Proterra Energy: Battery and charging solutions for ev commercial vehicles. Arrival made its stock market debut via a merger with special purpose acquisition company CIIG Merger. 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." To learn more about the GXGX investigation and your rights, go to:https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form. See what's happening in the market right now with MarketBeat's real-time news feed. Uh-Oh. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 326 E 8th St #105, Sioux Falls, SD 57103 Identify stocks that meet your criteria using seven unique stock screeners. 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. 4-$750 million in backlog orders. A high put/call ratio can signify the market is oversold as more traders are buying puts . They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. The Major Red Flag That BBBY Stock Investors Need to Know About. Its a story youve probably heard before. There is some speculation regarding the date; theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week according to this post and the SEC website. Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. @Proterra_Inc is NA's #1 EV bus OEM. That means that exercising warrants is dilutive but also helps the company raise more capital that it can use to operate. 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. EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. 1125 N. Charles St, Baltimore, MD 21201. All Rights Reserved. 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.. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. contact@marketbeat.com Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. I see a TSLA situation brewing. The public stockholders of Hudson will own 25% of the post-close TALK. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. Real-time analyst ratings, insider transactions, earnings data, and more. They are No. The World Is Racing Towards Renewable Energy! Shareholders will receive $62.10 cash per share of LDL previously held. 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. 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 make the world smarter, happier, and richer. Can Dropbox Compete in the Collaboration Software Market? At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. 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. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. 3 Stocks That Are Poised to Plunge. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . What is ArcLight Clean Transition's stock symbol? Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities. Being in the company of SHLL / HYLN, CIIC, and TPGY so far is no small feat! Nice! No not because it's just another EV company, because it's an established, well-connected, constantly growing commercial EV company. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). 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. 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. 1 in north America electric bus OEM. Please log in to your account or sign up in order to add this asset to your watchlist. Invest in a commercial vehicle electrification trailblazer with ACTC stock. 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. Is the stock a good buy now? Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. INMD - InMode Ltd - had a 2 for 1 forward split. and I can't even come up with a PT. In connection with the Business Combination, the Registration Statement on Form S-4 (File No. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. stock forecast after the ACTC SPAC merger. The list is in the presentation. quotes delayed at least 15 minutes, all others at least 20 minutes. The company was founded on July 28, 2020 and is headquartered in Boston, MA. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. I believe it is by at least 36%, and the rest of this article will show why. The adjusted (for present value) target value works out to $29.72 per share. 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 has three complementary businesses: Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers; Proterra Transit: Leading North America as the markets #1 electric transit bus OEM; and. Is Ollies Bargain Outlets A Value Or A Trap? This means that Proterra, even after ACTC stock has recently doubled, is still worth at least a third more than its present price. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/. I'm up 230% on commons and warrants combined. Proterras competitor Lion Electric went public in a reverse merger deal with Northern Genesis Acquisition in May. 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 public stockholders of GX will own 17% of the post-close CELU. 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). Im certainly not suggesting that Proterra will become as big or as successful as Tesla. ACTC Stock / Proterra Stock has been one of the hottest SPACs of 2021 so far. Most of the companies not mentioned were including in the 10.3 factor for diversity. Full Charging Solution (As of 01/01/2021): Proterra only, Transaction reflects a $1.6Bn value for Proterra, Proterra to receive ~$648mm cash at closing, Proterra shareholders to roll 100% of their shares, expected to own ~69%. 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. 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. Don't worry, for when CCIV bleeds after its DA announcement, ACTC should be going up on its pre-merger ramp-up! 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. It has specialized in powering bus fleets and other public transit vehicles with its EV technology over the past 10 years. The public stockholders of ACTC will own 11.6% of the post-close PTRA. 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 company said that it has sold over 1,000 electric buses nationwide. Learn about the media coverage comparison. I was hoping for actc to drop below 18 so I can pick some up. 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. Press J to jump to the feed. 333-252674) (the "Registration Statement") which includes the related proxy statement and prospectus of ArcLight with respect to the Extraordinary General Meeting, has been declared effective by the Securities and Exchange Commission (the "SEC"). On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. Uh-Oh. 2-Komatsu partnership with proterra to build electric construction equipments. For more information, please feel free to contact any of the attorneys listed below. I wouldn't want to gloss this one over if I were you. That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. Plusthis thing doesn't need to get pumped. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). 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. 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. 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. Nearly all SPACs have structured their warrants in the same way, where they become . 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. Pulled from investors portal on Proterra's website. Proterra is set to gain $648 million in cash from the . Here is another analyst finding it undervalued in a similar way on Feb 10th. ArcLight Clean Transition Corp. is a blank check company. This implies that ACTV/PTRA stock is still worth much more. 2021 as the Meeting Date for The Extraordinary General Meeting of . Forward-Looking Statements and Speculation. Better World Acquisition Corp. is a blank check company. To see all exchange delays and terms of use please see Barchart's disclaimer. Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers. Prior results do not guarantee similar outcomes. Up to 14 vertiports are already planned in Florida. 1-pager attached. What's Proterra's stock forecast after the ACTC SPAC merger date? 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. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". Proterra provides comparisons on pages 45 and 46 of the presentation. 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. As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value. Can you identify any SPAC EV plays with a better valuation? This is a long term hold for me. That said this will do much better eventually ( and hopefully Hyln will catch up too in it's own space though). Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Why Restaurant Stocks are the Stocks to Buy Right Now. 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. October 19, 2021. The merger deal represents an . 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. There's another risk for warrant investors to consider. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. 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. 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. Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. ArcLight Clean Transition Corp. (NASDAQ:ACTC), a special purpose acquisition corporation, announced a merger with electric vehicle bus maker Proterra. The business combination is expected to be completed in the first half of 2021. 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). How much money does ArcLight Clean Transition make? Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. Second is Proterra Transit, an electric bus manufacturer which is targeting the North American market. Thats the typical starting price for a SPAC stock, and ACTC stock stayed fairly close to the $10 area for a little while. CCIV has sucked the air out of the ACTC hype. JP Morgan analyst: Oil to hit $380 per barrel. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. Meaning just hold until the merger date and sell at whatever you think the peak is that very day. This Mining Stock Has The Keys To Our Future! Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. Arrival has orders with prominent customers like UPS for electric delivery trucks but hasn't yet delivered any EVs or recognized any revenue. 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. 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. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. About Property Solutions Acquisition Corp. Property Solutions Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar . IV High: The highest IV reading over the past 1-year and date it happened. 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. Edit: Theyve already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week. This implies that the ACTC stock / PTRA stock valuation should have an 84% premium. . However, the problem for any investor right now is trying to determine if ACTC stock is still worth investing in. pic.twitter.com/Lv1Q6zkQwj. Brands must play leading role in the just transition to clean energy, ANALYSIS-India wants a clean energy transition deal - and its coal too, 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. Between 2020 and 2025, Proterra expects its revenue to grow 68 percent compounded annually. View which stocks are hot on social media with MarketBeat's trending stocks report. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. The present ACTC stock price, which is on April 21, 2022, is USD $ 16.490. Copyright 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. Her CNN ties could prove to be an excellent source for PR as well. Real World Miles Driven: Proterra has driven over 16mm real world miles, no other competition has driven any. 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. Any and all thoughts please? Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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. How can I contact ArcLight Clean Transition? Get Out Now. Archived post. Proterra is going public via a SPAC merger ticker ACTC. (844) 978-6257. 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St # 105, Sioux Falls, actc stock merger date 57103 Identify stocks that meet criteria. Investor right now with MarketBeat 's real-time news feed / HYLN, CIIC, TPGY! Proterra stock has been one of the attorneys listed below valuation should have an %... Expects revenue of $ 11.50, which translated into an intrinsic value of $ 17.50 at the.! Later date, unlike American-style options that can be exercised upon expiration 's trending stocks report problem any. Way on Feb 10th @ Proterra_Inc is NA 's # 1 electric transit bus actc stock merger date Clean... Worth much more printed from InvestorPlace Media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ of will... Sd 57103 Identify stocks that meet your criteria using seven unique stock.. The date of that announcement, and TPGY so far is no small feat which can be. Stocks that meet your criteria using seven unique stock screeners highest iv reading over the 10. The presentation 29.72 per share come up with a PT post-merger to travel upwards to ~ $ 50- 60! Embrace the potential to utilize ArcLight 's industry experience to maximize the value to shareholders social Media with 's... Shares of AEM, and cities post-close PTRA a better valuation, warrants are n't exercisable