The public stockholders of ACTC will own 11.6% of the post-close . Attorney advertising. 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. Can Dropbox Compete in the Collaboration Software Market? Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. Our daily ratings and market update email newsletter. Proterra generated $123 million in revenue in 2018, which jumped nearly 50% to $181 million in 2019. Let's find Proterra's value here without the SPAC shenanigans. Lilium is also in advanced discussions with key infrastructure partners for 10 vertiports to build a network across Europe. I don't blame people for taking profits and swinging into the next big play. Take a . It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. 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. One share of ACTC stock can currently be purchased for approximately $18.09. Create an account to follow your favorite communities and start taking part in conversations. Offers may be subject to change without notice. Put/Call Vol Ratio: The total Put/Call volume ratio for all option contracts (across all expiration dates). RMRM - RMR Mortgage Trust Common Stock - had a ticker change to SEVN. The second place competition (Romeo) is still lagging far behind Proterra. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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. Is Ollies Bargain Outlets A Value Or A Trap? At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. I see a TSLA situation brewing. This is based on page 43 of the slide presentation which states there will be 240.1 million . Watch my video first. To see all exchange delays and terms of use please see Barchart's disclaimer. Capstead Mortgage Corporation (CMO) has been delisted as of 10/18/2021. 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. This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. This means that Proterra, even after ACTC stock has recently doubled, is still worth at least a third more than its present price. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast. Get daily stock ideas from top-performing Wall Street analysts. Proterra is effectively three businesses in one. As of last September, the company was expecting to report sales of $193 million for 2020. The merger would be completed as soon as it's approved. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. Copyright Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock price to $25 on that day. And These Metal May Be The Key Element.document.write(''); 0.43Average Auto/Tires/Trucks News Sentiment. I'm just trying to share the find. But there are key differences between warrants and standard options contracts. 1 in north America electric bus OEM. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. 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. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? How much money does ArcLight Clean Transition make? The list is in the presentation. On the date of publication, Mark R. Hake holds a long position in Tesla (TSLA) stock. 1125 N. Charles St, Baltimore, MD 21201. With a long-time horizon for my Proterra investment, I don't mind waiting to exercise them while monitoring for a redemption announcement. Cost basis and return based on previous market day close. We may support this stock at a later date. A slight pullback is normal and knowing that this still has legs to run once we get 30 days away from the vote, I'll hold and squeeze this cash register for more profits. 1-Daimler partnership & Investor. Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. If someone could provide a bear case in the comments for Proterra (assuming the merger is successful) I would love to discuss it, because either I'm missing something glaringly obvious or this might be my greatest pick. As I say this is very helpful. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts, https://www.sec.gov/cgi-bin/browse-edgar?CIK=1820630&owner=exclude. CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.jlevi@levikorsinsky.com55 Broadway, 10th FloorNew York, NY 10006Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com, View source version on accesswire.com: https://www.accesswire.com/624957/MERGER-ALERT--ACTC-HEC-and-GXGX-Levi-Korsinsky-LLP-Reminds-Investors-of-Investigations-Concerning-the-Mergers-of-these-Companies, https://www.zlk.com/mna2/arclight-clean-transition-corp-information-request-form, https://www.zlk.com/mna2/hudson-executive-investment-corp-information-request-form, https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form, https://www.accesswire.com/624957/MERGER-ALERT--ACTC-HEC-and-GXGX-Levi-Korsinsky-LLP-Reminds-Investors-of-Investigations-Concerning-the-Mergers-of-these-Companies. Please log in to your account or sign up in order to add this asset to your watchlist. So Ill explain Proterras particular value proposition now. Prediction Of ACTC Stock Price. ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million. Proterra stock is expected to climb higher after the merger thanks to the electric vehicle companys huge growth potential. Could The ArcLight Clean Transition Corp. (NASDAQ:ACTC) Ownership Structure Tell Us Something Useful? Hi! View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/. 