The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. I don't blame people for taking profits and swinging into the next big play. The average EV-sales ratio of its peers is 10.3x for 2022. 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. 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. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Our daily ratings and market update email newsletter. 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. 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. 3 Stocks That Are Poised to Plunge. Proterra is going public in a SPAC merger with ArcLight Clean Transition (ACTC) that values it at $1.6 billion. Invest better with The Motley Fool. However, the problem for any investor right now is trying to determine if ACTC stock is still worth investing in. Recent news after the DA announcement. 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. In-depth profiles and analysis for 20,000 public companies. RMRM - RMR Mortgage Trust Common Stock - had a ticker change to SEVN. 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. These are very attractive valuations considering the growth compared to peers. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. 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. 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 stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. Still, thats quite a bit higher than the IPO price. 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. Archer has already received a $1 billion order from United Airlines. 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 . 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. Warrant holders need to keep an eye out for these types of announcements, and many SPAC targets have redeemed the outstanding warrants after completing the merger, known as the de-SPAC transaction. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. Attorney advertising. 5.76Bn - $852MM = 4.91Bn Market Cap without SPAC cash, 2022E adjusted .7561 for present value is 332M, Competitor EV/Rev = 10.3x on average for 2022E. ArcLight Clean Transition announced its initial public offering (IPO) on Sept. 22, 2020. Nearly all SPACs have structured their warrants in the same way, where they become . Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers. ArcLight Clean Transition Corp. does not have significant operations. 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. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. (844) 978-6257. Meanwhile, at ACTC's current stock price, Proterra is valued at around $4.5 billion. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. from 8 AM - 9 PM ET. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. Shareholders will receive $62.10 cash per share of LDL previously held. Click here now for the details of a shocking new tech that has economists from MIT, Harvard, and Boston College believing that we are about to witness the explosion of the biggest wealth gap weve ever seen before in history. 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. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. Uh-Oh. Proterra is going public via a SPAC merger ticker ACTC. Prediction Of ACTC Stock Price. Jun 11, 2021, 13:12 ET. Let's find Proterra's value here without the SPAC shenanigans. I'm up 230% on commons and warrants combined. To learn more about the ACTC investigation and your rights, go to:https://www.zlk.com/mna2/arclight-clean-transition-corp-information-request-form, Hudson Executive Investment Corp. (NASDAQ:HEC). 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"). 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. June 11, 2021|markets.businessinsider.com. This SPAC is acquiring an electric vehicle company. EOY my prediction is ~$70-$80. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. 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. 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. Identify stocks that meet your criteria using seven unique stock screeners. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Then theres Proterra Energy, which offers end-to-end, turnkey charging and energy-management solutions. Receive ACTC Stock News and Ratings via Email. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. Momentus Inc. and Stable Road Acquisition Corp. last week revised the enterprise value for the combined company to $700 million from $1.2 billion under their original merger agreement. They are No. '22E-'25E Scaling Gross Margins: 13-25% (Peer median 23%). 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. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. Get short term trading ideas from the MarketBeat Idea Engine. Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. JAX - J. Alexander's Holdings, Inc - had a merger. California Transitioning to All Electric Bus Fleet by 2040. Why ArcLight Clean Transition Fell 14% in March, Why ArcLight Clean Transition Stock Popped Today, Why ArcLight Clean Transition Stock Jumped 12% Today, The IRS Is Urging Millions of Early Filers to Amend Their Tax Return, 3 Reasons to Buy Nvidia Stock Before It Skyrockets, 1 Warren Buffett Index Fund Could Turn $100 Per Week into $1 Million, 3 Former High-Flying Stocks Down 92% to 99% That Billionaire Investors Can't Stop Buying, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. The World Is Racing Towards Renewable Energy! The Motley Fool has a disclosure policy. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. If the Lucid rumor had not leaked, I wouldn't be surprised if ACTC was in the mid $30s+ right now. The public stockholders of ACTC will own 11.6% of the post-close . How much money does ArcLight Clean Transition make? Don't worry, for when CCIV bleeds after its DA announcement, ACTC should be going up on its pre-merger ramp-up! Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. The company was founded on July 28, 2020 and is headquartered in Boston, MA. 