/biz/ - Business & Finance

Anonymous Wed Jan 13 08:54:48 2021 No.25917941 [View]
File: 91 KB, 840x473, Proterra.jpg [View same] [iqdb] [saucenao] [google]

https://www.bloomberg.com/news/articles/2021-01-12/ev-bus-manufacturer-proterra-to-go-public-through-arclight-spac

Listen up faggots ACTC is merging with Proterra, their valuation at $25 puts them at $4 billion market cap meanwhile their competition Arrival/CIIC also merging as a SPAC has a valuation around $15 billion at $30 share price. Proterra is the leading EV bus manufacture in the US and have already delivered 1000 vehicles with 700+ million orders in their backlog.
ACTC has Audrey Lee who is the co-chair of Clean Energy for Biden and Proterra are based in California who announced they want EV on the road by 2035 coupled by the fact they will be getting massive grants from Biden and California.

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/biz/ - Business & Finance

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