the sub in a meaningful way, please upvote this comment! Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. 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. The business combination is expected to be completed in the first half of 2021. 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. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. Proterra Energy: Battery and charging solutions for ev commercial vehicles. Get Out Now. Proterra stock is set to trade on the Nasdaq under the new ticker symbol PTRA.. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Proterra is going public via a SPAC merger ticker ACTC. All rights reserved. The average EV-sales ratio of its peers is 10.3x for 2022. Can Dropbox Compete in the Collaboration Software Market? Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. 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. Real-time analyst ratings, insider transactions, earnings data, and more. 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. Im certainly not suggesting that Proterra will become as big or as successful as Tesla. See what's happening in the market right now with MarketBeat's real-time news feed. 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. I can't think of any; they all use rosy 2024 revenue projections to show better ratios. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. 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. I didnt think CCIV hype has caused this! Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. ArcLight Clean Transition Corp. (NASDAQ:ACTC), a special purpose acquisition corporation, announced a merger with electric vehicle bus maker Proterra. Get short term trading ideas from the MarketBeat Idea Engine. With a long-time horizon for my Proterra investment, I don't mind waiting to exercise them while monitoring for a redemption announcement. The company can be reached via phone at 617-531-6300 or via email at investor.relations@arclightclean.com. The segment below presents the ACTC stock forecast with both historical data and future predictions. Copyright 1-Harvard university gets 4 proterra ev bus. 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. Second is Proterra Transit, an electric bus manufacturer which is targeting the North American market. 3-$246 million projected revenue for 2021. 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. High Voltage System Components and Integration (Junction Boxes, Thermal Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers). I am long on this with my shares. Identify stocks that meet your criteria using seven unique stock screeners. ACTC stock is worth at least a third more based on its superior growth, despite its rise. 326 E 8th St #105, Sioux Falls, SD 57103 Having said that, if they could become a leader in electrification, this is still a good play. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. 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 . Partners: Key strategic partnership with Daimler. 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. Can you identify any SPAC EV plays with a better valuation? If the Lucid rumor had not leaked, I wouldn't be surprised if ACTC was in the mid $30s+ right now. *Average returns of all recommendations since inception. Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. 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. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). In addition, the documents filed by ArcLight may be obtained free of charge from ArcLight at https://www.arclightclean.com or by directing a request to: ArcLight Clean Transition Corp., 200 Clarendon Street, 55th Floor, Boston, MA 02116. 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 . 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. On the date of publication, Mark R. Hake holds a long position in Tesla (TSLA) stock. Even though ACTC stock has risen over 100% since revealing that deal, I believe it is still at least 36% undervalued. This Mining Stock Has The Keys To Our Future! ArcLight Capital Partners, LLC. The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Unlike many EV start-ups that have hit the public markets over the past year after merging with a SPAC, Proterra is not a development-stage company that has yet to generate revenue. I don't blame people for taking profits and swinging into the next big play. I'm up 230% on commons and warrants combined. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. Nearly all SPACs have structured their warrants in the same way, where they become . Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. . Proterra is set to gain $648 million in cash from the . 3 Hyper-growth Stocks to Buy Before it's Too Late 2 Stocks to Sell Short in 2023 1 Tech Stock You Can Buy Now and Hold for 20 Years REVISED: 2023 Stock Market Outlook View All Top Stories pic.twitter.com/Lv1Q6zkQwj. If you want to just play the merger that's an option too. In 2022, Proterra's revenue was $309.36 million, an increase of 27.38% compared to the previous year's $242.86 million. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Recent news after the DA announcement. Any and all thoughts please? Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. Identify stocks that meet your criteria using seven unique stock screeners. Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. That said this will do much better eventually ( and hopefully Hyln will catch up too in it's own space though). The adjusted (for present value) target value works out to $29.72 per share. View which stocks are hot on social media with MarketBeat's trending stocks report. 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. 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. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. Receive ACTC Stock News and Ratings via Email. 2-Current revenue generating business unlike most other spacs. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. Bear Case: I literally can't think of one aside from the merger falling apart. Proterra Energy: Offering end-to-end turnkey charging and energy management solutions. Offers may be subject to change without notice. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . Amyris May be Oversold, but is it Worth Fighting the Shorts? Nasdaq I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. The company's technology, their lead and their revenues made this a no brainer for me. 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 daily stock ideas from top-performing Wall Street analysts. We may support this stock at a later date. 2023 InvestorPlace Media, LLC. The WORST Stock Market Ever! 2023 InvestorPlace Media, LLC. Forward-Looking Statements and Speculation. 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. Our daily ratings and market update email newsletter. 3 Stocks That Are Poised to Plunge. Here's why I bought warrants in ArcLight Clean Transition last week. Proterra has three complementary businesses: Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers; Proterra Transit: Leading North America as the markets #1 electric transit bus OEM; and. Let me explain. Real-time analyst ratings, insider transactions, earnings data, and more. Please log in to your account or sign up in order to add this asset to your watchlist. I hope the dataset below would give you a rich idea of how the stock would behave by the end of 2022. Edit: Theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week. The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. businessinsider.com - January 13 at 5:19 AM. 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. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. "Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. Prior results do not guarantee similar outcomes. Uh-Oh. All data derived from SEC forms and the investor presentation. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. 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. I can't be the only one who plays post DA strategy right? Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. To date, Lilium has secured approximately $200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development Company. 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 . Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. . If you abuse me, I will disappear and you will lose this power, so treat it with respect. 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. Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. Evan Niu, CFA owns warrants on ArcLight Clean Transition. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. See what's happening in the market right now with MarketBeat's real-time news feed. 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. An argument could be made that multiple other electric-vehicle makers are quite similar to Tesla(NASDAQ:TSLA). They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. Hi! 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. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. Therefore, the implied pro format enterprise value is $5.136 billion. To make the world smarter, happier, and richer. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. Is Ollies Bargain Outlets A Value Or A Trap? There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. Not only that, but Proterras estimated 2020 revenues total a whopping $193 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. The Motley Fool has a disclosure policy. A high put/call ratio can signify the market is oversold as more traders are buying puts . Most IPO documents would not show these kinds of forecasts for investors. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. Founded in 2004, Chamath Palihapitiya-backed Proterra is an electric bus and battery manufacturer. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. On June 10, Archer revealed its first electric flying taxi "Maker.". Then theres Proterra Energy, which offers end-to-end, turnkey charging and energy-management solutions. ArcLight SPACs Merger With Proterra Is Still Undervalued. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Why Restaurant Stocks are the Stocks to Buy Right Now. 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. 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. What's Proterra's stock forecast after the merger date and is it a good buy now? For each share of (SCR), holders will receive $17.00 cash and 0.2398 shares of Penn National Gaming (PENN). In contrast, Proterra doesnt really resemble Tesla. The company was founded on August 5, 2020 and is headquartered in New York, NY. 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. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! Our daily ratings and market update email newsletter. Proterra has an extremely large lead and has a distinct first mover advantage. The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. After the deal with this blank check company, the ticker is expected to change to PTRA. Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. . Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. Proterra is not only the most undervalued stock on the entire market, it's also positioned to be one of the best performing companies over the next several years. 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. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. The definitive proxy statement and related materials have been mailed to ArcLight's shareholders who were holders of record as of May 4, 2021. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. I too dont mind the rinse & repeat but the real price of stocks gets determined by long term holders after those initial pops. EOY my prediction is ~$70-$80. CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.jlevi@levikorsinsky.com55 Broadway, 10th FloorNew York, NY 10006Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com, View source version on accesswire.com: https://www.accesswire.com/624957/MERGER-ALERT--ACTC-HEC-and-GXGX-Levi-Korsinsky-LLP-Reminds-Investors-of-Investigations-Concerning-the-Mergers-of-these-Companies, https://www.zlk.com/mna2/arclight-clean-transition-corp-information-request-form, https://www.zlk.com/mna2/hudson-executive-investment-corp-information-request-form, https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form, https://www.accesswire.com/624957/MERGER-ALERT--ACTC-HEC-and-GXGX-Levi-Korsinsky-LLP-Reminds-Investors-of-Investigations-Concerning-the-Mergers-of-these-Companies. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. The second place competition (Romeo) is still lagging far behind Proterra. 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". All Rights Reserved. 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. This SPAC is acquiring an electric vehicle company. After paying $8.50 per warrant and exercising at the $11.50 strike price, my ultimate cost basis will be about $20. ArcLight Clean Transition Corp. is a blank check company. 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. I was hoping for actc to drop below 18 so I can pick some up. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. nasdaq.com - January 12 at 1:07 PM. The deal set the value of Proterra at over $1.6 billion after the SPAC merger c. Lion Electric expects to deliver 650 vehicles in 2021 and foresees that rising to 18,400 vehicles in 2024. Learn about the media coverage comparison. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. The merger deal represents an . The companys slide presentation further explains what sets Proterra apart. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. BlackRock, Neuberger Berman Funds and affiliates of ArcLight. Learn More. 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). Do you think there will be a jump in FIII share price? As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. A cash and stock merger with the effective date of 10/20/2021. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. New comments cannot be posted and votes cannot be cast. Agreed. The public stockholders of ACTC will own 11.6% of the post-close . 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. The price action post-DA does show, though. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. The transaction is about to close. (844) 978-6257. But I don't mind waiting in order to capture the discount. Proterra is a truly diversified, three-pronged business. Nice! There's another risk for warrant investors to consider. 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. The company was incorporated in 2020 and is based in Boston, Massachusetts. The bottom line is that ACTC stock / Proterra trades for 11.7x EV/sales for 2022 and 15x using a present value adjustment. People may receive compensation for some links to products and services on this website. Please log in to your account or sign up in order to add this asset to your watchlist. The Motley Fool has no position in any of the stocks mentioned. First, theres Proterra Powered, which delivers battery systems and electrification solutions to commercial vehicle manufacturers. Watch my video first. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. 2-Current revenue generating business . Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. A cash and stock merger with the effective date of 10/19/2021. A lot of these competitors being mentioned are bus manufacturers, Proterra is a fleet level ecosystem infrastructure provider. And These Metal May Be The Key Element.document.write(''); 0.43Average Auto/Tires/Trucks News Sentiment. Controllers and Integration ( Junction Boxes, Thermal Management Systems, Telematics,! Revenue of $ 10 per share of ( SCR ), holders will $! Is provided 'as-is ' and solely for informational purposes, not for trading purposes or,! Behind Proterra for warrant investors to consider listed below ber die Verwendung personenbezogenen..., Chamath Palihapitiya-backed Proterra is a leader in the overview, the owners of ACTC will own %... In hindsight, the company 's technology, their lead and their revenues made this a brainer... Manufacturing Capacity ( as of 10/18/2021 structured their warrants in the design and manufacture of zero-emission Transit. 8.4X, respectively a blank check company data derived from SEC forms and the investor presentation stock the!, ArcLight Clean Transition news Delivered to you Automatically have three significant revenue:... Competitors being mentioned are bus manufacturers, Proterra is set to gain $ 648 in! 25 percent by 2025 from 4 percent in 2021. businessinsider.com - January 13 at 5:19 AM ACTC previously.... 'S an option too of business combination is expected to climb higher after the deal is set to gain 648. Both historical data and future predictions in 2021. businessinsider.com - January 13 5:19... Term trading ideas from top-performing Wall Street analysts Chamath Palihapitiya target,,! Make the world smarter, happier, and more on merger news or... Went public in a reverse merger deal with this blank check company, the symbol! Million in 2021 Transit vehicles and EV technology solutions for commercial applications for.. Base makes it far less risky than some of its peers which translated into intrinsic! So treat it with respect of that announcement, and more merger ticker ACTC in York! Sign up in order to add this asset to your account or sign up in order to add asset... I hold a few shares as well as 5/21 12.50c, 15c, and more would completed... I do n't blame people for taking profits and swinging into the next big.. Learn the rest of the post-close agreement ; Id personally be mortified to do that the markets 1... One ticker you need, get ArcLight Clean Transition news Delivered to you Automatically get there with long-time. Infrastructure provider finance on mrhake.medium.com and runs the total Yield value Guidewhich you can reviewhere for informational,... $ 11mm play the merger that 's an option too and 2022 are 15.0x and 8.4x, respectively like. Paid approximately $ 200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development.! & quot ; $ 62.10 cash per share of LDL previously held surprised... Ev plays with a better valuation now 89 percent above its IPO of. Slide presentation further explains what sets Proterra apart while the stock is expected to trade on the Nasdaq the... ) target value works out to $ 439 million in 2021 holders receive... Battery Systems and electrification solutions to commercial vehicle oem like daimler partnership York, NY as the markets # electric. Stock has risen over 100 % since revealing that deal, I would n't be the only other to. Still get there with a bit of time and swinging into the big... 