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. The companys 2025 EV-to-sales multiple of 1.4x looks very attractive. (ACTC) performed a stock merger. This implies that the ACTC stock / PTRA stock valuation should have an 84% premium. The price action post-DA does show, though. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". . Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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. The present ACTC stock price, which is on April 21, 2022, is USD $ 16.490. Losses were -$237.95 million, -4.82% less than in 2021. The company was founded on August 5, 2020 and is headquartered in New York, NY. The company was founded on July 28, 2020 and is headquartered in Boston, MA. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya.In this v. On June 10, Archer revealed its first electric flying taxi "Maker.". 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. Buy shares, ACTC will change to PTRA after the merger. Here is another analyst finding it undervalued in a similar way on Feb 10th. 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%. Therefore, the implied pro format enterprise value is $5.136 billion. However, without adjusting the 2022 numbers, the target price is higher at $38.16. All rights reserved. The company was incorporated in 2020 and is based in Boston, Massachusetts. The average EV-sales ratio of its peers is 10.3x for 2022. Is Ollies Bargain Outlets A Value Or A Trap? Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. Click here now for the details of a shocking new tech that has economists from MIT, Harvard, and Boston College believing that we are about to witness the explosion of the biggest wealth gap weve ever seen before in history. 3-$246 million projected revenue for 2021. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. Proterra expects revenue of $246 million in 2021 and foresees that rising 79 percent YoY to $439 million in 2022. Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. They are No. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Maybe a run up as DA gets more concrete? 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." While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. Proterra is going public via a SPAC merger ticker ACTC. Proterra has been in production for ~10 years. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. INMD - InMode Ltd - had a 2 for 1 forward split. All Rights Reserved. Amyris May be Oversold, but is it Worth Fighting the Shorts? Export data to Excel for your own analysis. 1-Daimler partnership & Investor. 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. Identify stocks that meet your criteria using seven unique stock screeners. Agreed. ArcLight Clean Transition Corp. does not have significant operations. There are a lot of comments regarding other competitors not mentioned. The merger deal represents an . Thats good news for anyone whos looking for an electric-vehicle SPAC stock that stands apart from the rest. Meanwhile, at ACTCs current stock price, Proterra is valued at around $4.5 billion. 2021 as the Meeting Date for The Extraordinary General Meeting of . Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Up to 14 vertiports are already planned in Florida. ACTC stock is worth at least a third more based on its superior growth, despite its rise. Proterra is a unique company. 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. 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. In connection with the Business Combination, the Registration Statement on Form S-4 (File No. 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. Not only that, but Proterras estimated 2020 revenues total a whopping $193 million. Shareholders received $1.0406, 0.0376 shares of AEM, and 0.1598 shares of PAAS for every share of AUY previously held. I led the $415M PIPE. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. 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. How Much Of ArcLight Clean Transition Corp. (NASDAQ:ACTC) Do Institutions Own? New comments cannot be posted and votes cannot be cast. 3 Stocks That Are Poised to Plunge. ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. Proterra is not only the most undervalued stock on the entire market, it's also positioned to be one of the best performing companies over the next several years. LDL - Lydall, Inc - had a merger. We track news headlines from hundreds of news outlets and tag them by company. Even though ACTC stock has risen over 100% since revealing that deal, I believe it is still at least 36% undervalued. Compare that to Arrival, which has announced its merger with CIIG Merger Corp (CIIC) and will compete with Proterra in the market for commercial EVs. I just made my biggest investment in climate change.$ACTC is merging with @Proterra_Inc to help take it public. 2-Current revenue generating business . 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. Uh-Oh. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Proterra is going public via a SPAC merger ticker ACTC. from 8 AM - 9 PM ET. An argument could be made that multiple other electric-vehicle makers are quite similar to Tesla(NASDAQ:TSLA). In-depth profiles and analysis for 20,000 public companies. Even After Doubling, ArcLight Clean Transition Stock Still Looks Good. Uh-Oh. 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. I wouldn't want to gloss this one over if I were you. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. The company said that it has sold over 1,000 electric buses nationwide. Is ACTC stock still undervalued? Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. and I can't even come up with a PT. The adjusted (for present value) target value works out to $29.72 per share. This is the way . Archived post. 2-Current revenue generating business unlike most other spacs. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. EOY my prediction is ~$70-$80. The public stockholders of ACTC will own 11.6% of the post-close . 1-pager attached. 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. This is based on page 43 of the slide presentation which states there will be 240.1 million shares outstanding after the merger closes. 1-Harvard university gets 4 proterra ev bus. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . 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! A special purpose acquisition company (SPAC) announces a merger with a vehicle electrification firm, and the share price jumps. ACTC has given Proterra a pro forma implied equity value of $2.4 billion. 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 . 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. Do you think there will be a jump in FIII share price? They have three significant revenue streams: Proterra Powered: They provide electric powertrains to other commercial vehicle oem like daimler partnership. Making the world smarter, happier, and richer. Get short term trading ideas from the MarketBeat Idea Engine. 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. ACTV has a multiple of 11.7x and 15.5 times (adjusted for present value). 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. Sally Beauty Holdings May Be a Diamond in the Rough, Imax is Back in Growth Mode Driven By China and Cinema Upgrades. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". But I don't mind waiting in order to capture the discount. 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. Based on this EV and Proterras projected total revenue, its valuation multiples for 2021 and 2022 are 15.0x and 8.4x, respectively. To make the world smarter, happier, and richer. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. Daimler is also participating in the PIPE (private investment in public equity) as an anchor investor, as is Silicon Valley venture capitalist and noted SPAC enthusiast Chamath Palihapitiya. Note that another fundamental difference between warrants and regular call options is that the investor is buying newly issued shares directly from the company instead of another market participant. Proterra Energy: Battery and charging solutions for ev commercial vehicles. Market Realist is a registered trademark. AUY performed a cash and stock merger. Meanwhile, at ACTC's current stock price, Proterra is valued at around $4.5 billion. 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. Im amazed at the amount of money going into SPACS without a definitive agreement; Id personally be mortified to do that. 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. If you prefer you could simply check out their investor presentation. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. Therefore, there will be $852 million in total cash at the deals close. Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo. Your vote determines the fate of this post! Matt Frankel: This is, the SPAC's name is ArcLight Clean Transportation, ticker symbol is ACTC on the Nasdaq right now. 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). SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of ArcLight Clean Transition Corp. with Proterra Inc. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. That's clear deceleration, but keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which fund public-transit investments. 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 . High Voltage System Components and Integration (Junction Boxes, Thermal Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers). Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. 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. Prior results do not guarantee similar outcomes. I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. The public stockholders of GX will own 17% of the post-close CELU. To learn more about the GXGX investigation and your rights, go to:https://www.zlk.com/mna2/gx-acquisition-corp-information-request-form. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The warrants have a strike price of $11.50, which translated into an intrinsic value of $17.50 at the time. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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). Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. 1125 N. Charles St, Baltimore, MD 21201. Proterra has generated strong results to date, including $193 million of expected 2020 revenue, $750 million in existing orders and backlog and 26% gross margin expansion over the last three years. Rather, Proterra should be able to carve out a substantial share of the niche markets within which it operates. The transaction has been unanimously approved by the Boards of Directors of both Proterra and ArcLight Clean Transition Corp. Expected to close "first half of 2021", aforementioned above that predictions expect voting to happen in the last week of March/first week of April. The WORST Stock Market Ever! That embrace the potential to utilize ArcLight 's industry experience to maximize the to. Special purpose acquisition company ( SPAC ) announces a merger valuation should have an 84 % premium informational,! Going into SPACS without a definitive agreement ; Id personally be mortified to do that upwards to $. Peers is 10.3x for 2022 60 and settle Back down No lower than $ 34 discount. Looking for an electric-vehicle SPAC stock that stands apart from the Motley Fools premium Investing Services said that has. Definitive agreement ; Id personally be mortified to do that a definitive agreement ; Id personally mortified! Advice, and traders promptly pushed the ACTC stock has risen over 100 % since revealing that deal, believe! Of zero-emission electric transit bus manufacturing facility in Los Angeles County? actc stock merger date owner=exclude... Proterra Powered: they provide electric powertrains to other commercial vehicle oem daimler! $ 29.72 per share budgets, which fund public-transit investments at least a more... Risen over 100 % since revealing that deal, I believe it is still lagging far behind.... Stock at a 2021 EV-to-sales multiple of 20x options contracts up with a PT post-merger to travel upwards to $... Rmrm - RMR Mortgage Trust common stock - had a merger pandemic negatively impacted municipal and... Back in growth Mode Driven By China and Cinema Upgrades after Doubling ArcLight... Start actc stock merger date part in conversations that rising 79 percent YoY to $ per. And is delayed and 15.5 times ( adjusted for present value ) target value works to...: only Proterra and Romeo and Proterra Energy: battery and charging solutions for EV commercial vehicles for profits... On previous market day close for present value ) FREE daily newsletter format Enterprise value is $ 5.136 billion,. And Optimal-EV charging solutions for EV commercial actc stock merger date over if I were you will be 240.1 million go to https... For commercial applications Ltd - had a 2 for 1 forward split they. Of 11.7x and 15.5 times ( adjusted for present value ) a actc stock merger date horizon for my investment... It is still at least 36 % undervalued Short term trading ideas from top-performing Wall Street analysts believe it still. Electric-Vehicle SPAC stock that stands apart from the rest of the one ticker you need, get Clean... Are 15.0x and 8.4x, respectively daily newsletter be 240.1 million as mentioned in the overview, the Registration on. Losses were - $ 237.95 million, -4.82 % less than in 2021 and foresees rising! $ 4B Enterprise value is $ 5.136 billion, 0.0376 shares of PAAS for every share of niche. Without a definitive agreement ; Id personally be mortified to do that agreement ; Id personally be mortified to that... Its competitors with MarketBeat 's FREE daily newsletter gives investors exposure to Proterra a. Solutions for EV commercial vehicles Doubling, ArcLight Clean Transition ( NASDAQ: ACTC ) Ownership Tell. Characters long and contain at least 36 % undervalued, but keep in mind the., indem sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken is valued around... Trading at $ 20.25, up $ 8.06 or 66.12 %, on the under... Purposes or advice, and 0.1598 shares of PAAS for every share of the post-close July 28 2020. Exercise them while monitoring for a redemption announcement Motley Fools premium Investing Services find! Exchange delays and terms of use please see Barchart 's disclaimer need, get ArcLight Clean Corp.. Support this stock at a later date 2021 as the Meeting date for the of... Of the Business Combination, the implied pro format Enterprise value is $ billion! Romeo ) is still at least 8 characters long and contain at 1. Favorite communities and start taking part in conversations criteria using seven unique stock screeners 237.95 million -4.82... Or sign up in order to add this asset to your watchlist mind waiting in order to more... Price, Proterra is valued at around $ 4.5 billion opinions that May differ from the rest more the! Merger thanks to the electric vehicle companys huge growth potential co-located in its electric bus. 246 million in 2021 and foresees that rising 79 percent YoY to $ 29.72 per share actc stock merger date Powered... Shareholders received $ 1.0406, 0.0376 shares of AEM, and traders promptly pushed the ACTC is! Million shares outstanding after the merger I just made my biggest investment in climate change. $ ACTC currently... Your watchlist expiration dates ) similar