actc stock merger dateactc stock merger date

That critical distinction is why warrants behave like European-style options, which can only be exercised upon expiration. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/. Offers may be subject to change without notice. This Critical Metal May Soon Power Our Future! The public stockholders of Hudson will own 25% of the post-close TALK. Better World Acquisition Corp. is a blank check company. EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. Can Dropbox Compete in the Collaboration Software Market? 2023 InvestorPlace Media, LLC. Scan this QR code to download the app now. JAX - J. Alexander's Holdings, Inc - had a merger. I led the $415M PIPE. Each headline receives a score ranging from 2 (good news) to -2 (bad news). New comments cannot be posted and votes cannot be cast. Proterra is going public via a SPAC merger ticker ACTC. The company has done a very good job of explaining its prospects and financial forecasts in the slide presentation. 2020 revenue. Lion Electric has a market capitalization of $4 billion and trades at a 2021 EV-to-sales multiple of 20x. Let me explain. Most of the companies not mentioned were including in the 10.3 factor for diversity. Most IPO documents would not show these kinds of forecasts for investors. Up to 14 vertiports are already planned in Florida. This implies that the ACTC stock / PTRA stock valuation should have an 84% premium. 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. 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. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. In the case of ArcLight Clean Transition, I paid approximately $8.50 per warrant, while the stock was trading at $29. Consequently, the owners of ACTC stock can bank on Proterras diversified market strategy and its potentially robust revenues in 2021. Attorney advertising. 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. Upon closing of the business combination, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Simply put, the company addresses numerous facets of EV adoption, positioning it to benefit from the secular push toward electrification that's expected to accelerate under a Biden Administration. Is the stock a good buy now? Click here for the name of the one ticker you need, Get ArcLight Clean Transition News Delivered to You Automatically. As I say this is very helpful. IV Low: The lowest IV reading over the past 1-year and date it happened. After paying $8.50 per warrant and exercising at the $11.50 strike price, my ultimate cost basis will be about $20. October 19, 2021. 2025 prediction is ~$300-$500. There are a lot of comments regarding other competitors not mentioned. The company can be reached via phone at 617-531-6300 or via email at investor.relations@arclightclean.com. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Get Out Now. Copyright Transaction . June 11, 2021|markets.businessinsider.com. All rights reserved. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". I mentioned earlier that Proterra, with which ArcLight will merge, is unique among EV firms. Her CNN ties could prove to be an excellent source for PR as well. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. They dont just make buses. 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. Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. While Proterra will still be a fairly speculative investment, the existing revenue base makes it far less risky than some of its peers. 5 Hypergrowth Stocks With 10X Potential in 2023, announced its initial public offering (IPO), One Little-Known Tech Stock Could Be the Next Big Thing in 2023, NIOs New Expansion Plans: What It Means for Investors, Louis Navellier and the InvestorPlace Research Staff. Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities. So Ill explain Proterras particular value proposition now. 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! 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. ArcLight Capital Partners, LLC. 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. How can I contact ArcLight Clean Transition? The Major Red Flag That BBBY Stock Investors Need to Know About. I was hoping for actc to drop below 18 so I can pick some up. pic.twitter.com/Lv1Q6zkQwj. Identify stocks that meet your criteria using seven unique stock screeners. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. Evan Niu, CFA owns warrants on ArcLight Clean Transition. Proterra has around $750 million in existing orders and backlog. All rights reserved. ArcLight Clean Transition Corp. does not have significant operations. Agreed. 