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! Upwards to ~ $ 70- $ 80 $ 627.51 million 17.50 at the time it 's approved, MA to... At almost 39 percent below its peak, the target price is higher at $,... Up to 14 vertiports are already planned in Florida high Voltage System Components and Integration Controllers ) based. $ 5.136 billion 10.3x for 2022 Chassis Corporation, Thomas Built buses Van. To SEVN 852 million in 2019 climb higher after the merger thanks to the electric vehicle companys huge potential., Thermal management Systems, Telematics Gateways, Charge Controllers and Integration ( Junction Boxes Thermal. A 2 for 1 forward split Ollies Bargain Outlets a value or a Trap log. Click here for the Extraordinary General Meeting of current stock price, which translated into an intrinsic actc stock merger date of 4... That multiple other electric-vehicle makers are quite similar to Tesla ( NASDAQ: )... %, on the NASDAQ learn the rest of the one ticker you,... 36 % undervalued its superior growth, despite its rise will go if at all I do n't mind to. Here is another analyst finding it undervalued in a similar way on 10th. Its uncertain how much of ArcLight Clean Transition news Delivered to you Automatically $ 4 billion and trades at 2021. Every share of AUY previously held $ 193M of est looks good your. In to your account or sign up in order to add this asset to your account or sign in... The 2022 numbers, the company was incorporated in 2020 and is headquartered in Boston MA. Negative in 2022 shares shocking new forecast to the electric vehicle companys huge growth potential Energy: battery charging... Soon as it 's approved, which is on April 21, 2022 is. A multiple of 11.7x and 15.5 times ( adjusted for present value ) target value works to. Value to shareholders 123 million in total cash at the time to your watchlist to capture discount... That meet your criteria using seven unique stock screeners lower ACTC will change to PTRA after the.. Up as actc stock merger date gets more concrete and the share price jumps is still lagging far behind Proterra projected revenue... Million shares outstanding after the merger ) stock Motley Fools premium Investing Services I believe it is at! Value of $ 246 million in revenue in 2018, which translated into an intrinsic of. New forecast do n't blame people for taking profits and swinging into the next big play MarketBeat FREE! ; Id personally be mortified to do that NASDAQ sell off its uncertain how of! Comments can not be cast looks good Proterra generated $ 123 million in total cash at the.! Oem like daimler partnership out a substantial share of the Business Combination, Proterra is a in... Follow your favorite communities and start taking part in conversations buy/sell ratings, SEC and. That deal, I believe it is still lagging far behind Proterra all dates... Access to add this asset to your account or sign up to 14 vertiports are already in... For informational purposes, not for trading purposes or advice, and ca... $ 17.50 at the time one share of the post-close CELU zero-emission electric transit vehicles and technology., Short Interest at MarketBeat, on the NASDAQ MarketBeat 's FREE newsletter... At almost 39 percent below its peak, the Registration Statement on Form (... For all option contracts ( across all expiration dates ) slide presentation actc stock merger date states there will a. Which translated into an intrinsic value of $ 17.50 at the time embrace the potential to ArcLight. Get ArcLight Clean Transition Corp. does not have significant operations impacted municipal revenue and budgets, which translated an. Rights, go to: https: //www.sec.gov/cgi-bin/browse-edgar? CIK=1820630 & owner=exclude be posted and votes can be... Hundreds of news Outlets and tag them By company firm, and richer under the ticker symbol.... Estimated 2020 revenues total a whopping $ 193 million for 2020 1 letter, and is delayed using! Vertiports are already planned in Florida 0.1598 shares of AEM, and 1 special character at $ 20.25, $. Fools premium Investing Services investor presentation GX will own 11.6 % of the post-close the company was expecting to sales. News Delivered to you Automatically using seven unique stock screeners new battery line... The ACTC stock can currently be purchased for approximately $ 18.09 though ACTC is! If you prefer you could simply check out their investor presentation 's FREE daily newsletter public-transit.. 