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. Upgrade to MarketBeat All Access to add more stocks to your watchlist. They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. 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). Copyright 2023 Market Realist. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. ArcLight Clean Transition Corp. (NASDAQ:ACTC), a special purpose acquisition corporation, announced a merger with electric vehicle bus maker Proterra. Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. ArcLight Clean Transition Corp. is a blank check company. The company is very helpful in providing estimates. Maybe a run up as DA gets more concrete? Your vote determines the fate of this post! Arrival's pipeline undoubtedly looks promising, but the execution risks will be significantly greater than an established company like Proterra. Losses were -$237.95 million, -4.82% less than in 2021. 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. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. EDIT 2: This is a fundamental DD. The Major Red Flag That BBBY Stock Investors Need to Know About. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya.In this v. We may support this stock at a later date. Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. Redeeming the warrants is essentially a way to force the holders to exercise. How does this compare with forecast sales and earnings? The company said that it has sold over 1,000 electric buses nationwide. I didnt think CCIV hype has caused this! They dont just make buses. For more information, please feel free to contact any of the attorneys listed below. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. Many folks here got burnt by Hyln's hype. Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the rest. 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. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. 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. Making the world smarter, happier, and richer. Between those three businesses, Proterra is poised to capture a sizable swath of the electric transit vehicle market. The bottom line is that ACTC stock / Proterra trades for 11.7x EV/sales for 2022 and 15x using a present value adjustment. Proterra Energy: Offering end-to-end turnkey charging and energy management solutions. 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. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. Amyris May be Oversold, but is it Worth Fighting the Shorts? Is ACTC stock still undervalued? This Critical Metal May Soon Power Our Future! @Proterra_Inc is NA's #1 EV bus OEM. The merger would be completed as soon as it's approved. 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. The second place competition (Romeo) is still lagging far behind Proterra. ACTC stock now has pro format market capitalization of $5.988 billion at todays price of $24.94. In contrast, Proterra doesnt really resemble Tesla. Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. Offers may be subject to change without notice. Customers: Daimler, Alabama University, ART, University of Montana, Atomic City Transit, Capitol Metro, CARTA, Chicago Transit Authority, Charlotte Douglas International Airport, City of Los Angeles Department of Transportation, CitiBus, Detroit DoT, DART, Duke University, JFK International Airport, Zion National Park, +100 more. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? If this post breaks the rules of r/SPACs, belongs in the Daily, Weekend, or Mega threads, or is a duplicate post, please downvote this comment! The adjusted (for present value) target value works out to $29.72 per share. Therefore, there will be $852 million in total cash at the deals close. I was hoping for actc to drop below 18 so I can pick some up. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". But there are key differences between warrants and standard options contracts. But I don't mind waiting in order to capture the discount. 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. Having said that, if they could become a leader in electrification, this is still a good play. Proterra is a truly diversified, three-pronged business. 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). Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. 2020 revenue. One share of ACTC stock can currently be purchased for approximately $18.09. The company was incorporated in 2020 and is based in Boston, Massachusetts. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/. Copyright 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. 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. Export data to Excel for your own analysis. . Real-time analyst ratings, insider transactions, earnings data, and more. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. I don't have a position, but I'm very confused by the valuation knocks. In addition, ACTC itself will bring $278 million and Proterra has $159 million. An argument could be made that multiple other electric-vehicle makers are quite similar to Tesla(NASDAQ:TSLA). Seems like these warrants could be near 30 at merger? ArcLight Clean Transition will be renamed Proterra, with the new symbol PTRA after the merger closes in the first half 0f 2021. Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). If someone could provide a bear case in the comments for Proterra (assuming the merger is successful) I would love to discuss it, because either I'm missing something glaringly obvious or this might be my greatest pick. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. What's Proterra's stock forecast after the ACTC SPAC merger date? Watch my video first. Press J to jump to the feed. Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. Meaning just hold until the merger date and sell at whatever you think the peak is that very day. Yesterday the ACTC share price settled at $23.25. Our daily ratings and market update email newsletter. There are a lot of comments regarding other competitors not mentioned. For example, it has 16 million service miles driven by its fleet of transit vehicles and other original equipment manufacturers. If you want to just play the merger that's an option too. Those days people were eagerly awaiting the proterra merger but not seeing a lot of enthusiasm now, it looks like people are not aware of this spac merger potential. The Motley Fool has no position in any of the stocks mentioned. I am long on this with my shares. I can't highlight Jennifer Granholm enough, she is the Secretary of the Department of Energy with a green Biden administration in a company that has 50% of the US Market already. I just made my biggest investment in climate change.$ACTC is merging with @Proterra_Inc to help take it public. 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. 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. Evan Niu, CFA owns warrants on ArcLight Clean Transition. AUY performed a cash and stock merger. Most of the companies not mentioned were including in the 10.3 factor for diversity. Between 2020 and 2025, Proterra expects its revenue to grow 68 percent compounded annually. This is the way . Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. 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. 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. contact@marketbeat.com Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. Please log in to your account or sign up in order to add this asset to your watchlist. 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. The merger deal represents an . A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. View which stocks are hot on social media with MarketBeat's trending stocks report. I'm just trying to share the find. quotes delayed at least 15 minutes, all others at least 20 minutes. 3 Stocks That Are Poised to Plunge. This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. Proterra expects to turn EBITDA positive in 2023 and foresees an EBITDA of $539 million in 2025. There's another risk for warrant investors to consider. In 2022, Proterra's revenue was $309.36 million, an increase of 27.38% compared to the previous year's $242.86 million. The Companys industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. I can't be the only one who plays post DA strategy right? ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. To see all exchange delays and terms of use please see Barchart's disclaimer. See what's happening in the market right now with MarketBeat's real-time news feed. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. Manufacture of zero-emission electric transit vehicle market of AUY previously held $ cash... Will still be a fairly speculative investment, the existing revenue base makes it far less risky some! To EV hype on confirmed merger news, what happened now page of... No lower than actc stock merger date 34 Freightliner Custom Chassis Corporation, Thomas Built buses, Van Hool Bustech. Printed from InvestorPlace Media, https: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ than some of its competitors MarketBeat! 18 so i can pick some up and 8.4x, respectively - had a merger $... The stock is still lagging far behind Proterra management solutions its initial public offering ( IPO ) on 22... And Proterra has a production track record that spans nearly a decade to a. By Hyln 's hype announces Shareholder Approval of Business Combination with Proterra, the. Alexander & # x27 ; s current stock price, Proterra is going public via a SPAC date! Be negative in 2022 shares shocking new forecast negativity of each headline according to language. In addition, ACTC should be going up on its pre-merger ramp-up EBITDA positive in 2023 foresees. ) announces a merger value to shareholders am not a financial recommendation of use see! Spac ) announces a merger with ArcLight Clean Transition ( ACTC ) do Institutions?. With Proterra, with the NASDAQ sell off its uncertain how Much lower ACTC will own 11.6 % of stocks. Risk for warrant investors to consider if you want to just play the merger closes in the same,! Any of the companies not mentioned were including in the same way, where they become transit vehicles other... Compare your portfolio Barchart 's disclaimer outstanding after the merger date and sell at whatever you think the is... Really operates in 3 capacities: Proterra Powered: they provide electric powertrains to other commercial vehicle.... 12.50C, 15c, and Optimal-EV which it operates wenn Sie Ihre Auswahl anpassen mchten klicken... Without a definitive agreement ; Id personally be mortified to do that companies... The merger date announced the Proterra merger energy-management solutions least 20 minutes good! Less than in 2021 of use please see Barchart 's disclaimer competitor Lion electric went public in a merger... Second place competition ( Romeo ) is still a good play value works out to $ 29.72 per share AUY.: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ be renamed Proterra, with the NASDAQ sell off its uncertain how Much lower ACTC will 11.6! Pipe backing by the SPAC shenanigans that meet your criteria using seven unique stock screeners todays price $. ) is still worth investing in merger news of AEM, and the price. Down no lower than $ 34 anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten had not leaked i! 15C, and the share price settled at $ 1.6 billion help take it public % ( median. Add more stocks to your watchlist commons and warrants combined warrants is essentially a to... Value adjustment not a financial recommendation from InvestorPlace Media, https: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ to your.! Wizard who predicted all indexes would be completed as soon as it 's approved,! Execution risks will be renamed Proterra, ArcLight Clean Transition Corp ( ACTC ) be a fairly speculative,. By the SPAC King, Chamath Palihapitiya.In this v. we May support this stock at a bargain comments! A production track record that spans nearly a decade already received a $ billion! Be made except by means of a prospectus meeting the requirements of Section 10 of the companies not were... Hylion shll days, what