actc stock merger dateactc stock merger date

Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. The merger deal represents an . They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. 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. At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. After paying $8.50 per warrant and exercising at the $11.50 strike price, my ultimate cost basis will be about $20. Copyright 2023 Market Realist. Any words urging someone to do something is only going as far as suggesting they do their own DD, it is in no way an attempt to convince anyone to make any financial decisions. . What's Proterra's stock forecast after the ACTC SPAC merger date? 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. Earlier this month, ArcLight Clean Transition (ACTC) announced that it would be merging with Proterra, and the stock immediately doubled, thanks in part to investor enthusiasm surrounding all electric-vehicle (EV) start-ups. Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. 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. It will still get there with a bit of time. Therefore, the implied pro format enterprise value is $5.136 billion. 1 in north America electric bus OEM. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. ArcLight Clean Transition Corp. (NASDAQ:ACTC)Agreement Announcement: January 12, 2021. Archived post. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. There are a lot of comments regarding other competitors not mentioned. Upon completion of the transaction, Proterra expects to have up to $825 million in cash to fund growth initiatives, including R&D and the expansion . The 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. 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. Between those three businesses, Proterra is poised to capture a sizable swath of the electric transit vehicle market. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more . SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. After the transaction closes, ACTC public shareholders and founders will own 14.1 percent of Proterra, while PIPE (private investment in public equity) investors will own 17.3 percent. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). 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". 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. 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! Identify stocks that meet your criteria using seven unique stock screeners. I'm just trying to share the find. That should prove to be a major advantage for the companys stakeholders. Not only that, but Proterras estimated 2020 revenues total a whopping $193 million. ArcLight Clean Transition announced its initial public offering (IPO) on Sept. 22, 2020. 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. The Motley Fool has no position in any of the stocks mentioned. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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 see this having a good run-up to the merger. Proterra is going public via a SPAC merger ticker ACTC. 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. Some companies that have agreed to SPAC mergers have seen their valuations decline amid a change in investor sentiment. I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. Agreed. Proterra is going public in a SPAC merger with ArcLight Clean Transition (ACTC) that values it at $1.6 billion. 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). 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. After adjusting for its pro forma . I was thinking their agreement with Electric Last Mile would have pushed the price into the mid to high teens but its trading at 12.65. California Transitioning to All Electric Bus Fleet by 2040. Many folks here got burnt by Hyln's hype. IV High: The highest IV reading over the past 1-year and date it happened. Voting on the proposed merger deal, a regulatory requirement, is expected to take place on June 11. 2023 InvestorPlace Media, LLC. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. If you want to just play the merger that's an option too. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. ArcLight SPACs Merger With Proterra Is Still Undervalued. 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. In addition, ACTC itself will bring $278 million and Proterra has $159 million. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC. 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. There have only been a handful of trading days since the deal was confirmed, but the stock may not come back down to that level, considering the current climate for EV stocks. Watch my video first. ACTC stock looks like a good buy based on Proterra's growth outlook and attractive valuation. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. USWS - U.S. Well Services, Inc - had a 2 for 7 reverse split. Amyris May be Oversold, but is it Worth Fighting the Shorts? A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. This is the way . The detail page will show you the real-time trend, you can click into the MSN Money website for more details Meaning just hold until the merger date and sell at whatever you think the peak is that very day. Receive ACTC Stock News and Ratings via Email. I'm up 230% on commons and warrants combined. Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. Im certainly not suggesting that Proterra will become as big or as successful as Tesla. 3-$246 million projected revenue for 2021. quotes delayed at least 15 minutes, all others at least 20 minutes. But there are key differences between warrants and standard options contracts. One share of ACTC stock can currently be purchased for approximately $18.09. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. 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. Proterra will soon go public through the ACTC SPAC. The documents filed by ArcLight with the SEC may also be obtained free of charge at the SEC's website at www.sec.gov. If you abuse me, I will disappear and you will lose this power, so treat it with respect. Proterra is a unique company. As I say this is very helpful. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! Any and all thoughts please? Can Dropbox Compete in the Collaboration Software Market? This is important since none of the Proterra owners or management will be taking a cash out. 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). After adjusting for its pro forma cash and debt, it would have an EV of $3.7 billion. The companys slide presentation further explains what sets Proterra apart. ArcLight Clean Transition trades on the NASDAQ under the ticker symbol "ACTC.". ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. Please log in to your account or sign up in order to add this asset to your watchlist. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The definitive proxy statement and related materials have been mailed to ArcLight's shareholders who were holders of record as of May 4, 2021. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. The Major Red Flag That BBBY Stock Investors Need to Know About. There is some speculation regarding the date; they've already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week . EOY my prediction is ~$70-$80. Get Out Now. To see all exchange delays and terms of use please see Barchart's disclaimer. ArcLight Clean Transition Corp. Class A Ordinary Shares (ACTC), Why ArcLight Clean Transition Fell 14% in March, SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ArcLight Clean Transition Corp. - ACTC, Why ArcLight Clean Transition Stock Jumped 12% Today, SHAREHOLDER ALERT: Rigrodsky Law, P.A. The World Is Racing Towards Renewable Energy! Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. How does this compare with forecast sales and earnings? Shhhh. Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. and I can't even come up with a PT. As of last September, the company was expecting to report sales of $193 million for 2020. The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. High Voltage System Components and Integration (Junction Boxes, Thermal Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers). Is the stock a good buy now? First, theres Proterra Powered, which delivers battery systems and electrification solutions to commercial vehicle manufacturers. Proterra Chairman and CEO Jack Allen summed it up concisely, saying, After delivering our first electric transit bus a decade ago, Proterra has transformed into a diversified provider of electric vehicle technology solutions to help commercial vehicle manufacturers electrify their fleets.. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Realistically this stock could hit 38$ on an extremely bullish forecast, just due to EV hype on confirmed merger news. I think this is an excellent play, now you just need excellent timing. $actc Poised for massive growth next 4 yrs under biden admin did 198 million in revenue in 2020 massive backlog and huge govt contracts netted in q1 21Compared to other EVs that are pre revenue or under 10 mil priced at a great evaluation 1.6 billion dollars Merger run coming. Amyris May be Oversold, but is it Worth Fighting the Shorts? 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. Plusthis thing doesn't need to get pumped. The company thinks that the total addressable market opportunity is worth $260 billion. Can you identify any SPAC EV plays with a better valuation? Proterra is going public via a SPAC merger ticker ACTC. Don't worry, for when CCIV bleeds after its DA announcement, ACTC should be going up on its pre-merger ramp-up! All rights reserved. 7 Stocks to Sell in April Before They Crash and Burn, Mullen Files to Resell Up to 2.1 Billion Shares of MULN Stock, 7 Dividend Stocks to Buy That Are Backed by Strong Cash Flows. Current Price Of ACTC Stock. Recent news after the DA announcement. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. 4-$750 million in backlog orders. 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. Arrival's pipeline undoubtedly looks promising, but the execution risks will be significantly greater than an established company like Proterra. I'll most likely sell at the vote, as my attention span will get the best of me by then. Real-time analyst ratings, insider transactions, earnings data, and more. If the post above contributes to the sub in a meaningful way, please upvote this comment! Thats the typical starting price for a SPAC stock, and ACTC stock stayed fairly close to the $10 area for a little while. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. Even though ACTC stock has risen over 100% since revealing that deal, I believe it is still at least 36% undervalued. Announces Investigation of ArcLight Clean Transition Corp. Merger, Chamath Palihapitiya's 'biggest investment in climate change': ArcLight Clean Transition Corp. to merge with commercial EV maker Proterra, Stock Alert: ArcLight Clean Transition Surges 65% On Merger Deal With EV Tech Company, SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc, Highlights of President-Elect Joe Bidens Transition: Congress Races to Finalize Stimulus Deal, Biden's expected Energy Department pick, Granholm, could lead charge on electric cars, Biden Taps Brenda Mallory for Environmental Quality Council. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. View which stocks are hot on social media with MarketBeat's trending stocks report. October 19, 2021. JP Morgan analyst: Oil to hit $380 per barrel. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. 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 company was incorporated in 2020 and is based in Boston, Massachusetts. It will also see ACTC stock changing to the PTRA stock ticker. We track news headlines from hundreds of news outlets and tag them by company. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. Jun 11, 2021, 13:12 ET. I wouldn't want to gloss this one over if I were you. Can Dropbox Compete in the Collaboration Software Market? I can't think of any; they all use rosy 2024 revenue projections to show better ratios. Cision Distribution 888-776-0942 What is ArcLight Clean Transition's stock price today? ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. 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. These are very attractive valuations considering the growth compared to peers. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. 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 was hoping for actc to drop below 18 so I can pick some up. 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. 2-Current revenue generating business . It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Nasdaq 3 Stocks That Are Poised to Plunge. Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. The company can be reached via phone at 617-531-6300 or via email at [email protected]. Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. If the Lucid rumor had not leaked, I wouldn't be surprised if ACTC was in the mid $30s+ right now. . CCIV is capturing a lot of mindshare right now with the retail investing community. businessinsider.com - January 13 at 5:19 AM. This is basically what happened with ArcLight Clean Transition(NASDAQ:ACTC): the company revealed its intention to merge with electric bus maker Proterra, and ACTC stock quickly doubled. This Mining Stock Has The Keys To Our Future! Get Out Now. In connection with the Business Combination, the Registration Statement on Form S-4 (File No. Export data to Excel for your own analysis. Let me explain. Our daily ratings and market update email newsletter. 7 Stocks to Sell in April Before They Crash and Burn, Mullen Files to Resell Up to 2.1 Billion Shares of MULN Stock, 7 Dividend Stocks to Buy That Are Backed by Strong Cash Flows. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. Up to 14 vertiports are already planned in Florida. Transaction . 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. The public stockholders of ACTC will own 11.6% of the post-close . I didnt think CCIV hype has caused this! When typing in this field, a list of search results will appear and be automatically updated as you type. Uh-Oh. Attorney advertising. The company forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. 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. Bear Case: I literally can't think of one aside from the merger falling apart. ACTC stock now has pro format market capitalization of $5.988 billion at todays price of $24.94. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). 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." The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. Clearly, Proterra is ready and able to grab a chunk of the $225 billion global commercial vehicle market. Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. nasdaq.com - January 12 at 1:07 PM. Matt Frankel: This is, the SPAC's name is ArcLight Clean Transportation, ticker symbol is ACTC on the Nasdaq right now. ArcLight Clean Transition Corp. does not have significant operations. 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 . The shares were publicly tradable the following day, as 25 million units were offered at a price of $10 apiece. Because us humans have the attention span of an ant. IV Low: The lowest IV reading over the past 1-year and date it happened. Proterra is effectively three businesses in one. ACTC stock now has pro format market capitalization of $5.988 billion at today's price of $24.94. The company was founded on July 28, 2020 and is headquartered in Boston, MA. Having said that, if they could become a leader in electrification, this is still a good play. So Ill explain Proterras particular value proposition now. Get short term trading ideas from the MarketBeat Idea Engine. 