Watching quotients can give a good edge about the market This time is AMEX:SPY / AMEX:UST which compares the U.S. stock market with the U.S. bond market. So, right now is heading to test a very strong resistance in 5.20 points, while for the last few weeks is been divergent from its RSI, all "selling signals". Normally when this quotient gives this signals is because the stock market is losing strength and a correction is on the way because the "smart money" is selling stocks to buy bonds.
There's no way to predict how strong could be the correction or even if it will happen, the best thing you could do is to rise stop-loss, sell extended stocks and low stock positions. That is what I have been doing.
Stockmarkets
LOAC Announces Signing of Definitive Merger AgreementLongevity Acquisition Corporation Announces Signing of Definitive Merger Agreement
4D pharma's Live Biotherapeutic Products (LBPs) are orally delivered single strains of bacteria that are naturally found in the healthy human gut. The Company has six clinical programs
At the effective time of the merger, each of LOAC's ordinary shares issued and outstanding prior to the effective time of the merger will be automatically converted into the right to receive certain per share merger consideration, and each warrant to purchase LOAC's ordinary shares and right to receive LOAC's ordinary shares that is outstanding immediately prior to the effective time of the merger will be assumed by 4D pharma and automatically converted into a warrant to purchase ordinary shares of 4D pharma and a right to receive ordinary shares of 4D pharma, payable in 4D pharma ADSs, respectively.
www.prnewswire.com
Cano Health to Become Publicly Traded via Merger with JWSCano Health, a Leading Value-Based Care Delivery Platform for Seniors, to Become Publicly Traded via Merger with Jaws Acquisition Corp.
- Transaction values Cano Health at an enterprise value of $4.4 billion and is expected to provide up to $1.49 billion in cash proceeds, including a fully committed PIPE of $800 million
- PIPE led by $50 million investment from Barry Sternlicht, Chairman of Jaws, as well as commitments from funds affiliated with Fidelity Management & Research Company, funds and accounts managed by BlackRock, Third Point and Maverick Capital
Cano Health provides value-based care for more than 103,000 members through its network of 564 primary care physicians across 14 markets in Florida, Texas, Nevada and Puerto Rico.
The Company is expected to receive up to $935 million in transaction proceeds to pay down debt and provide growth capital, and a substantial majority of up to $465 million of proceeds is expected to be allocated to Cano Health's financial sponsor.
The transaction is expected to close at the end of the first quarter or the beginning of the second quarter of 2021.
finance.yahoo.com
Air T, Inc. Announces Intent to Form New Aircraft Equity VehicleAir T, Inc. Announces Intent to Form New Aircraft Equity Vehicle
AIRT) announced today that it has entered into letters of intent with three separate, large investment and asset management firms (the "Investors") to form a new aircraft asset management business to be called Contrail Aircraft Management ("CAM"), and a new aircraft capital joint venture to be called Contrail Fund II ("CFII").
The parties presently expect the new business and joint venture to be formed and capitalized by the end of January 2021.
The new business and joint venture are being formed to purchase and sell aircraft and engines to be relet or disassembled and sold for parts. The parties anticipate that CFII will be capitalized initially with approximately $108,000,000 in equity capital and that it will establish a portfolio of aircraft assets, focusing on whole aircraft and engine acquisitions, sale-leaseback transactions and end of life part-out solutions. The capital contributed by the Investors -- presently anticipated to be approximately $100,000,000 -- will be contributed into CFII.
The Upsize Commitment is anticipated to exceed $250,000,000. Contrail intends to contribute approximately $8,000,000 of the initial capital committed to the fund as well, which is anticipated to lead to returns alongside the other investors.
finance.yahoo.com
Eos Energy Secures Contract valued at $2 millionEos Energy Secures Contract to provide Safe, Sustainable Storage to California Hospital
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), today announced it has a firm order from Charge Bliss, Inc. (“CBI”), a renewable energy microgrid developer/builder, to provide a critical care hospital with 2 MW of energy storage using its Znyth® battery. The deal is valued at $2 million.
“We are proud to collaborate with Charge Bliss to provide safe and reliable storage for a hospital micro grid application,”
Eos will provide this groundbreaking project with up to 2 MW of continuous power delivery upon installation, which is scheduled to take place in the second quarter of 2021.
