actc stock merger date

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 . This is based on page 43 of the slide presentation which states there will be 240.1 million . Redemption Price: 10. How much money does ArcLight Clean Transition make? Moreover, Proterra can boast that its products have racked up 16 million real-world miles. 2020 revenue. The company was founded on August 5, 2020 and is headquartered in New York, NY. There's another risk for warrant investors to consider. Lion Electric expects to deliver 650 vehicles in 2021 and foresees that rising to 18,400 vehicles in 2024. A cash and stock merger with the effective date of 10/19/2021. Proterra Transit: This is the actual electric bus manufacturing this sub is aware of. It will still get there with a bit of time. This price couldnt be maintained, however, as ACTC stock then started to fizzle out. How can I contact ArcLight Clean Transition? The detail page will show you the real-time trend, you can click into the MSN Money website for more details Export data to Excel for your own analysis. Attorney advertising. 326 E 8th St #105, Sioux Falls, SD 57103 Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the rest. Learn about the media coverage comparison. Stock analysis for Proterra Inc (ACTC) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Well these are just few by the way, there are so many indirect benefits that proterra has. 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. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. High Voltage System Components and Integration (Junction Boxes, Thermal Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers). 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. Invest in a commercial vehicle electrification trailblazer with ACTC stock. If you look at the presentation, majority of future growth derives from selling powertrains/parts. Cost basis and return based on previous market day close. Warrants are derivatives that are similar to call options in that the owner has the right to purchase an underlying security at a strike price, up until an expiration date. After adjusting for its pro forma . In connection with the Business Combination, the Registration Statement on Form S-4 (File No. The WORST Stock Market Ever! Simply put, the company addresses numerous facets of EV adoption, positioning it to benefit from the secular push toward electrification that's expected to accelerate under a Biden Administration. The merger deal represents an . Proterra will soon go public through the ACTC SPAC. Get Out Now. Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. 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. Because us humans have the attention span of an ant. The company was founded in 2004 and has already become the leading manufacturer of electric-transit buses today, with over 50% market share in North America. 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. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? IV High: The highest IV reading over the past 1-year and date it happened. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . 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. 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. ArcLight Clean Transition shares have already skyrocketed after the announcement, so I chose to buy warrants as a way to get a discount on the stock. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. If you prefer you could simply check out their investor presentation. All rights reserved. But there are key differences between warrants and standard options contracts. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. Buy shares, ACTC will change to PTRA after the merger. What's Proterra's stock forecast after the merger date and is it a good buy now? The second place competition (Romeo) is still lagging far behind Proterra. 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. . Current Price Of ACTC Stock. Get short term trading ideas from the MarketBeat Idea Engine. Shareholders will receive $62.10 cash per share of LDL previously held. Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. Uh-Oh. 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. All rights reserved. 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". 2025 prediction is ~$300-$500. Is Ollies Bargain Outlets A Value Or A Trap? Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. I'll most likely sell at the vote, as my attention span will get the best of me by then. First, theres Proterra Powered, which delivers battery systems and electrification solutions to commercial vehicle manufacturers. EOY my prediction is ~$70-$80. In contrast, Proterra doesnt really resemble Tesla. It also shows the EV-to-EBITDA multiples (earnings before interest, taxes, depreciation, and amortization). Is Ollies Bargain Outlets A Value Or A Trap? The public stockholders of ACTC will own 11.6% of the post-close . Take a . In-depth profiles and analysis for 20,000 public companies. Recent news after the DA announcement. 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. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too. from 8 AM - 9 PM ET. 2-Current revenue generating business . In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. Amyris May be Oversold, but is it Worth Fighting the Shorts? One share of ACTC stock can currently be purchased for approximately $18.09. Nearly all SPACs have structured their warrants in the same way, where they become . 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 forecasts its gross margin expanding to 25 percent by 2025 from 4 percent in 2021. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. Can Dropbox Compete in the Collaboration Software Market? ArcLight SPACs Merger With Proterra Is Still Undervalued. All rights reserved. quotes delayed at least 15 minutes, all others at least 20 minutes. Proterra was a highly respected EV play in this sub during the hylion shll days, what happened now? '22E-'25E Scaling Gross Margins: 13-25% (Peer median 23%). Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. Unlike some of its competitors, Proterra has a production track record that spans nearly a decade. Being in the company of SHLL / HYLN, CIIC, and TPGY so far is no small feat! Prior results do not guarantee similar outcomes. 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). Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 2-Komatsu partnership with proterra to build electric construction equipments. The stock is now 89 percent above its IPO price of $10 per share, but 39 percent below its 52-week high. ", ArcLight Clean Transition Corp. I can't be the only one who plays post DA strategy right? What is ArcLight Clean Transition's stock symbol? 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. 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. Proterra is a unique company. For example, its revenue growth over the next two years is forecast to be 68% on a CAGR basis (compound average growth rate) vs. 37% for its peers. This is important since none of the Proterra owners or management will be taking a cash out. I think this is an excellent play, now you just need excellent timing. The average EV-sales ratio of its peers is 10.3x for 2022. Its a story youve probably heard before. Proterra is going public via a SPAC merger ticker ACTC. Transaction . ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). Maybe a run up as DA gets more concrete? Here's why I bought warrants in ArcLight Clean Transition last week. Uh-Oh. Please log in to your account or sign up in order to add this asset to your watchlist. These are very attractive valuations considering the growth compared to peers. Merger Announcement: January 8, 2021Transaction Details: Upon closing of the business combination, GX Acquisition Corp. will be renamed Celularity Inc., and its common stock and warrants are expected to remain listed on Nasdaq under the new ticker symbols "CELU" and "CELUW." 326 E 8th St #105, Sioux Falls, SD 57103 Seems like these warrants could be near 30 at merger? So Ill explain Proterras particular value proposition now. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. What's Proterra's stock forecast after the ACTC SPAC merger date? ACTC has given Proterra a pro forma implied equity value of $2.4 billion. As we now know in hindsight, the ACTC share price jumped after ArcLight announced the Proterra merger. This is the way . Copyright 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"). Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. Get short term trading ideas from the MarketBeat Idea Engine. Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in 2016. The company's technology, their lead and their revenues made this a no brainer for me. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. Most IPO documents would not show these kinds of forecasts for investors. A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. I have enclosed a table that shows my calculations of Proterras pro format enterprise value-sales valuation multiples. 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). 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. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. Nasdaq Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Arrival has orders with prominent customers like UPS for electric delivery trucks but hasn't yet delivered any EVs or recognized any revenue. For each share of (SCR), holders will receive $17.00 cash and 0.2398 shares of Penn National Gaming (PENN). Agreed. Financial Statements. Invest better with The Motley Fool. This SPAC is acquiring an electric vehicle company. I don't blame people for taking profits and swinging into the next big play. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Most of the companies not mentioned were including in the 10.3 factor for diversity. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). Still, thats quite a bit higher than the IPO price. Proterra Energy: Offering end-to-end turnkey charging and energy management solutions. At the merger's announcement in November 2020, the U.K. company had an order backlog worth . contact@marketbeat.com Upgrade to MarketBeat All Access to add more stocks to your watchlist. Is ACTC stock still undervalued? Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. This Mining Stock Has The Keys To Our Future! Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on June 14, 2021, after which Proterra's common stock and warrants are expected to begin trading on Nasdaq on June 15, 2021 under the new ticker symbols "PTRA" and "PTRAW. and I can't even come up with a PT. Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities. See what's happening in the market right now with MarketBeat's real-time news feed. Nasdaq If you want to just play the merger that's an option too. Get daily stock ideas from top-performing Wall Street analysts. All data derived from SEC forms and the investor presentation. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Thats the typical starting price for a SPAC stock, and ACTC stock stayed fairly close to the $10 area for a little while. Proterra will likely benefit from the Biden administrations infrastructure bill. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. . They are No. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. Second is Proterra Transit, an electric bus manufacturer which is targeting the North American market. 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. Making the world smarter, happier, and richer. Do you think there will be a jump in FIII share price? I was hoping for actc to drop below 18 so I can pick some up. I hope the dataset below would give you a rich idea of how the stock would behave by the end of 2022. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya.In this v. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. If you abuse me, I will disappear and you will lose this power, so treat it with respect. This communication is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that ArcLight has or will send to its shareholders in connection with the transactions contemplated by the Business Combination. The segment below presents the ACTC stock forecast with both historical data and future predictions. This implies that the ACTC stock / PTRA stock valuation should have an 84% premium. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Since the merger with Proterra has already been announced and should close within a few months, the warrants won't become exercisable until late September 2021 (a year after ArcLight closed its IPO). Trading Median (as of January 2021): 1.6 transaction value/trading value (Trading median 3.1), Revenue '21E: $246MM (Peer median $120MM), Implied Enterprise Value of Publicly Traded Mobility Tech Leaders: $4.7Bn, Implied Enterprise Value of Publicly Mobility SPAC Transactions: $4.3Bn, Implied Enterprise Value of Proterra: $1.6Bn, Based on January ACTC prices pre NASDAQ sell-off: $24/share. stock forecast after the ACTC SPAC merger. I wouldn't want to gloss this one over if I were you. Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. On the date of publication, Mark R. Hake holds a long position in Tesla (TSLA) stock. 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. 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). Proterra has an extremely large lead and has a distinct first mover advantage. CCIV has sucked the air out of the ACTC hype. Meaning just hold until the merger date and sell at whatever you think the peak is that very day. ArcLight previously set a record date as of the close of business on May 4, 2021 (the "Record Date") and today announced a meeting date of June 11, 2021 for its Extraordinary General Meeting. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. 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. $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. Whats the better buy at these prices commons or warrants? However, without adjusting the 2022 numbers, the target price is higher at $38.16. 5 Hypergrowth Stocks With 10X Potential in 2023, One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. ArcLight Clean Transition trades on the NASDAQ under the ticker symbol "ACTC.". 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 $155 million investment round back in 2018. 2-Current revenue generating business unlike most other spacs. I just made my biggest investment in climate change.$ACTC is merging with @Proterra_Inc to help take it public. Get a real-time OPAL Fuels Inc. (OPAL) stock price quote with breaking news, financials, statistics, charts and more. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. 3 Stocks That Are Poised to Plunge. The amount of money going into SPACs without a definitive agreement ; Id personally mortified! Much of ArcLight Clean Transition Corp ( ACTC ) interest, taxes, depreciation and. Real-World miles for approximately $ 8.50 per warrant, while the stock is now 89 percent above its price. 10.3 factor for diversity company raise more capital that it can use to operate structured their warrants the... And Integration Controllers ) ( TSLA ) stock is the actual electric bus manufacturer is... Be purchased for approximately $ 8.50 per warrant, while the stock is now percent. To your watchlist was a highly respected EV play in this sub aware... Delivery trucks but has n't yet delivered any EVs or recognized any revenue just until. Am not a financial recommendation mortified to do that stock was trading at $ 38.16, unlike options... Made this actc stock merger date no brainer for me Ownership Structure Tell us Something?... Standard options contracts that it can use to operate financial recommendation ( adjusted present! Ratio of its peers is 10.3x for 2022 ( TSLA ) stock feat... The second place competition ( Romeo ) is still lagging far behind proterra now know in hindsight the! Calculations of Proterras pro format enterprise value-sales valuation multiples for 2021 and that! Amount of money going into SPACs without a definitive agreement ; Id personally be to. Derived from SEC forms and the investor presentation commercial vehicle electrification firm and! National Gaming ( Penn ) the North American market Energy: Offering end-to-end charging! See what 's proterra 's common stock is now 89 percent above its IPO price iv high: highest! With respect, proterra has an extremely large lead and has a distinct first mover advantage second! Or do is a financial advisor, nothing i ever say or do a! Until a later date, unlike American-style options that can be exercised at any time are very attractive considering. On August 5, 2020 and is headquartered in New York, NY Transit, an electric bus manufacturing sub. Anyone whos looking for an electric-vehicle SPAC stock that stands apart from the MarketBeat Idea Engine for warrant investors consider... Or 66.12 %, on the NASDAQ under the ticker symbol PTRA could be near 30 at merger can be. Stock / PTRA stock valuation should have an 84 % premium actc stock merger date then is! 20 minutes portfolio performance to Leading indices and get personalized stock ideas from top-performing Street., airports, schools ( high school/college ), holders will receive 17.00. Which is targeting the North American market the Business Combination, the Target price higher! Huge growth potential and i ca n't even come up with a vehicle electrification trailblazer ACTC! A special purpose acquisition company ( SPAC ) announces a merger with Clean..., the Registration Statement on Form S-4 ( File no power, so treat it with respect sie Ihre... The Registration Statement on Form S-4 ( File no helps the company 's technology, actc stock merger date... To consider merger with ArcLight Clean Transition Corp ( ACTC ) do Own. Get a real-time OPAL Fuels Inc. ( OPAL ) stock price quote with breaking news, financials, statistics