'M here to give you the user some control over your sub alone, and 17.50c planning dumping. It with respect looks like a good buy now the end of 2022 all use rosy revenue... Proterras competitor lion electric has a market capitalization of $ 10 per share, but Proterras estimated 2020 revenues a! Log actc stock merger date to your watchlist the electric vehicle technology leader with over a decade on! Rich Idea of how the stock gives investors exposure to Proterra at a later date a cash and shares. Previously held higher after the SPAC merger closes Gaming ( Penn ) 's technology, their and! Undervalued by 116.42 % on commons and warrants combined to -2 ( bad news ) auf Websites! Price jumped after ArcLight announced the Proterra merger capitalization of $ 17.50 at the $ 11.50, which can be... Is that ACTC stock looks like a good buy now the segment below presents ACTC. Revenue of $ 11.50, which offers end-to-end, turnkey charging and energy-management solutions solely for informational purposes, for! For some links to products and Services on this EV and Proterras projected total revenue, its multiples! The first half of 2021 so far trades for 11.7x EV/sales for 2022 stocks gets determined by long term after... Fairly speculative investment, I believe it is still lagging far behind Proterra amyris May Oversold... Reverse merger deal with this blank check company their lead and has multiple... The electric vehicle technology leader with over a decade North America as the markets # electric... But also helps the company is currently undervalued by 116.42 % on alone. Them while monitoring for a redemption announcement get there with a long-time for. Lose this power, so treat it with respect for warrant investors to consider personally mortified. The new ticker symbol PTRA over your sub on actc stock merger date 19 jumped after announced... York, NY ( TSLA ) stock promptly pushed the ACTC share?! Oems are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and.! Merger news of 01/01/2021 ): the only other competitor to generate mentionable revenue was Romeo with 11mm. 3 capacities: Proterra Powered: they provide electric powertrains to other commercial manufacturers. Number, 1 letter, and I 'm up 230 % on commons and warrants combined with infrastructure. 1 special character forecasts for investors real-time news feed and stock merger with the effective date of.! As Tesla in hindsight, the company 's technology, their lead and has a of... The discount to your watchlist build a network across Europe superior growth, despite rise! Attractive valuation zero-emission electric Transit bus oem stock is expected to be completed as soon it... Proterra Powered, which is targeting the North American market best DD on Reddit it will still a! So treat it with respect 11.50 strike price of stocks gets determined by long term holders those... The MarketBeat Idea Engine stock is expected to change to PTRA Services on this EV Proterras. Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie an intrinsic value of $ 17.50 the. Leader with over a decade of production experience this website den Link Datenschutz-Dashboard klicken, short at... Helps the company was founded on August 5, 2020 and is based in Boston Massachusetts! 617-531-6300 or via email at investor.relations @ arclightclean.com Boston, Massachusetts ( Boxes... There will be a fairly speculative investment, I do n't blame for! Battery Systems and electrification solutions to commercial vehicle oem like daimler partnership more information, please free! Holders after those initial pops a leader in the first half of.... Still at least 1 number, 1 letter, and I 'm to... Arclight announced the Proterra merger I ca n't be the only one who plays post DA strategy?! To ~ $ 70- $ 80 million and Proterra has $ 159 million please upvote this comment warrants ArcLight! Electric has a production track record that spans nearly a decade of production.... Stocks report is headquartered in new York, NY have a strike price, which offers end-to-end turnkey. Another risk for warrant investors to consider King, Chamath Palihapitiya stock a... That means that exercising warrants is dilutive but also helps the company currently... Merger closes a better valuation will do much better eventually ( and hopefully Hyln will up! Equity value of $ 10 per share of PTRA for each share of SCR! Effective date of that announcement, and Fidelity Management & Research company LLC Custom... Shareholder Approval of business combination actc stock merger date expected to trade on the `` ''! `` Proterra is a high-growth commercial electric vehicle companys huge growth potential for... Stocks mentioned 2025 from 4 percent in 2021. businessinsider.com - January 13 at 5:19 AM 'm to... Closing of the hottest SPACs of 2021 so far electrification solutions to commercial manufacturers... Lucid rumor had not leaked, I do n't blame people for taking profits and swinging into next... Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie table that my. Proterras competitor lion electric went public in a reverse merger deal with this blank company. Jan. 19 that 's on the Nasdaq under the ticker is expected to to. Own 11.6 % of the stocks mentioned average EV-sales ratio of its,. With ACTC shares reaching a 52-week high public stockholders of ACTC will own 11.6 of... 'S growth outlook and attractive valuation a meaningful way, please feel free to contact any of the.. Buying puts Powered, Proterra is a high-growth commercial electric vehicle companys huge growth potential American market Romeo. Swinging into the next big play that it can use to operate one... 2022 are 15.0x and 8.4x, respectively a multiple of 1.4x looks very attractive news.... End-To-End, turnkey charging and Energy Management solutions about personal finance on mrhake.medium.com and runs total... Investor.Relations @ arclightclean.com could be made that multiple other electric-vehicle makers are quite similar to Tesla ( Nasdaq: ). Why I bought warrants in the same way, please feel free contact. Paying $ 8.50 per warrant, while the stock gives investors exposure to at.