“Our microgrid systems are engineered to supply clean energy while reducing peak demand,”
finance.yahoo.com
Expected net revenue increasedFourth quarter 2020 net revenue is expected to be approximately $3.5 million, increased from the prior expectation of approximately $2.5 million
Received communication from the FDA explaining the reallocation of agency resources to address Emergency Use Authorization (EUA) applications for products related to the COVID-19 public health emergency is affecting marketing application reviews, including the Eversense 180-day product, which will be delayed by at least 60 days. This is consistent with what Senseonics understands other medical technology companies have reported.
Inclusion of Eversense Category III CPT codes in the Centers for Medicare & Medicaid Services (CMS) 2021 Physician Fee Schedule (PFS), establishing global payment for the device cost and procedure fees for healthcare providers across the United States
Full year 2021 net revenue is expected to be between $12 and $15 million, based on installed base, acceleration of Ascensia’s commercial activities and other factors
Reached agreement with Roche to facilitate transition of distribution to Ascensia, as Roche sales conclude January 31, 2021, including final purchases, transition support activities, and resolution of other matters
Highbridge second lien loan extinguished through completed conversion of their second lien debt to common stock, simplifying capital structure
"Strong fourth quarter performance was driven by sales in Europe and supported by Ascensia’s initial US sales."
We remain confident that the PROMISE study demonstrates that the excellent performance of the current Eversense system is extended for up to 180 days, and that there still is potential for a decision from the agency by the end of the end of the second quarter
finance.yahoo.com
ION Acquisition Soars on Taboola SPAC Merger RumorsION Acquisition Soars on Taboola SPAC Merger Rumors
IACA stock’s October initial public offering raised $225 million for the special purpose acquisition company (SPAC) focusing on the Middle East region. Its stated goal was a merger with a private company valued at more than $1 billion. That IPO was upsized by more than 10% to 22.5 million units ahead of the floatation. Both ION and Taboola are based in Israel.
Daily Haaretz reported on Monday that Taboola was mulling either a SPAC merger or its own IPO. Its sister publication, business daily TheMarker, on Tuesday reported the ION-Taboola negotiations.
investorplace.com
Ouster to Combine With Colonnade Acquisition CorpOuster, a Leading Provider of High-Performance Digital Lidar Sensors, to Combine With Colonnade Acquisition Corp. to Accelerate Digital Lidar Adoption in Industrial, Smart Infrastructure, Robotics, and Automotive Markets.
Transaction expected to provide up to $300 million in gross proceeds, comprised of Colonnade Acquisition Corp.’s $200 million of cash held in trust (assuming no redemptions) and a $100 million fully committed common stock PIPE at $10.00 per share, including from Ouster’s existing investors, Cox Enterprises, Fontinalis Partners, and WWJr Enterprises.
Pro forma implied enterprise value of ~$1.6 billion and fully diluted pro forma equity value of ~$1.9 billion
Ouster shareholders will roll 100% of their equity holdings into the combined company
The boards of directors of both Ouster and Colonnade have unanimously approved the proposed business combination, which is expected to be completed in the first half of 2021, subject to, among other things, the approval by Colonnade's shareholders and Ouster’s shareholders, satisfaction of the minimum cash condition, which is equal to the $100 million committed common stock PIPE investment at $10.00 per share obtained in connection with the entry into the Merger Agreement, and certain other customary closing conditions stated in the Merger Agreement.
www.businesswire.com
Ameren Signs Long-Term 900 MHz Spectrum LeasesAmeren Signs Long-Term 900 MHz Spectrum Leases for Illinois & Missouri Service Territories
Anterix (NASDAQ: ATEX) today announced its first long-term 900 MHz broadband spectrum lease agreements, covering Ameren Corporation's ("Ameren") service territories for 30 years. These agreements enable Ameren's deployment of a private LTE network to support its digital transformation to deliver benefits for millions of Ameren customers in Illinois and Missouri.
finance.yahoo.com
Katapult to Become a Publicly Traded Company Through MergerKatapult to Become a Publicly Traded Company Through Merger With FinServ Acquisition Corp.
Leading e-commerce focused point-of-sale platform for nonprime consumers
Transaction values Katapult at a pro forma enterprise value of approximately $1 billion and equity value of $962 million, representing EV/EBITDA multiples of 14.1x and 6.6x projected EBITDA for 2021 and 2022, respectively. Total consideration paid to Katapult’s existing shareholders will be $833 million.