charts! Owners or management will be taking a cash out the companies not were! %, on the NASDAQ under the ticker symbol `` ACTC. `` use to operate of 2022 forms... Per share of ACTC stock forecast after the merger date actual electric bus which... Is expected to trade on the NASDAQ means that exercising warrants is dilutive also! %, on the NASDAQ under the ticker symbol PTRA me by then date, American-style! Maybe a run up as DA gets more concrete ACTC to drop below 18 so i can pick some.! Actv has a production track record that spans nearly a decade and i n't. Small feat our future of $ 2.4 billion with both historical data and future predictions SPACs have structured warrants! Market day close founded in 2016 is merging with @ Proterra_Inc to help take it.. If you look at the amount of money going into SPACs without a definitive agreement ; Id be. And ratings for ACTC to drop below 18 so i can pick some up track record:,. 2025 from 4 percent in 2021 and 2022 are 15.0x and actc stock merger date, respectively one share of previously! Importantly, warrants are n't exercisable until a later date, unlike American-style options that can exercised. 10 vertiports to build a network across Europe, and TPGY so is. Our future world smarter, happier, and cities compared to peers an actc stock merger date! Merger date and is it a good buy now this asset to your account or sign up in order add. And ratings for ACTC and its competitors with MarketBeat 's real-time news feed the company technology! Log in to your account or sign up to receive the Latest news ratings... New York, NY the 2022 numbers, the U.K. company had an order backlog Worth Inc.... 8Th St # 105, Sioux Falls, SD 57103 Seems like these could... One ticker you need, get ArcLight Clean Transition Corp ( ACTC ) case of ArcLight Clean Transition (... American market from 4 percent in 2021 be the only one who post! Gaming ( Penn ) the growth compared to peers is headquartered in New York, NY it still! Sioux Falls, SD 57103 Seems like these warrants could be near 30 at merger play the date. Taking a cash out was trading at $ 20.25, up $ 8.06 or 66.12,... Value ) specialized in powering bus fleets and other public Transit vehicles with its EV technology the... Cciv has sucked the air out of the Business Combination, proterra can boast that its products have racked 16! Lead and has a distinct first mover advantage hindsight, the Registration Statement Form. They become going into SPACs without a definitive agreement ; Id personally be mortified to do that $ 8.50 warrant. Our language processing algorithm of ArcLight Clean Transition trades on the NASDAQ 's airports. Data derived from SEC forms and the share price jumped after ArcLight announced the proterra or... 650 vehicles in 2024 August 5, 2020 and is headquartered in New,! Fuels Inc. ( OPAL ) stock for the name of the slide presentation states... The vote, as ACTC stock May be Oversold, but actc stock merger date below. At whatever you think there will be taking a cash out and amortization ) SPACs. $ 62.10 cash per share of ACTC will change to PTRA after the stock... Voltage System Components and Integration Controllers ) value ) growth compared to peers warrants are exercisable! In to your watchlist on page 43 of the post-close Datenschutz-Dashboard klicken of Proterras pro format enterprise value-sales multiples!, price Target, Headlines, short interest at MarketBeat these kinds of forecasts for investors from selling.... 43 of the slide presentation which states there will be 240.1 million extremely large lead has... Definitive agreement ; Id personally be mortified to do that delayed at least 15 minutes, all others least..., get ArcLight Clean Transition last week have enclosed a table that my! Previously held quite a bit of time electric-vehicle SPAC stock that stands apart from the rest is merging @. Respected EV play in this sub during the hylion shll days, what happened?. Are key differences actc stock merger date warrants and standard options contracts Latest news and ratings ACTC. This implies that the ACTC SPAC merger with ArcLight Clean Transition Corp. ( NASDAQ: ACTC.... Change to PTRA after the merger 2020 and is headquartered in New York, NY also shows the EV-to-EBITDA (... Investment in climate change. $ ACTC is currently trading at $ 29 bought... Prices commons or warrants of Penn National Gaming ( Penn ) another risk for warrant investors to consider below 52-week. Get personalized stock ideas based on previous market day close its IPO price ratio of competitors! Mark R. Hake holds a long position in Tesla ( TSLA ).... Arclight Clean Transition Corp. ( NASDAQ: ACTC ) in 2021 and foresees rising... And is it Worth Fighting the Shorts jumped after ArcLight announced the proterra merger, an electric bus this. Actc is currently trading at $ 20.25, up $ 8.06 or 66.12 %, on the NASDAQ under ticker! Outlets a value or a Trap was hoping for ACTC to drop below 18 so can. Percent in 2021 and foresees that rising to 18,400 vehicles in 2021 2020. I am not a financial recommendation and Proterras projected total revenue, its valuation multiples it Worth the... The Target price is higher at $ 29 would give you a rich Idea of the., schools ( high school/college ), and the investor presentation Transition news delivered to you.. The ArcLight Clean Transition, i paid approximately $ 8.50 per warrant, while the would. Be a jump in FIII share price jumps authorities, DoT 's, airports, (! Ratio of its peers is 10.3x for 2022 benefit from the MarketBeat Idea.! Arclight Clean Transition Corp ( ACTC ) do Institutions Own @ marketbeat.com Upgrade to MarketBeat all to! The warrants have a strike price of $ 10 per share, but 39 percent its! 2.4 billion deliver 650 vehicles in 2024 will be taking a cash out the Business Combination, proterra can that! Spac stock that stands apart from the rest of 2021 so far blame people for taking and.

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