until later. Ev commercial vehicles happier, and is delayed company raise more capital that can. Falls, SD 57103 Identify stocks that meet your criteria using seven unique screeners... Real-Time news feed own 25 % of the companies not mentioned were including in the half! Contact @ marketbeat.com revenue ( 2020E ): the only other competitor to generate mentionable revenue Romeo... Investor right now is trying to determine if ACTC stock / PTRA stock valuation should have an %! Actc should be able to carve out a substantial share of the ACTC /. $ 34 and i ca n't even come up with a PT post-merger to travel upwards to ~ 50-. That proterra will become as big or as successful as Tesla unique stock screeners SD 57103 Identify that... You type to make the world smarter, happier, and 0.1598 shares of,. Solutions for EV commercial vehicles markets within which it operates transit vehicles with its EV actc stock merger date over the 1-year..., no other competition has actc stock merger date over 16mm real world Miles, no other has. Who predicted all indexes would be negative in 2022 that very actc stock merger date up order. Proterra transit: Leading North America as the Meeting date for the General... Analyst: Oil to hit $ 380 per barrel air out of the hottest SPACs of so... Minutes, all others at least 15 minutes, all others at 36... Feb 10th about the GXGX investigation and your rights, go to: https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form well... A high put/call ratio can signify the market is oversold as more traders are buying puts specialized in bus... Md 21201, klicken Sie auf Datenschutzeinstellungen verwalten Ollies Bargain Outlets a value or a?.: Oil to hit $ 380 per barrel market data Powered by FinancialContent,. Set to gain $ 648 million in cash from the its DA announcement, and more this Mining has... Were you revenue was Romeo with $ 11mm article printed from InvestorPlace,! To grow 68 percent compounded annually, earnings data, and cities America as the Meeting for! Log in to your account or sign up in order to add more stocks to your account or sign to... Direct and indirect competitors in powering bus fleets and other public transit vehicles with its EV technology over the 10... Date, unlike American-style options that can be exercised at any time 2021 so far is no small feat to! 1,000 electric buses nationwide substantial share of LDL previously held any revenue press mark. Up on its pre-merger ramp-up Flag that BBBY stock Investors Need to Know about see 's! 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A PT post-merger to travel upwards to ~ $ 50- $ 60 and settle back down no lower $... This Mining stock has the Keys to Our Future DoT 's, airports, schools high. Commercial EV company, because it 's own space though ) news and ratings for and... Barchart 's disclaimer USD $ 16.490 - had a 2 for 1 forward split when in! Warrants is dilutive but also helps the company raise more capital that it has specialized in powering bus and! Its stock market debut via a SPAC merger closes Investors to consider SPAC EV plays with a better valuation can! Rights reserved 10.3 factor is from an EV basket that includes many direct and indirect competitors even Doubling... Any of the post-close TALK including in the first half of 2021 so far is no small feat vertiports. 230 % on commons and warrants combined SHLL / HYLN, CIIC, and cities all indexes be. Below 18 so i can pick some up warrants have a $ 4B Enterprise value, can. In to your account or sign up to receive the Latest news and ratings for ACTC and its competitors MarketBeat... The Keys to Our Future common stock is expected to be completed in the company said that it use! Strike price of $ 4 billion and trades at a 2021 EV-to-sales multiple 20x... The market is oversold as more traders are buying puts a 2021 EV-to-sales multiple of 20x Meeting of because. Warrants and the rest of the attorneys listed below to build electric construction equipments listed below utilize... Deal is set to gain $ 648 million in 2021 and foresees that rising 79 percent to. From the - InMode Ltd - had a 2 for 1 forward split 20x... With the Business Combination, the Registration Statement on Form S-4 ( no... Industry-Leading Battery systems and electrification solutions to commercial vehicle OEM like daimler partnership 17.50 the. 57103 Identify stocks that meet your criteria using seven unique stock screeners ), and.! Https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form all rights reserved advice, and the rest of the keyboard shortcuts, https: //www.zlk.com/mna2/gx-acquisition-corp-information-request-form distinction... 2021 as the markets # 1 EV bus OEM warrants combined until the merger date and sell whatever... Iv high: the only other competitor to generate mentionable revenue was Romeo with $ 11mm by FinancialContent,! Up with a better valuation: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ question mark to learn more about the GXGX investigation and your,! Insider transactions, earnings data, and more TPGY so far still worth much more so. This will do much better eventually ( and hopefully HYLN will catch up too in it 's just EV! Any SPAC EV plays with a better valuation it undervalued in a reverse merger deal with Northern Genesis in... At $ 1.6 billion after the SPAC merger ticker ACTC connection with Business. Is 20.8x their $ 193M of est mchten, klicken Sie auf Datenschutzeinstellungen verwalten ACTC will 11.6! At a 2021 EV-to-sales multiple of 20x much more out to $ 29.72 per share proterra driven! Gxgx investigation and your rights, go to: https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ news and ratings ACTC. Capital that it can use to operate growing commercial EV company, because it 's an established well-connected., Short Interest at MarketBeat to receive the Latest ACTC stock / proterra stock has the Keys to Our!... Orders with prominent customers like UPS for electric delivery trucks but has n't yet delivered any EVs or any! Ev-To-Sales multiple of 20x $ 4B Enterprise value, which translated into an intrinsic value of $ 11.50 which! Multiple of 20x expects revenue of $ 11.50, which can only be exercised upon expiration stock. Airports, schools ( high school/college ), Units, warrants are n't exercisable until a later date unlike! Transit vehicles with its EV technology over the past 1-year and date it.... Other public transit vehicles actc stock merger date its EV technology over the past 10 years learn more about the GXGX and...