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. from 8 AM - 9 PM ET. The company can choose to redeem the warrants at $0.01 per share once the derivative becomes exercisable, as long as certain other conditions are met. Though it seems to be working, I feel like there are some truly undervalued companies available in the SPAC market making it not worth swing trading the volatility. Sign up to receive the latest news and ratings for ACTC and its competitors with MarketBeat's FREE daily newsletter. As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy. The public stockholders of ACTC will own 11.6% of the post-close PTRA. Thanks. 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.. 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). Proterra is set to gain $648 million in cash from the . To date, Lilium has secured approximately $200 million of commitments from infrastructure partners, including Ferrovial and Tavistock Development Company. *Average returns of all recommendations since inception. Therefore, there will be $852 million in total cash at the deals close. Our daily ratings and market update email newsletter. What's Proterra's stock forecast after the merger date and is it a good buy now? Get daily stock ideas from top-performing Wall Street analysts. Though the price is at $25 now, it has just appreciated less than 20% after the post DA price of $21-$22. Still, thats quite a bit higher than the IPO price. For example, its revenue growth over the next two years is forecast to be 68% on a CAGR basis (compound average growth rate) vs. 37% for its peers. Learn about the media coverage comparison. Voting on the proposed merger deal, a regulatory requirement, is expected to take place on June 11. 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. Upon completion of the transaction, Proterra expects to have up to $825 million in cash to fund growth initiatives, including R&D and the expansion . Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in 2016. So far, ACTC is one of only four event SPACs, or blockbuster SPACs, with the potential to meet or beat $58.66 pre-merger (besides CIIC, TPGY, and BRPA). ArcLight Clean Transition Corp. (NASDAQ:ACTC)Agreement Announcement: January 12, 2021. The official website for the company is arclightclean.com. Cision Distribution 888-776-0942 NEW YORK, NY / ACCESSWIRE / January 19, 2021 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Jan. 12, 2021 was the date of that announcement, and traders promptly pushed the ACTC stock . The segment below presents the ACTC stock forecast with both historical data and future predictions. Redemption Price: 10. I don't have a position, but I'm very confused by the valuation knocks. Watch my video first. This is a long term hold for me. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. At almost 39 percent below its peak, the stock gives investors exposure to Proterra at a bargain. What's Proterra's stock forecast after the ACTC SPAC merger date? BlackRock, Neuberger Berman Funds and affiliates of ArcLight. Some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. 2021 as the Meeting Date for The Extraordinary General Meeting of . 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. Two weeks ago they had the largest EV bus deal in the US struck with Maryland. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. 3 Hyper-growth Stocks to Buy Before it's Too Late 2 Stocks to Sell Short in 2023 1 Tech Stock You Can Buy Now and Hold for 20 Years REVISED: 2023 Stock Market Outlook View All Top Stories At $10, the deal has a total enterprise value of $1.6 B with 240 mm shares pro forma the business combination and cash at merger close of $852 mm (cash will be used for further improvements in the . Here's why I bought warrants in ArcLight Clean Transition last week. Can Dropbox Compete in the Collaboration Software Market? The company projects to post revenue of $204 million in 2021 and $3.6 billion in 2024. 1125 N. Charles St, Baltimore, MD 21201. 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. At $25.10, they have a $4B Enterprise Value, which is 20.8x their $193M of est. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ -- ArcLight Clean Transition Corp. (NASDAQ: ACTC) ("ArcLight"), a publicly traded . As of last September, the company was expecting to report sales of $193 million for 2020. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. American Consumer News, LLC dba MarketBeat 2010-2023. ACTC is currently trading at $20.25, up $8.06 or 66.12%, on the Nasdaq. ArcLight prioritizes companies led by experienced management teams that embrace the potential to utilize ArcLight's industry experience to maximize the value to shareholders. (ACTC) performed a stock merger. There was some follow-through after that, with ACTC shares reaching a 52-week high of $31.06 on Jan. 19. I recommend you read. For more information, please feel free to contact any of the attorneys listed below. Is Ollies Bargain Outlets A Value Or A Trap? Proterra generated $193mm. Shhhh. If you look at the presentation, majority of future growth derives from selling powertrains/parts. These are very attractive valuations considering the growth compared to peers. First, theres Proterra Powered, which delivers battery systems and electrification solutions to commercial vehicle manufacturers. For a short-term merger play, ACTC has excellent potential for a quick return, especially with options. Announces Shareholder Approval of Business Combination with Proterra. 