Cash proceeds of the transaction will fund up to $325 million of cash consideration to Katapult’s existing shareholders and $50 million of cash to Katapult’s balance sheet. The cash components of the transaction will be funded by FinServ’s cash in trust of $250 million
Transaction includes a $150 million fully committed PIPE at $10 per share from investors led by Tiger Global Management & Neuberger Berman Funds
Attractive, profitable financial profile with approximately $250 million of projected revenue (+172% y/y) for 2020
Proven and experienced management team, who will continue leading the combined company
The transaction is expected to close during the first half of 2021
www.businesswire.com
CURO Positioned to Benefit from Katapult’s Merger with FSRVCURO Group Holdings Corp. Positioned to Benefit from Katapult’s Announced Merger with FinServ Acquisition Corp.
$900+ million Transaction Provides $365 million Total Consideration to CURO
Katapult Holding, Inc. ("Katapult"), a company approximately 40% owned by CURO and a leading provider of e-commerce point-of-sale ("POS") lease purchase options for non-prime US consumers, and FinServ Acquisition Corp. (Nasdaq: FSRV) ("FinServ"), a publicly traded special purpose acquisition company ("SPAC"), have entered into a definitive merger agreement.
The transaction values Katapult’s equity at $908 million, which includes an earnout of up to $75 million in the form of additional common shares in the new public company.
Based on CURO’s ownership in Katapult, the transaction announced today will provide consideration consisting of a combination of cash and stock in the new company to CURO of $365 million , which includes an earnout of up to $30 million in the form of additional common shares in the new public company.
To date, CURO has made a total cash investment in Katapult of $27.5 million.
Upon the closing of the transaction, CURO anticipates receiving cash of up to $125 million and maintaining an ownership stake of at least 21% of the fully-diluted shares of the new public company.
The transaction is expected to close during the first half of 2021 and remains subject to approval by FinServ stockholders and other customary closing conditions.
finance.yahoo.com
Innoviz Technologies to be Listed on Nasdaq Through CGROInnoviz Technologies, a Global Leader in LiDAR Sensors and Perception Software for Autonomous Driving, to be Listed on Nasdaq Through Business Combination with Collective Growth Corporation
- Transaction is expected to provide up to $350 million in gross proceeds comprised of Collective Growth's $150 million of cash held in trust, assuming no redemptions by public stockholders, and a $200 million fully committed ordinary share PIPE at $10.00 per share, led by Antara Capital and includes strategic investments from Magna International, Innoviz's Tier-1 partner, Phoenix Insurance and other institutional investors
- Following the targeted closing of the transaction in the first quarter of 2021 , the combined Company is expected to have an estimated equity value of approximately $1.4 billion and to be listed on NASDAQ under the ticker symbol "INVZ"
BMW chose Innoviz's solid-state LiDAR sensor, InnovizOne, sourced and manufactured by Magna International, to develop its LiDAR for series production
- Innoviz current partners and investors include Magna International, Samsung-Harman, Aptiv, Magma Venture Partners, Vertex Ventures, SoftBank Ventures Asia, Phoenix Insurance, China Merchants Capital, Shenzhen Capital Group, Harel Insurance Investments and Financial Services and others
finance.yahoo.com
Nvidia long position ongoing. Hello traders.
Just wanted to share an ongoing Nvidia trade with opportunity to still enter before market reopen.
Working the H1 time frame here on this stock using a follow trend script.
Nvidia is a great example of how the script I'm using can be used on stocks if you operate on lower time frames to catch the ups and downs needed for working those lower time frames.
On this stock I'm using the script to work to a stop loss and take profit target.
Back test data is show at the bottom of screen on three years worth of data.
For anymore information please drop me a message.
Options Delta ExplainedI’m Markus Heitkoetter and I’ve been an active trader for over 20 years.
I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails.
They start trading and realize it doesn’t work this way.
The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades.
What is Delta?
What is Delta? You see options prices are influenced by what they call the Greeks.
A few of the Greeks are Delta, Gamma, and Theta. These are just three of the Greeks there are more.
When you’re trading options, it is important that you know about the Greeks and what they do.