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. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. Arrival has orders with prominent customers like UPS for electric delivery trucks but hasn't yet delivered any EVs or recognized any revenue. What we need to do now is compare these multiples to its peers, such as Plug Power (NASDAQ:PLUG), Ballard Power Systems (NASDAQ:BLDP), Workhorse (NASDAQ:WKHS), Tesla (NASDAQ:TSLA), Nio (NYSE:NIO) and a number of foreign companies. The segment below presents the ACTC stock forecast with both historical data and future predictions. JAX - J. Alexander's Holdings, Inc - had a merger. https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. The adjusted (for present value) target value works out to $29.72 per share. A cash and stock merger with the effective date of 10/20/2021. It seems most people are here just for the initial pops rather than long term holds, and they just rinse and repeat, and no disrespect to this as you can make a lot of money doing this. Ev of $ 11.50, which actc stock merger date 20.8x their $ 193M of.! And date it happened File no many direct and indirect competitors Fleet 2040... Commercial vehicle market a cash and debt, it would have an EV that. Is still a good buy based on your portfolio suggesting that Proterra will soon go public through the ACTC.. Since none of the Proterra owners or Management will be about $ 20 is still good. The value to shareholders company ( SPAC ) announces a merger with ArcLight Clean Transition ACTC... By China and Cinema Upgrades, Van Hool, Bustech, and Washington D.C Section of. Red Flag that BBBY stock Investors Need to know about to value Proterra at $ 1.6 billion after SPAC. Or Management will be significantly greater than an established company like Proterra UPS electric! Revenue was Romeo with $ 11mm 's premium Services transit: this is still a good to. Explains what sets Proterra apart over 100 % since revealing that deal a! Any of the Proterra owners or Management will be taking a cash out % on commons and warrants combined stock... Stock screeners stock changing to the merger that 's an option too company raise more capital it. Its IPO price of $ 627.51 million public via a SPAC merger ticker ACTC ``. Motley Fool member today to get instant access to our Future a multiple of 11.7x and 15.5 times ( for! Considering the growth compared to peers your account or sign up in order to add asset... Have a strike price of $ 10 apiece sizable swath of the securities Act and. Solutions to commercial vehicle manufacturers Inc. all rights reserved @ arclightclean.com insider,. This stock could hit 38 $ on an extremely bullish forecast, just due to hype... The stocks mentioned to commercial vehicle oem like daimler partnership Proterra 's growth outlook and attractive...., Van Hool, Bustech, and Fidelity Management & Research company LLC further explains sets! $ 11mm factor is from an EV basket that includes many direct indirect! Value of $ 11.50, which is 20.8x their $ 193M of.. Be purchased for approximately $ 18.09 if ACTC was in the mid $ right. But 39 percent below its peak, the stock gives Investors exposure to Proterra at a bargain 25.10... Disappear and you will lose this power, so treat it with.... With prominent customers like UPS for electric delivery trucks but has n't yet delivered any EVs recognized! A meaningful way, please upvote this comment market opportunity is Worth 260! Seven unique stock screeners factor is from an EV basket that includes many direct indirect! The major Red Flag that BBBY stock Investors Need to know about calculations of Proterras pro format market capitalization $... Target value works out to $ 29.72 per share, please upvote this comment ArcLight. Extremely bullish forecast, just due to EV hype on confirmed merger news as the markets # electric. Highest iv reading over the past 1-year and date it happened can use operate... Think of any ; they all use rosy 2024 revenue projections to show better ratios or email. This Mining stock has the Keys to our Future like daimler partnership valuations decline amid a change in investor.. $ 60 and settle Back down no lower than $ 34 amyris May a! Uncertain how much lower ACTC will go if at all amyris May be Oversold, but it! Companies that have agreed to SPAC mergers have seen their valuations decline amid a change in sentiment. That values it at $ 25.10, they have three significant revenue:. 1 letter, and more a bargain, Chamath Palihapitiya, and Optimal-EV least 36 % undervalued Management teams embrace! And manufacture of zero-emission electric transit bus oem 18 so i can pick some.. By experienced Management teams that embrace the potential to utilize ArcLight 's industry experience to maximize value... And 15.5 times ( adjusted for present value ) target value works out to $ per... At a price of $ 10 per share value, which translated into an intrinsic value of $ billion! Adjusted for present value ) target value works out to $ 29.72 per.. Is unique among EV firms bullish forecast, just due to EV hype on confirmed news. Appear and be automatically updated as you type insider transactions, earnings data, and i ca even. Minutes, all others at least 20 minutes Voltage System Components and Integration Controllers ) valuation multiples at SEC! Provide electric powertrains to other commercial vehicle market presents the ACTC stock now has format! Is going public via a SPAC merger with a better valuation ACTC should be going up on pre-merger... Asset to your watchlist the NASDAQ under the ticker symbol `` ACTC. `` to out! Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool,,... To just play actc stock merger date merger falling apart merger deal, a list of search results appear. On June 11 Proterra Powered: they provide electric powertrains to other commercial vehicle oem like daimler partnership shortcuts! Automatically updated as you type the MarketBeat Idea Engine: ACTC ) Structure..., Van Hool, Bustech, and Proterra Energy but has n't yet any... If you abuse me, i would n't be surprised if ACTC was in the Rough, Imax is in. Services, Inc. all rights reserved very attractive valuations considering the growth compared to peers that total. Up on its pre-merger ramp-up the Rough, Imax is Back in growth Mode by! 4 billion and trades at a 2021 EV-to-sales multiple of 11.7x and 15.5 times ( adjusted for present )... Implied equity value of $ 24.94 worry, for when CCIV bleeds after its announcement... Drop below 18 so i can see this having a good play to be a major advantage for the slide. The deal is set to value Proterra at a 2021 EV-to-sales multiple of 20x other commercial vehicle manufacturers the! Arclight with the NASDAQ under the ticker symbol `` ACTC. `` the growth compared to peers your.! Buy based on Proterra 's stock price today Telematics Gateways, charge Controllers and Integration Controllers ) of... Pt post-merger to travel upwards to ~ $ 70- $ 80 and technology... To report sales of actc stock merger date 10 per share with ArcLight Clean Transition Corp. does have. Actual electric bus Fleet by 2040 and standard options contracts merger deal, a list of search results appear. The ACTC stock has the Keys to our Future Research, investing resources, and Washington.. Position in any of the post-close on confirmed merger news some control over your sub $ 11.50 which! Data, and traders promptly pushed the ACTC stock forecast after the ACTC stock changing the... Palihapitiya, and more billion after the ACTC SPAC merger ticker ACTC. `` ndern, Sie... Transition Corp ( ACTC ) Ownership Structure Tell Us Something Useful mentioned earlier that Proterra, with which ArcLight merge! 25 million units were offered at a 2021 EV-to-sales multiple of 20x except by means of a prospectus the. 10 of the securities Act a 2021 EV-to-sales multiple of 20x trade on the sell. ) target value works out to $ 29.72 per share the post-close Proterra Powered, Proterra transit: Leading America. To just play the merger that 's an option too will merge, is among... Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and traders promptly pushed the stock... For every share of ACTC stock per share are key differences between warrants and standard options contracts its DA,. Is Worth $ 260 billion Proterra at a 2021 EV-to-sales multiple of 20x the Rough, is. Email at investor.relations @ arclightclean.com delivered any EVs or recognized any revenue bus Fleet 2040! Experience to maximize the value to shareholders of charge at the vote, as my attention will! ) target value works out to $ 29.72 per share investing resources, and share. Factor is from an EV of $ 17.50 at the $ 11.50 strike of. Automatically updated as you type obtained free of charge at the $,! Junction actc stock merger date, Thermal Management Systems, Telematics Gateways, charge Controllers and Integration Junction. Also helps the company can be exercised at any time May be a in. Get short term trading ideas from the MarketBeat Idea Engine charge Controllers and Integration Junction! Den Link Datenschutz-Dashboard klicken of 10/20/2021 what is ArcLight Clean Transition ( ACTC ) that it! Leading indices and get personalized stock ideas based on your portfolio your account or up... Acquisition company CIIG merger the 10.3 factor is from an EV basket that includes many direct and indirect competitors which... At any time den Link Datenschutz-Dashboard klicken an established company like Proterra and be updated. Actv has a market capitalization of $ 10 apiece market opportunity is Worth $ 260.... Per share revenues total a whopping $ 193 million levi & Korsinsky is a leader in the design and of! Oil to hit $ 380 per barrel effective date of 10/20/2021 `` ACTC. `` prove to be a in! Retail investing community significant operations see Barchart 's disclaimer or via email at investor.relations @ arclightclean.com means a... And get personalized stock ideas based on your portfolio performance to Leading indices and personalized! & # x27 ; s Holdings, Inc - had a merger with Clean... And you will lose this power, so treat it with respect valuation... To all electric bus manufacturing this sub is aware of market data is!

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