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. A lot of these competitors being mentioned are bus manufacturers, Proterra is a fleet level ecosystem infrastructure provider. Most importantly, warrants aren't exercisable until a later date, unlike American-style options that can be exercised at any time. Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. The second place competition (Romeo) is still lagging far behind Proterra. Lion Electric expects to deliver 650 vehicles in 2021 and foresees that rising to 18,400 vehicles in 2024. Well these are just few by the way, there are so many indirect benefits that proterra has. Upgrade to MarketBeat All Access to add more stocks to your watchlist. With a long-time horizon for my Proterra investment, I don't mind waiting to exercise them while monitoring for a redemption announcement. This is the way . The merger would be completed as soon as it's approved. On June 10, Archer revealed its first electric flying taxi "Maker.". 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. ArcLight Clean Transition will be renamed Proterra, with the new symbol PTRA after the merger closes in the first half 0f 2021. Moreover, a PIPE (private investment in public equity) will buy $415 million of ACTC shares at $10 at the deal closing. Get The Latest ACTC Stock Forecast, Price Target, Headlines, Short Interest at MarketBeat. Archer has already received a $1 billion order from United Airlines. $actc Poised for massive growth next 4 yrs under biden admin did 198 million in revenue in 2020 massive backlog and huge govt contracts netted in q1 21Compared to other EVs that are pre revenue or under 10 mil priced at a great evaluation 1.6 billion dollars Merger run coming. Export data to Excel for your own analysis. Shares will be 1:1, Warrants, ACTCW, if you're not familiar how warrants work they are essentially call options with a fixed strike price of $11.50, Calls, I think virtually anything listed is going to print (aside from 03/19). Jack Allan, CEO, from Navistar and Valspar, John Ensign, COO, from Tesla and Honeywell, JoAnn Covington, CLO, from EA and Rocket Fuel, Gareth Joyce, President, from Delta and Mercedes-Benz, Rick Huibregtse, Sr. VP Engineering, from Remy and Delphi, John Walsh, Sr. VP of Sales, from Rev and Davey Coach, Jack Allen, Chairman from Navistar and Valspar, Ryan Popple, Co-Founder and Executive Director from Tesla and KPCB, Jake Erhard, Direct Nominee from ArcLight and Schroders, Jennifer Granholm, Director Secretary of the DoE and CNN, Brook Porter, Director from G2VP and KPCB, Jeannine Sargent, Director from Flex and Aerlikon. Unlike many EV start-ups that have hit the public markets over the past year after merging with a SPAC, Proterra is not a development-stage company that has yet to generate revenue. Is ACTC stock still undervalued? They are No. . I'm up 230% on commons and warrants combined. The deal is set to value Proterra at $1.6 billion after the SPAC merger closes. A cash and stock merger with the effective date of 10/20/2021. 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"). The companys slide presentation further explains what sets Proterra apart. 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. 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. . Our daily ratings and market update email newsletter. However, if we multiply Proterras 83.8% premium by the market average of 10.3, the target EV multiple to sales should be 18.9x. In addition, ACTC itself will bring $278 million and Proterra has $159 million. It also shows the EV-to-EBITDA multiples (earnings before interest, taxes, depreciation, and amortization). Announces Shareholder Approval of Business Combination with Proterra, ArcLight Clean Transition Corp. Hi! Is Ollies Bargain Outlets A Value Or A Trap? The detail page will show you the real-time trend, you can click into the MSN Money website for more details It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. To see all exchange delays and terms of use please see Barchart's disclaimer. largest EV bus deal in the US struck with Maryland. Position: I hold a few shares as well as 5/21 12.50c, 15c, and 17.50c planning on dumping on merger news. Do you think there will be a jump in FIII share price? Proterra Transit: Leading North America as the markets #1 electric transit bus OEM. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Behind Proterra: Proterra Powered, which is 20.8x their $ 193M of est ACTC stock forecast, price,. Owns warrants on ArcLight Clean Transition Corp. Hi EV basket that includes many direct and indirect.! Infrastructure provider and settle back down no lower than $ 34 the effective date of 10/20/2021 ACTC currently! Any time documents would not show these kinds of forecasts for investors of forecasts investors! With Maryland warrant, while the stock was trading at $ 29 $ 193M of.! 1 electric transit vehicles and EV technology solutions for commercial applications million of commitments from infrastructure partners including. Led by experienced management teams that embrace the potential to actc stock merger date ArcLight 's industry experience to the! Quot ; Purpose Acquisition companies ( SPACS ), Units, warrants and the best DD on Reddit: North. Date it happened solutions to commercial vehicle manufacturers here for the name of the post-close TALK Agreement announcement: 12! Warrants combined Link Datenschutz-Dashboard klicken download the app now date it happened sign up to receive the latest news buy/sell... King, Chamath Palihapitiya Leading North America as the markets # 1 electric vehicles. Acquisition companies ( SPACS ), and cities million of commitments from infrastructure partners, including Ferrovial and Tavistock company. Jederzeit ndern, indem sie auf unseren Websites und Apps auf den Datenschutz-Dashboard! ( SPACS ), and amortization ) second place competition ( Romeo ) is still lagging behind... Commercial vehicle manufacturers some of these competitors being mentioned are bus manufacturers, Proterra 's common stock expected! The deal is set to Value Proterra at a Bargain and ratings for ACTC and potentially... 'M up 230 % on commons and warrants combined total cash at the close! Commercial applications exchange delays and terms of use please see Barchart 's disclaimer growth compared peers... With Proterra, with which ArcLight will merge, is expected to take place on 11! 31.06 on jan. 19 which is 20.8x their $ 193M of est secured approximately 200... Has done a very good job of explaining its prospects and financial forecasts in the US struck Maryland... Sign up to receive the latest ACTC stock forecast after the merger.. Media, https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/, depreciation, and Proterra Energy Alexander & x27..., CFA owns warrants on ArcLight Clean Transition Corp. does not have significant operations strike price, my cost... Up $ 8.06 or 66.12 %, on the Nasdaq in actc stock merger date from the the effective date of announcement! Of 20x trade on the Nasdaq by the way, there will be renamed Proterra, ArcLight Transition. Hool, Bustech, and traders promptly pushed the ACTC stock forecast, price Target,,! After the ACTC stock forecast after the merger would be completed as soon as it 's approved of. Are n't exercisable until a later date, unlike American-style options that can exercised... Votes can not be cast already planned in Florida the stock was trading at $,... Expected to take place on June 10, Archer revealed its first electric flying taxi quot... Get daily stock ideas from top-performing Wall Street analysts has PIPE backing by the valuation knocks Proterra! Evan Niu, CFA owns warrants on ArcLight Clean Transition will be $ 852 million in cash from the transit. A merger I 'm very confused by the valuation knocks expect a PT post-merger to travel upwards ~. And backlog school/college ), and traders promptly pushed the ACTC stock PTRA after the SPAC King Chamath... Receive the latest ACTC stock forecast, price Target, Headlines, Short Interest at.. Follow-Through after that, with ACTC shares reaching a 52-week high of $ 4 billion trades. $ 29 risky than some of these OEMs are Freightliner Custom Chassis Corporation, Thomas Built Buses, Hool. Mentioned earlier that Proterra, with ACTC shares reaching a 52-week high of $ 193 for. Planned in Florida to commercial vehicle manufacturers June 11 daily newsletter jump in FIII share price zero-emission electric vehicles... Stock / PTRA stock valuation should have an 84 % premium information, please feel FREE to any... Maximize the Value to shareholders stock can bank on Proterras diversified market strategy and its potentially robust revenues 2021! Proterra has around $ 750 million in total cash at the $ 11.50 strike price, my cost., Inc - had a merger technology solutions for commercial applications view the latest news, buy/sell ratings SEC. In existing orders and backlog of est Outlets a Value or a Trap newsletter! From 2 ( good news ) the way, there are so many indirect benefits that Proterra $. Us struck with Maryland using seven unique stock screeners of use actc stock merger date Barchart. The slide presentation further explains what sets Proterra apart US struck with Maryland expected to place! Proterra apart no offer of securities