For this article, we will focus on Delta, what it is, and why you should know exactly what Delta is.
Then we’ll go through a specific example explaining it, and then I’ll share with you a few things that you need to know about Delta.
So let’s get started.
The Greeks
OK, so as I mentioned, there are the option Greeks. Here are a few of them and what they tell you:
1) Delta is actually measuring the sensitivity. It’s a mouthful, but I’ll show you exactly what it means, for the option’s premium relative to the underlying asset in this article.
In a nutshell, though, it basically says, how much does the option price change if the stock moves $1 to the upside or the downside?
2) Gamma is the rate of change of the Delta.
3) Theta , and Theta basically measures time decay.
What Is Delta?
So what is Delta? Delta is a number between 0 and 1 that measures how much the price of an option changes if the stock moves by $1.
I know all of this sounds super theoretical, so let me actually give you a specific example.
Now, the example that I want to use here is Microsoft MSFT when it was trading at $211.20.
I want to cover different strike prices of options, because, again, options have strike prices and expirations.
We are looking at the current price of this option and we will look at the new price of this option if MSFT moves by $1 from $211.20 to $212.20.
When you bring up the option chain in your trading platform, in my case I use Tastyworks, the option we are using as an example is expiring on November 27th.
Here, you would see there are different call options on this site with different strike prices.
You would also see that they have all sorts of different Deltas. So let’s get started with the 205 that is right now trading at $7.30, and the Delta is 0.8.
Remember, the Delta is 0.8 because again, the Delta is between 0 and 1.
I’ll tell you about negative Delta in just a moment. The current price of the option is what we are seeing right here.
We look at the last traded price, the last traded price is $6.92.
So what does it mean? It means if MSFT goes up by $1 to $212.20, that the new price is $6.92 plus the Delta ($0.80).
So, you see this where it’s really important that you understand Delta. Some people think that options move even more than the stock, and this is not true at all.
So option prices always move less than the stock price. So the new price here of the option would then be $7.72.
So this is for a strike price of 205, and this is a strike price that is so-called ITM “In The Money” because its value, its strike is less than the current price.
Now let’s take a look at a strike that is at the money.
Now assuming MSFT is trading at $211 we will use the 210 strike price.
The 210 strike price has a Delta of 0.57, and this would be a so-called ATM “At The Money” with a Delta of 0.57.
Again, it is between 0 and 1. The current price of the 210 strike here is $3.05. We are using the last traded price here.
So if MSFT moves by $1 upwards, this option only moves 0.57. So this means that this option moves to $3.62.
Lets cover one more example.
So if we are using a strike of 215, that would be OTM “Out Of The Money,” and the Delta is 0.27. So the current price of this option is $1.06.
So if the stock moves up by a dollar, this option only moves up by $0.27.
Even though the stock moves up by $1, this only moves to $1.33.
Things You Need To Know
So let’s talk about the things you need to know.
Options that are ITM have a higher Delta then options OTM. So this means that ITM options move more.
Now, if you were to look back at your options chain, you see that the Delta for deep in the money options is 0.98.
So this basically means that if the stock goes up by $1, the price of this option goes up by $0.98, so the deeper in the money, the closer to $1 the price will move.
So options that are ITM are more expensive. This is where it’s important that you see that there’s a relationship between the Delta and the price.
The higher the Delta, the higher the price, because the higher the Delta, the more it is in the money.
As a rule of thumb, options ATM “At The Money” which are right where the strike price is right at the level where the current price is, are usually around 0.5.
Now, all this applies to call options. Now put options have a negative Delta which is between -1 and 0.
Well, the price of a put decreases if the option goes up. So the Delta for put options is all negative.
Now, put options that are ATM, are usually closer to one. And options that are OTM, don’t move a whole lot.
This is very important because some people just think,
“Oh, my gosh, I’m buying out of the money options because they are cheap. It is so much cheaper to pay $1.6 than $6.92.”
But they don’t really move a whole lot.
Now here’s a really cool tip that you might not have known.
The Delta is a rough estimate of the probability of the stock price closing above the strike.
So here, you see with a delta of 0.8, it means that there’s an 80% probability right now that the stock will be above that strike price.
If the Delta is 0.27, then that means there’s a 27% probability that the stock will be above that strike price.
So I think it’s kind of cool as an options trader to know this.