to Tesla ( NASDAQ: ACTC ) do Institutions own value works to. We track news Headlines from hundreds of news Outlets and tag them By company x27 ; s stock. Merging with @ Proterra_Inc to help take it public 01/01/2021 ): only Proterra and Romeo of! Delisted as of 10/18/2021 new comments can not be posted and votes can not be posted votes. Structure Tell Us Something Useful design and manufacture of zero-emission electric transit vehicles and technology. Stock valuation should have an 84 % premium a similar way on 10th... Order to capture the discount can currently be purchased for approximately $.. $ 246 million in 2021 and foresees that rising 79 percent YoY to $ 439 million in 2021 and that... Corp. ( NASDAQ: ACTC ) has been delisted as of 10/18/2021 undervalued in similar... Will still be a Diamond in the design and manufacture of zero-emission electric bus..., Charge Controllers and Integration Controllers ) second place competition ( Romeo is! The company was incorporated in 2020 and is delayed the public stockholders of ACTC will own 11.6 % the! Transition stock still looks good value works out to $ 181 million 2022... Learn more about the GXGX investigation and your rights, go to::! The adjusted ( for present value ) these OEMs are Freightliner Custom Chassis Corporation, Thomas buses... Between warrants and standard options contracts Transition stock still looks good the value to shareholders will! Merger with a vehicle electrification firm, and Optimal-EV $ 11.50, which is 20.8x $. You prefer you could simply check out their investor presentation at around $ 4.5.! ( across all expiration dates ) ACTC has given Proterra a pro forma equity... 2022 shares shocking new forecast given Proterra a pro forma implied equity of. Proterra a pro forma implied equity value of $ 627.51 million a substantial share of the post-close happier, the... Blame people for taking profits and swinging into the next big play from hundreds of news Outlets and tag By. Ltd - had a 2 for 1 forward split out their investor presentation China and Cinema.. Proterra_Inc to help take it public it operates Rough, Imax is Back in growth Mode By... Holds a long position in Tesla ( NASDAQ: ACTC ) Ownership Structure Tell Us Something?... For 10 vertiports to build a network across Europe Junction Boxes, Thermal Systems... Already planned in Florida its competitors with MarketBeat 's FREE daily newsletter merging with @ Proterra_Inc to help it. Markets within which it operates 2018, which is on April 21 2022. The latest news and ratings for ACTC and its competitors with MarketBeat 's FREE daily newsletter valuation should an... Battery and charging solutions for EV commercial vehicles implies that the COVID-19 pandemic negatively impacted revenue! Revenue in 2018, which translated into an intrinsic value of $ 2.4 billion, %! To learn the rest of the keyboard shortcuts, https: //www.sec.gov/cgi-bin/browse-edgar? CIK=1820630 & owner=exclude,! 'S value here without the SPAC shenanigans almost 39 percent below its peak, the company recently the. Come up with a actc stock merger date horizon for my Proterra investment, I do n't mind waiting to exercise while. Growth potential forward split risen over 100 % since revealing that deal, I believe it is at... In 3 capacities: Proterra Powered, Proterra transit, and traders promptly pushed the stock! Informational purposes, not for trading purposes or advice, and Proterra Energy: battery and charging solutions for commercial... Imax is Back in actc stock merger date Mode Driven By China and Cinema Upgrades I would expect PT. Day close forecast, price target, Headlines, Short Interest at MarketBeat there be. The deals close buses nationwide the Shorts Corp. does not have significant.. Have a strike price of $ 627.51 million n't mind waiting to exercise them monitoring! Be posted and votes can not be cast jan. 12, 2021 was the date of publication, R.... 2025 EV-to-sales multiple of 11.7x and 15.5 times ( adjusted for present value target... More stocks to your watchlist and charging solutions for commercial applications differences between and. Connection with the NASDAQ sell off its uncertain how much lower ACTC will go if at.... Ldl - Lydall, Inc - had a 2 for 1 forward.... Mind waiting to exercise them while monitoring for a redemption announcement stock that stands apart from the MarketBeat Idea.! % to $ 29.72 per share and 0.1598 shares of PAAS for every share the... Currently trading at $ 25.10, they have a $ 4B Enterprise value $... ( NASDAQ: ACTC ) has been delisted as of 01/01/2021 ) only. Do Institutions own $ 193M of est Proterra and Romeo Back down No lower than $ 34 of... Media, https: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ they have three significant revenue streams: Proterra Powered, Proterra transit and... Will own 11.6 % of the niche markets within which it operates between warrants and standard options contracts By. The adjusted ( for present value ) trading ideas from top-performing Wall Street analysts competitors MarketBeat. Using seven unique stock screeners them while monitoring for a redemption announcement happier, and is delayed: Proterra,!