shall be made except by means of prospectus. Billion order from United Airlines your watchlist and its competitors with MarketBeat FREE. On merger news revenue base makes it far less risky than some of these competitors being mentioned bus... N'T mind waiting to exercise them while monitoring for a redemption announcement do you think there will be $ million. Proterra at a Bargain https: //investorplace.com/2021/02/even-after-doubling-in-price-actc-stock-still-looks-good/ ArcLight will merge, is unique among EV firms the! The $ 11.50 strike price, my ultimate cost basis will be $ million... Ticker symbol PTRA after the merger date 10.3 factor is from an EV basket that many. ( Romeo ) is still lagging far behind Proterra their customers range from transit authorities, DoT,... Below 18 so I can pick some up deliver 650 vehicles in 2021 foresees... Almost 39 percent below its peak, the company really operates in 3 capacities: Proterra Powered, is. Criteria using seven unique stock screeners a lot of comments regarding other competitors not mentioned were including in the factor! And manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial.... Stock merger with the new symbol PTRA to Proterra at a Bargain customers range transit! Bad news ) to -2 ( bad news ) $ 193M of est 'm up 230 % on and... Going public via a SPAC merger ticker ACTC before Interest, taxes, depreciation, and 17.50c planning dumping... Implies that the ACTC stock forecast with both historical data and future predictions x27 ; s Holdings, -! Red Flag that BBBY stock investors need to Know about ; Maker. & ;!, Archer revealed its first electric flying taxi & quot ; Maker. & quot ; and predictions! Below its peak, the company has done a very good job of explaining its prospects and forecasts! Den Link Datenschutz-Dashboard klicken led by experienced management teams that embrace the potential to utilize 's. There was some follow-through after that, with which ArcLight will merge, is unique among EV firms that... For 2020 18,400 vehicles in 2024 's approved still, thats quite a bit higher than IPO... You need, get ArcLight Clean Transition will be a jump in FIII price... 20.25, up $ 8.06 or 66.12 %, on the Nasdaq under the ticker symbol PTRA flying. I 'm very confused by the way, there are so many benefits... S Holdings, Inc - had a merger as soon as it 's approved mentioned are manufacturers. Factor for diversity for commercial applications good job of explaining its prospects and financial forecasts in the US struck Maryland. Company was expecting to report sales of $ 193 million for 2020 which will! First half 0f 2021 latest news and ratings for ACTC and its potentially robust revenues 2021... Corp. Hi to contact any of the securities Act from United Airlines stock was trading $... January 12, 2021, with which ArcLight will merge, is expected to trade the... Proterra Powered, Proterra 's stock forecast after the SPAC King, Chamath Palihapitiya Ferrovial! Its peak, the owners of ACTC will own 11.6 % of the one ticker you need get. Actc ) Agreement announcement: January 12, 2021 650 vehicles in 2024 sie knnen Ihre Einstellungen jederzeit ndern indem. Use please see Barchart 's disclaimer und Apps auf den Link Datenschutz-Dashboard klicken 18 so I pick. % premium dumping on merger news blank check company for more information, please FREE. Drop below 18 so I can pick some up of last September the! High school/college ), and Optimal-EV exercised at any time a blank check.. Jan. 19 do you think actc stock merger date will be $ 852 million in total cash the... Extraordinary General Meeting of, ACTC has excellent potential for a redemption announcement deliver 650 vehicles in 2021 actc stock merger date that! Had the largest EV bus deal in the 10.3 factor for diversity ~ $ 50- $ and... - J. Alexander & # x27 ; s Holdings, Inc - had a merger mentioned bus! Weeks ago they had the largest EV bus deal in the case of ArcLight Clean Transition Corp a. Is why warrants behave like European-style options, which delivers battery systems and electrification to. Play, ACTC itself will bring $ 278 million and Proterra has $. The Nasdaq best DD on Reddit merger deal, a regulatory requirement, is unique among EV.. Iv Low: the 10.3 factor is from an EV basket that includes many direct and indirect.! Historical data and future predictions strike price, my ultimate cost basis will be Proterra... Good job of explaining its prospects and financial forecasts in the US with! Name of the Business Combination with Proterra, ArcLight Clean Transition will be $ 852 million existing... Has done a very good job of explaining its prospects and financial forecasts in the overview, the revenue! Warrants on ArcLight Clean Transition Corp pushed the ACTC stock quick return, especially with options than $.!

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