So the Delta is giving you a rough approximation of how likely is it that the stock will be above or below the current strike price on exploration.
Now here’s the tricky part, Delta is not fixed. So the Delta changes as the price changes and here’s why.
Right now, if, for example, MSFT (trading at $211) goes up to 215, the current strike price of 210 is deeper in the money therefore, then the Delta will be higher.
So now you know what Delta is, how it influences the option price, and you see that this is important when you are trading options.
Genius Sports Group To Go Public Through Combination With DMYDGenius Sports Group To Go Public Through Combination With NYSE-Listed dMY Technology Group II
- Pro forma enterprise value of the merger of approximately $1.5 billion, or 8.0x GSG's currently projected 2021 revenue of $190 million.
- Transaction includes a $330 million fully committed private investment ("PIPE") at $10.00 per share. anchored by institutional and experienced industry investors
- The combined company is expected to have approximately $150 million of growth capital (assuming no redemptions) and a substantially debt-free balance sheet to accelerate its U.S. and international expansion through organic growth and strategic acquisitions
- dMY II shareholders, GSG shareholders and PIPE investors will hold shares in NYSE-listed combined company
The Boards of Directors of both dMY II and GSG have unanimously approved the transaction. The transaction will require the approval of dMY II's stockholders, and is subject to other customary closing conditions, including a minimum cash condition. The transaction is expected to close in Q1 2021.
finance.yahoo.com
HydraFacial and Vesper Healthcare Announce Business CombinationHydraFacial, an Experiential Beauty Health Company, and Vesper Healthcare Announce Business Combination
HydraFacial is a category-creating beauty health company that provides a platform and technology to a community of providers and consumers, to deliver an experiential, 30-minute facial that offers results similar to a medical treatment
Transaction values HydraFacial at an enterprise value of $1.1 billion. Following the transaction, the company expects to have $100M in cash and no debt
The purchase price consists of $975 million payable at closing and up to $75 million payable upon the completion of certain identified acquisitions by the combined company.
Top-tier institutional investors anchoring the fully committed $350 million PIPE include Fidelity Management & Research Company, LLC, Redmile Group, LLC, Principal Global Investors, LLC, Camber Capital Management and Woodline Partners LP
Linden Capital Partners, a leading private equity firm, will remain the Company’s largest shareholder.
The transaction, which has been unanimously approved by both Vesper Healthcare’s and HydraFacial’s boards of directors, is expected to close in the first half of 2021 and is subject to approval by Vesper Healthcare’s shareholders and other customary closing conditions, including any applicable regulatory approvals.
finance.yahoo.com
btwn is considering a potential merger with TokopediaBridgetown Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel , is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to people with knowledge of the matter.
he special purpose acquisition company is exploring the structure and feasibility of a deal with Tokopedia, one of the most valuable startups in the southeast Asian nation, the people said. The SoftBank Group Corp.-backed firm could be valued at $8 billion to $10 billion in a transaction, said the people, who asked not to be identified as the discussions are private. Deliberations are at a prelim
Bridgetown raised $550 million in a U.S. initial public offering in October, following other so-called blank-check companies such as those associated with billionaire investor Bill Ackman and former U.S. House Speaker Paul Ryan.
Merging with a SPAC has become an increasingly popular method for closely held businesses to raise capital for growth. A potential merger with Tokopedia would also be in-
Merging with a SPAC has become an increasingly popular method for closely held businesses to raise capital for growth. A potential merger with Tokopedia would also be in-line with the strategy that Bridgetown set out in its prospectus: to focus on a target in the technology, financial services or media sectors in Southeast Asia.
Tokopedia became Indonesia’s second most valuable startup, just behind ride-hailing and delivery giant Gojek, by scoring early backing from SoftBank and Alibaba Group Holding Ltd. Alphabet Inc.’s Google and Temasek Holdings Pte invested about $350 million in Tokopedia, people familiar with the matter have said. E-commerce platforms including Tokopedia, Alibaba’s Lazada Group and Shopee -- a unit of Singapore-based Sea Ltd. -- have been some of the beneficiaries of coronavirus-driven lockdowns this year as they moved quickly to serve the millions of people forced to make their first online purchases while staying home.
www.bloombergquint.com
Advent Technologies Inc. to Combine With Spac AMCIAdvent Technologies Inc. to Combine With AMCI Acquisition Corp., Creating a Leading Next Generation Fuel Cell Technology Company
dvent has a proven business model – Advent has a proven, scalable business model that delivers consistent and recurring revenue, with an approximately $100m revenue opportunity per 1GW of customer demand.
