Of the 11 reviews on record, 7 are to Buy, 3 are to Hold, and 1 says Sell, making the analyst consensus a Moderate Buy. Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. Proterra is going public via a SPAC merger with ArcLight Clean Transition Corp (ACTC). BURLINGAME, Calif. and BOSTON, Jan. 12, 2021 /PRNewswire/ -- Proterra Inc (the "Company"), a leading innovator in commercial vehicle electrification technology, today announced that it will become publicly listed through a transaction with ArcLight Clean Transition Corp. (Nasdaq: ACTCU, ACTC and ACTW) ("ArcLight"), a publicly traded special purpose acquisition company. Proterra operates manufacturing facilities in California and South Carolina, as well as a … Credit: Proterra. 240.1MM * $24/share = 5.76Bn Market Cap. Looking to buy Proterra stock? Upon closing, Proterra’s common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. October 15, 2020. The business combination is expected to be completed in the first half of 2021. The transaction represents an enterprise value of $1.6 billion for Proterra. Proterra, which makes big honkin battery systems and electric buses, raises $200 million. Private market investments. On the Proterra Energy side, it’s competing with ChargePoint, Blink, Romeo Power, and QuantumScape. ACTC has PIPE backing by the SPAC King, Chamath Palihapitiya. Get the stock price and latest news for PTRA and start trading today with zero commissions. This implies that ACTV/PTRA stock is still worth much more. Buy proterra stock you can from brokers or on specialized sites. Proterra, whose investors ... Investors are not notified in advance what the SPAC will buy. The SoFi deal values the company at $8.65 billion — which according to Pitchbook was valued last May at $5.7 billion.. SoFi was founded in 2011 to provide student loan refinancing for millennials. Upon closing, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Buy the selected items together This item: ProTerra Honey & Vanilla Shampoo Lot of 16 Each 1oz Bottles $22.49 ( $1.41 / 1 Ounce) Only 9 left in stock - order soon. Watch my video first. This new program is designed to improve the cost and performance of Proterra’s battery technology to enable the electrification of all commercial vehicle segments, helping reduce pollution, improve air quality, and safeguard the environment around the world. Buy ACTC EV Stock Before It … Proterra's stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Company profile page for Proterra Inc including stock price, company news, press releases, executives, board members, and contact information Breaking News . ... 1 Stock To Buy, 1 Stock To Dump When Markets Open: Tesla, AMC Entertainment. : 34 The first EcoRide BE35 which omitted the APU toured several cities in California in 2009. SPACs have emerged as a quick route to the stock market for companies concerned about the risk of the lengthy IPO process and which may struggle to attract interest from institutional investors such as pension funds. Quotes. 5.76Bn - $852MM = 4.91Bn Market Cap without SPAC cash Let's do a little evaluating ourselves: Shares outstanding post-merger: 240.1MM. Based on January ACTC prices pre NASDAQ sell-off: $24/share. We first introduced you to electric bus startup Proterra in January 2014 when the company had raised $34 million. Proterra and Komatsu Announce New Collaboration To Develop All-Electric Construction Equipment. The transaction represents an enterprise value of $1.6 billion for Proterra. ACTCW is the … The transaction represents an enterprise value of $1.6 billion for Proterra. BURLINGAME, Calif., August 18, 2015 -- Proterra Inc., the leading provider of zero-emission battery-electric buses, today announced that it has been named to the 2015 Inc. 500 list, an exclusive ranking of the nation's fastest-growing private companies. Proterra has authorized shares to raise $75 million, ... Investors are not notified in advance what the SPAC will buy. Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. Electric bus maker Proterra hires banks for IPO: sources. In the Proterra Powered business, the company is competing with XL Fleet. Have you been considering investing in Proterra stock and other SPAC stocks? The analyst also pointed to more upside coming from a deal with electric bus maker Proterra, which has been a TPI customer since 2017. Buy private company stock. All Instrument Types. The stock is then expected to trade on the Nasdaq under the ticker symbol PTRA. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems. As of 2017, the company sold over 400 vehicles across US and Canada. The SharesPost marketplace gives you access to investments in hundreds of leading private growth companies. Upon closing, Proterra's common stock is expected to trade on the Nasdaq under the ticker symbol PTRA. Also as with all great spac's once a Target is confirmed and it is golden gold guaranteed winnee like proterra the smartest way in is to buy warrants. However, if we multiply Proterra’s 83.8% premium by the market average of 10.3, the target EV multiple to sales should be 18.9x. Proterra generated $123 million in revenue in 2018, which jumped nearly 50% to $181 million in 2019. Tickers TC. Previous Post Stock Tawk. Request Access. Proterra’s existing shareholders have agreed to convert 100% of their ownership stakes into the new company and are expected to own more than 60% of the pro forma company at close. Via, Proterra, SoundHound Inc., Turo, Bolt, Sila Nanotechnologies, Taxify, StoreDot, Starship Technologies, what3words. Buy or sell Sila Nanotechnologies stock pre IPO via an EquityZen fund. She also said she would resign when confirmed from the boards of Proterra, the bus company based in California, giving up future stock options and divesting of … EquityZen is a marketplace for shares of proven pre IPO tech companies. ... Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. The partners aim to close the transaction in the first half of the year. As we can see, Proterra is trying to wear many hats at once. QELL Stock and a Proterra SPAC Merger. The Proterra EcoRide was the first battery-electric bus offered by Proterra, first shown as a prototype at the 2008 APTA Expo in San Diego with a 35 ft (11 m) long composite body and range-extending hydrogen fuel cell auxiliary power unit (APU). As the Seeking Alpha contributor lays out, Proterra has continued to improve its production capabilities and … Proterra has its headquarters in California and manufactures its buses in California and South Carolina. Let's find Proterra's value here without the SPAC shenanigans. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to … The IPO is expected to raise approximately $648 million for Proterra and an enterprise value of $1.6 billion. Buy or Sell Proterra Stock >> In the Proterra Transit, it’s the undisputed leader. Fast forward almost four years and Proterra has now taken in about $326.8 million. ... so I chose to buy warrants as a way to get a discount on the stock. Next Post Pacific Holdings Corp SNPW. Diversified Provider of EV Technologies. In that event, the sales of Proterra’s buses could drop significantly, resulting in meaningful declines in its stock. Tags proterra generation investment management Kleiner Perkins Caufield & Byers. According to Proterra, company president Jack Allen will also lead the new company. Implied Enterprise Value of Proterra: $1.6Bn. From TechCrunch. ACTC Stock Valuation ACTC Stock Risks. To wear many hats at once proven pre IPO tech companies and Proterra has its headquarters in and! Transition Corp ( ACTC ) 's do a little evaluating ourselves: shares outstanding post-merger: 240.1MM, in. Technology leader with over a decade of production experience cost of ownership to in the Energy. 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