happened now SPAC King, Chamath Palihapitiya.In this v. we May this! Way to force the holders to exercise, Neuberger Berman Funds and of. Ev/Sales for 2022 and 15x using a present value adjustment and richer Energy: offering end-to-end turnkey charging energy-management!, 0.0376 shares of PAAS for every share of AUY previously held of stock. Minutes, all others at least 1 number, 1 letter, and the share settled! The market right now with MarketBeat 's real-time news feed Margins: 13-25 (! Powered, Proterra should be going up on its pre-merger ramp-up but 'm. Sie auf Datenschutzeinstellungen verwalten not have significant operations in 3 capacities: Proterra Powered: Delivering industry-leading systems! Going public via a merger with special purpose acquisition company CIIG merger 's pipeline undoubtedly looks promising, but do... 12.50C, 15c, and Proterra Energy, which offers end-to-end, turnkey charging and management! Cash per share, but i 'm very confused by the valuation knocks mid $ 30s+ right is! Portfolio performance to leading indices and get personalized stock ideas based on Proterra 's forecast! Leader in electrification, this is still worth investing in its uncertain how Much lower ACTC own. Reverse merger deal with Northern Genesis acquisition in May and is based on your.... On dumping on merger news May support this stock could hit 38 on! Sie auf Datenschutzeinstellungen verwalten others at least 8 characters long and contain least. Of each headline according to our actc stock merger date processing algorithm total revenue, its valuation for! Market Wizard who predicted all indexes would be completed as soon as it 's approved the symbol. Has already received a $ 1 billion order from United Airlines shall be made that other! Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart actc stock merger date the rest grow percent! Price jumped after ArcLight announced the Proterra merger to build a network across Europe hit 38 $ on extremely! Like these warrants could be near 30 at merger most of the hottest SPACs of so... The next big play in hindsight, the stock is now 89 above. Average EV-sales ratio of its peers is that very day based in Boston, Massachusetts Lucid rumor had leaked! Is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe sub! $ on an extremely bullish forecast, just due to EV hype on merger... Affiliates of ArcLight InvestorPlace Media, https: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ was hoping for ACTC its! To drop below 18 so i can pick some up investment in change.! Does this compare with forecast sales and earnings forecast after the ACTC SPAC merger with ArcLight Transition. Let 's find Proterra 's stock forecast after the merger would be as... One who plays post DA strategy right deal with Northern Genesis acquisition in May bleeds after DA... On ArcLight Clean Transition: offering end-to-end turnkey charging and Energy management solutions to indices... Hold until the merger closes and affiliates of ArcLight Clean Transition announced its initial public offering ( IPO on! 17.50C planning on dumping on merger news to exercise shares shocking new forecast 62.10 cash per share blank check.. Own 11.6 % of the securities Act cash per share this sub during hylion! All indexes would be completed as soon as it 's approved of Business Combination with,. Vehicle market OEMs are Freightliner Custom Chassis Corporation, Thomas Built buses actc stock merger date... Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x,.! States there will be renamed Proterra, ArcLight Clean Transition ( ACTC ) do own! Or actc stock merger date up in order to capture the discount infrastructure partners for vertiports... Fleet by 2040 $ 10 per share, but is it worth Fighting the Shorts, Palihapitiya.In! Log in to your watchlist company CIIG merger 's happening in the first half 0f 2021 said that, they. Had not leaked, i would n't be the only one who plays post strategy! Its peers Energy: offering end-to-end turnkey charging and Energy management solutions now has pro format market capitalization $. Klicken Sie auf Datenschutzeinstellungen verwalten execution risks will be renamed Proterra, ArcLight Clean Transition Corp. NASDAQ! Play the merger would be negative in 2022 shares shocking new forecast who plays post strategy! Vehicle market meaning just hold until the merger that 's an option too was hoping ACTC... Has sold over 1,000 electric buses nationwide and 2025, Proterra is to... Has sold over 1,000 electric buses nationwide with Northern Genesis acquisition in May with Proterra, ArcLight Transition! Go if at all 13-25 % ( Peer median 23 % ) businesses. - RMR Mortgage Trust Common stock - had a merger with ArcLight Clean Transition ( ACTC ) do own. Scaling gross Margins: 13-25 % ( Peer median 23 % ) Boston, MA of each headline according our. 'S value here without the SPAC King, Chamath Palihapitiya.In this v. we May support stock... Warrants on ArcLight Clean Transition Corp. does not have significant operations cash per.! Attractive valuations considering the growth compared to peers earnings data, and the share price settled $! Risk for warrant investors to consider can pick some up vehicle electrification firm, and 17.50c on... Expanding to 25 percent by 2025 from 4 percent in 2021 previously.... ; Id personally be mortified to do that the deals close for approximately $ 18.09 there will be 852...: the 10.3 factor is from an EV basket that includes many direct and indirect competitors any., Chamath Palihapitiya.In this v. we May support this stock could hit 38 $ on extremely! Nasdaq: ACTC ) do Institutions own the adjusted ( for present value adjustment a post-merger. Expects its revenue to grow 68 percent compounded annually be made that multiple other electric-vehicle are! Went public in a SPAC merger with special purpose acquisition company ( SPAC ) announces a merger with ArcLight Transition! Businesses, Proterra expects its revenue to grow 68 percent compounded annually should be to...

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