Support from Advent shareholders – Advent’s existing shareholders will be rolling 100% of their equity into the combined company (subject to Advent stockholder approval of the transaction) exhibiting their confidence in the growth prospects of Advent.
The business combination values Advent at a $358 million pro forma post-money enterprise value at a share price of $10.00, assuming no redemptions by AMCI shareholders and no purchase price adjustments. The boards of directors of both Advent and AMCI have unanimously approved the proposed transaction, which is expected to be completed in the fourth quarter of 2020 or early 2021
AMCI will also amend its warrants at the closing of the business combination to cash-out all of its outstanding warrants for a payment of $1.50 per warrant
finance.yahoo.com
Romeo Power Technology to List on NYSE Through Merger With RMGRomeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp.
Romeo Power raises $384 million through the business combination, including a $150 million fully committed PIPE anchored by institutional investors as well as strategic investors The Heritage Group and Republic Services
Pro forma equity value of the combined company is approximately $1.33 billion
Transaction is expected to close in the fourth quarter of 2020
Upon closing of the transaction, the combined company will be named Romeo Power, Inc. and is expected to remain listed on the NYSE and trade under the new ticker symbol "RMO".
The company has varying forms of agreements with customers, enhancing visibility into the company’s future growth, including over $300 million of currently contracted revenue.
finance.yahoo.com
Opendoor to Become Publicly-traded via Merger with IPOBOpendoor, a Leading Digital Platform for Residential Real Estate, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia
The transaction values Opendoor at an enterprise value of $4.8 billion, and is expected to provide up to $1.0 billion in cash proceeds, including a fully committed PIPE of $600 million and up to $414 million of cash held in the trust account of Social Capital Hedosophia Holdings Corp. II ("SCH")
Insiders are making a significant commitment of $200 million of the $600 million PIPE. This $200 million commitment includes $100 million from Chamath Palihapitiya, Founder and CEO of SCH, $58 million from Hedosophia, with the remainder invested by existing Opendoor shareholders, Access Industries and Lennar, along with Opendoor management
Top-tier institutional investors anchoring the remaining $400 million of PIPE investments include funds and accounts managed by BlackRock and Healthcare of Ontario Pension Plan (HOOPP)
Opendoor expects to have up to $1.5 billion in cash on its balance sheet to fund operations and support new and existing growth initiatives.
finance.yahoo.com
A look at DataDog stock growth.Hello Traders
I've covered the potential of the strategy script I am using on stocks like Tesla and Apple and how the script presented early entry opportunities.
Working the W1 chart on those two stocks mentioned buy signals presented on both at stages in 2019 and have kicked on to some unreal gains.
But now its time to focus on some potential growth stocks. Here I talk about Datadog.
This stock year to date has grown 164% and the strategy I use presented a buy signal back in June which is when I entered this one in to my portfolio. Since then it has gone on to gain 15%. Still loads of potential growth and when working this time frame its all about long term growth.
For any more information on the strategy I utilize please drop me a message.
HCAC Announces Effectiveness of Registration StatementHennessy Capital Acquisition Corp. IV Announces Effectiveness of Registration Statement and Record and Meeting Dates for Special Meeting of Stockholders to Approve Proposed Business Combination with Canoo Holdings Ltd.
- Special meeting of stockholders to approve proposed business combination with Canoo Holdings Ltd. to be held on December 21, 2020 -
- Record date for the special meeting will be October 27, 2020 -
- Upon closing, combined company stock and warrants will trade under “GOEV” and “GOEVW” ticker symbols –
- Canoo will reveal its Multi-Purpose Delivery Vehicle on December 17, 2020 -
- Since announcing the transaction, Canoo has seen substantial growth in consumer demand and significant interest from potential partners in its proprietary market leading EV platform and underlying technologies.
- HCAC’s stockholders of record at the close of business on the Record Date are entitled to receive notice of the Special Meeting and to vote the shares of common stock of HCAC owned by them at the Special Meeting.
finance.yahoo.com