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Buy Signal: 215.05Stop: 205.00 Model range play back toward highs. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model: Our model focuses on the transitions between 3 geometric states- Range, Continuation, and Reversal In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
NYSE:MCDLong
by IngenuityTrading
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
CLong
by AlenCiken
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
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by AlenCiken
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
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by AlenCiken
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
B
by AlenCiken
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
A
by AlenCiken
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
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by AlenCiken
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
I
by AlenCiken
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.
NASDAQ:DDOGLong
by RichScott
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
HLong
by AlenCiken
EV developer Canoo to go public via reverse merger with HCAC- Transaction to provide approximately $600 million of gross proceeds that will support the production and launch of electric vehicles (EV) featuring Canoo's advanced skateboard technology - Transaction is supported by a fully committed common stock PIPE of over $300 million, including investments from funds and accounts managed by BlackRock, among other institutional investors - As a result of outsized demand, the PIPE offering was meaningfully oversubscribed and upsized - Pro forma equity value of the merger is approximately $2.4 billion The boards of directors of both Canoo and HCAC have unanimously approved the proposed business combination, which is expected to be completed in the fourth quarter of 2020, subject to, among other things, the approval by HCAC stockholders and the satisfaction or waiver of other customary closing conditions. finance.yahoo.com
HLong
by AlenCiken
The Lion Electric Company to go public via NGA spac companyThe Lion Electric Company and Northern Genesis Acquisition Corp. Announce Merger and Commitments for $200 Million in a PIPE; Combined Company Expected to be Listed on NYSE - The Lion Electric Company ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles - Pro forma implied market capitalization of the combined company of $1.9 billion, at the $10.00 per share PIPE subscription price and assuming no public shareholders of Northern Genesis exercise their redemption rights. - Transaction includes a $200 million fully committed private placement of common shares in Lion (PIPE). - The company is expected to receive approximately $500 million of net cash proceeds in connection with the transaction, comprised of $200 million from a PIPE and approximately $320 million of cash held in trust by Northern Genesis assuming no public shareholders of Northern Genesis exercise their redemption rights at closing. - Completion of the proposed transaction is expected to occur in the first quarter of 2021. finance.yahoo.com stock
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by AlenCiken
Rush Street Interactive to go public via DMYT spac companyRush Street Interactive and dMY Technology Group to Combine to Create a Growing Publicly Traded Online Gaming Company Combined company anticipated to have initial enterprise value of approximately $1.78 billion, plus an estimated over $235 million in net cash to fund growth strategy Transactions include a $160 million committed PIPE at $10.00 per share led by Fidelity Management and Research Company RSI projects approximately $320 million in revenue for 2021 fiscal year The transaction is expected to close in 2020 . Upon closing, dMY intends to change its name to Rush Street Interactive, Inc. and its NYSE trading symbol to "RSI." finance.yahoo.com
D
by AlenCiken
Hims & Hers to Become Publicly-Traded via Merger with OAKHims & Hers, a Multi-Specialty Telehealth Platform, to Become Publicly-Traded via Merger with Oaktree Acquisition Corp. Combined company to have an implied initial enterprise value of approximately $1.6 billion, with the company expected to have an estimated $330 million in cash after closing Top-tier investors, including Franklin Templeton and clients of Oaktree, anchoring a $75 million PIPE Leading existing institutional backers of Hims & Hers, including Founders Fund, Forerunner Ventures, IVP, Redpoint Ventures, Thrive Capital, McKesson Ventures, and the Canadian Pension Plan Investment Board intend to roll 100% of their equity The enterprise value equals 8.9x estimated 2021 revenue and 12.2x estimated 2021 gross profit, an attractive valuation relative to telehealth peers despite the Company’s leading growth and margin profile. The transaction is expected to close in the fourth quarter of 2020. finance.yahoo.com
OLong
by AlenCiken
Danimer Scientific to go public via loak spac companyDanimer Scientific has entered into a definitive merger agreement with Live Oak Acquisition Corp. (NYSE: LOAK) Pioneer in creating fully biodegradable and compostable bioplastics providing a cleaner, healthier, and environmentally responsible alternative to fossil fuel-based plastics High-growth industry leader with blue chip customer contracts (PepsiCo, Nestlé, Genpak, WinCup, Columbia Packaging Group and Plastic Suppliers Inc.) demonstrating large-scale demand for PHA-based biodegradable plastics Institutional investors commit to invest $210 million at closing; including certain funds managed by affiliates of Apollo, Federated Hermes Kaufmann Small Cap Fund, and over $50 million from Live Oak affiliates $890 million of equity, $385 million of cash and only $20 million of pro forma debt provide ample flexibility to support abundant long-term growth opportunities Fully financed at closing of the merger to expand production capacity from 20 million pounds annually today to approximately 200 million pounds in 2025 Intense demand from existing blue chip multinational customers supports management revenue forecast of over $500 million annually in 2025, with significantly increased profit margins by scaling existing production facilities The transaction implies an equity valuation for Danimer of approximately $890 million at closing . It is anticipated that the combined company will have approximately $385 million of unrestricted cash on the balance sheet to fully fund future, planned growth, including the expansion of its current facility and the build out of its contemplated greenfield facility. finance.yahoo.com stock
L
by AlenCiken
Tuscan Holdings Corp. Announces Intent to Combine With MicrovastTuscan Holdings Corp. Announces Intent to Combine With Microvast Inc. ("Tuscan") today confirmed that it has signed a letter of intent ("LOI") related to a business combination with Microvast Inc., a market leading provider of next-generation battery technologies for commercial and specialty use electric vehicles ("Microvast" or the "Company"). Microvast has a compelling financial profile, with significant historical revenues as well as projected growth and profitability. With its battery technology installed in over 28,000 vehicles worldwide, an impressive, growing list of global OEM customers, and a strategic partnership with Fiat Power Train Industrial Microvast expects to generate over $100 million of revenue this financial year. Completion of the transaction is subject to, among other things, the execution of a definitive agreement, approval by the two companies' boards, satisfaction of customary closing conditions and approval of the transaction by each company's shareholders. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated on the terms currently contemplated or at all. finance.yahoo.com
T
by AlenCiken
Buy Signal: 264.70Stop: 250 First target: 290 China stocks have been lagging over the past month but emerging markets as a whole remain in an uptrend. Unless the environment changes we continue to follow the model looking for a reversal to the upside. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
NYSE:BABALong
by IngenuityTrading