CFII - Buy oportunityNot a financial advice. Do your own research and have a happy trading.
70% of US electricity production is consumed by buildings. ESG/regulatory goals require these buildings to become net zero energy buildings over the next decade. This drives a huge total addressable market of ~$1T for Smart Windows. View Inc. is the leader in this space with a market share of 80%. View's Smart Glass installations typically realize 20% HVAC and lighting energy savings.
CF Finance Acquisition Corp II had a $500M SPAC IPO (CFII) in August 2020. On November 30, 2020 CF Finance Acquisition II announced a definitive agreement to combine with View Inc., the leader in Smart Windows. The indicative Enterprise Value is $1.6B and the deal is projected to close this quarter. Once the deal closes, the combined company will be named View Inc. and the resultant entity will remain listed on Nasdaq.
Buy oportunity from 11.60 to minimal 13.30 .
CFII
CFII - it might drop this low before jumping higherHere are some price targets for CFII - I don't think they will get this low but if it does I am buying at these pervious support levels - the play here is that if environmental regulations are coming replacing windows in buildings is a great way to save energy and the easiest install you can do for the most benefit. From what a remember a pane of glass has the heat coefficient transfer value of a brick -so not that great. Maybe this company can solve that.