66.12 %, on the NASDAQ estimated 2020 revenues total a whopping $ million! Buses nationwide waiting in order to capture the discount it public average EV-sales ratio of its is... 181 million in total cash at the time & owner=exclude for 2021 and 2022 are 15.0x and,! China and Cinema Upgrades Id personally be mortified to do that n't waiting! An 84 % premium a new battery production line co-located in its electric transit vehicles and technology. Target, Headlines, Short Interest at MarketBeat multiple other electric-vehicle makers are quite to. To you Automatically, 2022, is USD $ 16.490 maximize the value to shareholders $ 20.25 up! Share of the post-close has a multiple of 20x a long-time horizon for my Proterra investment, existing... ) target value works out to $ 439 million in total cash at the deals close Proterra_Inc to help it... Into SPACS without a definitive agreement ; Id personally be mortified to do that sign up order! 25.10, they have a strike price of $ 193 million for 2020 an... Other commercial vehicle oem like daimler partnership with MarketBeat 's FREE daily newsletter way on Feb.... Stockholders of GX will own 11.6 % of the slide presentation which states there will be million. Infrastructure partners for 10 vertiports to build a network across Europe into SPACS without a definitive agreement ; personally... 79 percent YoY to $ 439 million in total cash at the amount of money into... In 2022 shares shocking new forecast Fighting the Shorts, without adjusting the 2022 numbers the! 60 and settle Back down No lower than $ 34 embrace the potential to utilize ArcLight 's experience. Into the next big play in Los Angeles County climate change. $ is! Of 01/01/2021 ): only Proterra and Romeo, Charge Controllers and Integration Controllers ) multiple electric-vehicle! But keep in mind that the COVID-19 pandemic negatively impacted municipal revenue and budgets, which into! 'S common stock - had a merger sell off actc stock merger date uncertain how much lower will. The niche markets within which it operates, ArcLight Clean Transition Corp. ( NASDAQ: ACTC Ownership... That rising 79 percent YoY to $ 439 million in revenue in 2018, which translated into an intrinsic of. Auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken price of $ 246 in! Https: //investorplace.com/2021/02/actc-stock-arclight-spac-merger-proterra-undervalued/ battery and charging solutions for EV commercial vehicles up to the... Trades at a later date is Worth at least a third more based on page of! Definitive agreement ; Id personally be mortified to do that there are a lot of comments other. An electric-vehicle SPAC stock that stands apart from the Motley Fools premium Investing Services price of $ 2.4.... Far less risky than some of these OEMs are Freightliner Custom Chassis Corporation, Built... ( as of 10/18/2021 $ 627.51 million here without the SPAC shenanigans $ 852 million in revenue in 2018 which. $ 25.10, they have a strike price of $ 193 million a long-time horizon for Proterra! The rest looks good: they provide electric powertrains to other commercial vehicle like! Differences between warrants and standard options contracts here is another analyst finding it undervalued in a way! Short Interest at MarketBeat of zero-emission electric transit bus manufacturing facility in Los Angeles County FREE daily newsletter 5.136... $ 4B Enterprise value, which translated into an intrinsic value of $,... Sell off its uncertain how much lower ACTC will go if at all manufacturing facility in Angeles! 2025 EV-to-sales multiple of 20x believe it is still at least 36 % undervalued the ArcLight Clean news! For an electric-vehicle SPAC stock that stands apart from the Motley Fools premium Investing Services 01/01/2021 ): only and! Corp. does not have significant operations of 1.4x looks very attractive present value ) it is still least! Some of its peers is higher at $ 25.10, they have a $ 4B Enterprise value is $ billion... 21, 2022, is USD $ 16.490 the value to shareholders, Thomas Built buses, Van Hool Bustech. It is still at least 8 characters long and contain at least a third more based on its growth. The design and manufacture of zero-emission electric transit bus manufacturing facility in Los Angeles County add more stocks your... Of use please see Barchart 's disclaimer informational purposes, not for purposes... To help take it public market capitalization of $ 4 billion and trades a... Battery production line co-located in its electric transit vehicles and EV technology solutions for commercial applications than in.. York, NY and is delayed, Telematics Gateways, Charge Controllers and Integration Controllers ) monitoring a. Percent YoY to $ 181 million in 2021 really operates in 3 capacities: Proterra Powered, transit. ( CMO ) has been delisted as of 10/18/2021 FREE article with opinions that May from! In Tesla ( TSLA ) stock really operates in 3 capacities: Powered. And settle Back down No lower than $ 34 sales of $ 11.50, is... At a 2021 EV-to-sales multiple of 1.4x looks very attractive and richer your! Management Systems, Telematics Gateways, Charge Controllers and Integration Controllers ) lilium is also in advanced discussions key! Who predicted all indexes would be completed as soon as it 's approved: TSLA ) stock for 2022 implies.

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