Payoneer to Become Publicly Traded Company Through FTACPayoneer to Become Publicly Traded Company Through Combination With FTAC Olympus Acquisition Corporation
Payoneer processed more than $44 billion in volume in over 7,000 trade corridors in 2020
Transaction assigns Payoneer $3.3 billion pro-forma implied enterprise value upon , representing a 7.6x multiple of 2021 expected revenue of $432 million. The cash component of the purchase price to be paid to the equity holders of Payoneer is expected to be funded by FTOC's cash in trust (minus any redemptions by FTOC's existing public stockholders).
Includes commitments for $300 million PIPE from investor group including existing investor Wellington Management, as well as Dragoneer Investment Group, Fidelity Management & Research Company LLC, Franklin Templeton, certain funds managed by Millennium Management, funds and accounts advised by T. Rowe Price Associates, Inc., and Winslow Capital Management, LLC
Following the Reorganization, the Company is expected to have up to $563 million in cash, offering significant capital flexibility for continued organic and inorganic growth.
Existing Payoneer equity holders have the potential to receive an earnout of additional shares of common stock if certain stock price targets are met as set forth in the reorganization agreement, and they will remain the largest investors by rolling over significant equity into the Company.
The transaction is expected to close during the first half of 2021.
finance.yahoo.com
Techs
$SMEV No News Is Good NewsSynergy posted another update today where $SMEV was not mentioned. However you interpret this I believe this to be good news as the company stated in the last update that they would be talking with the COO to establish some sort of agreement where the company would help the COO bring $SMEV current and bring a Reverse Merger into the company.
The fact $SMEV was not mentioned in this update tells me the deals are still being worked out as if there was no agreement made or they agreed to go their separate ways it would have been mentioned in this update as they have with other shells mentioned parting ways immediately after whatever happens happens they don't wait weeks to update about it.
PT .25
$HESG Gearing for a Breakout as it Continues to be Accumulated$HESG One of the last undervalued trips getting highly accumulated following a possible breakout in a few weeks pending sooner if there is news or a group that comes in.
PT .01-.03
$NVGT In Breakout Mode as Accumulation Continues Ahead of R/MWeed/CBD Play PT $1.50+ After Reverse Merger
$HESG Trip Play being Accumulated at bottom looking for a BO$HESG Currently looking for a breakout here with massive accumulation, usually what happens with trips before they alerted by groups.
PT .0050
$CMGR Clubhouse+Billion Impressions a Month PT $50-$100$CMGR has been steadily making waves following several reports of its social media influencers some of them with millions of followers on all platforms going viral. The company has several Influencer houses and manages the influencers and their content racking in revenue from ad campaigns.
The company is set to take the Social media world by storm this year and is in a good position to do so.
Personal PT $50-$100
$MEGH Potential For Massive Gains With Upcoming Custodianship$MEGH Has been getting steadily accumulated ahead of the upcoming Custodianship by Small Cap Compliance LLC's Rhonda Keaveney: www.smallcapcompliance.com
The shell is perfect in every way boasting a massively impressive small S/S: 50 Mil A/S 49 Mil O/S 25,800,000 of which is restricted and a 17 Mil or less Float.
The stock has been moving upwards the last few days and is in breakout mode on the charts. I anticipate a move to around .25-.30 the day of the Custodianship announcement and a slow move to over a $1 in the weeks after. The small S/S is perfect for a major move and presents immense trading opportunities. All IMO.
PT: $1+
$PRPM Rollout of New Products and ServicesRumors have it that there will be product and service announcements and launch early this year. The PPS has been slowly accumulated and the chart is building to an inevitable breakout once again. Grabbed some today. PT .01+
$SMEV Synergy Plans on Working with Company Management PT .25$SMEV Synergy dropped the news the other day that they would be discussing options as far as working with Synergy management to bring a company in or a acquisition following the COO's decision that he would like to keep the shell. This news brings the best of both worlds as the COO was pivotal in the development of the company's Spa Capsules a few years ago which were successful.
Ben of Synergy owns 24,000,000 shares of the Company's common stock and the COO Allen owns Preferred shares so it would benefit them both if they worked together to get the company streamlined and back up and running with a new R/M'ed company that Synergy probably already has lined up for the shell.
I see this as a win win although many saw it as possible "Bad news" and sold the last couple days the stock has regained traction and the selling has all but finished with the stock moving green several times today.
Personal PT of .25 is still on track IMO.
Globalstar Signs Agreement With Ceres TagGlobalstar Signs Agreement With Ceres Tag, the World’s Only Direct to Satellite Livestock Smart Ear Tag
GSAT has signed a commercial agreement with Ceres Tag, to supply satellite services to the livestock industry through the world’s first and only smart ear tag for traceability provenance, biosecurity, health, animal welfare, production improvement and theft reduction.
This agreement follows Ceres Tag’s recent success in winning the SVG Ventures THRIVE Challenge and their ear tag being named as the #1 Big Breakthrough Technology for Ag Change in the Next Decade by the AgJournal of Weekend Australian.
Ceres Tag will launch May 1, 2021 at the Beef Australia Exhibition in Rockhampton Queensland Australia and will be available for purchase from their online ecommerce website for delivery worldwide. Initial market focus will be Australia/New Zealand and North America.
finance.yahoo.com
SPOT Partners With Battlbox to Drive Awareness of Winter Safety
As part of the partnership, Battlbox Pro Box subscribers will receive a SPOT Gen4, the next generation of the SPOT Satellite GPS Messenger™, with up to 6 months of service.
finance.yahoo.com
$TKSI Making Moves As Its Plant Based Meats Go International$TKSI Has released several news releases following its move to introduce its plant based meat products overseas to the United States and abroad. The company is on a major mission to ensure their products become a household name and could become a staunch competitor with Beyond Meats.
PT $50.00
$SMEV Clears Key Resistance Level Ahead of Custodianship PT .25$SMEV Has been steadily making higher highs and higher lows as it gears towards the closing of the Synergy custodianship in the first week of February.
The stock broke the key resistance level of .0040 and has been churning out the high .0040s almost breaking .0050 3 times now. I suspect once the .0050 is churned out it will begin skipping .0010s as it moves higher and the float thins out and becomes locked up.
Right now whoever is buying 1 mil blocks is on a mission to lock up the float ahead of the custodianship and I have a theory they suspect big plans are in the works.
This is one of my long term plays for 2021 PT .25
Achronix to List on Nasdaq Through Merger With ACE ConvergenceAchronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance
Highly differentiated financial profile with estimated 2020 revenues of approximately $105 million, 79% gross margins and 35% operating margins with migration to next-generation products driving an estimated revenue CAGR of 20% to 25% from 2020 to 2025
Business combination with ACE Convergence Acquisition Corp. (Nasdaq: ACEV) positions Achronix to capitalize on non-cancellable backlog in excess of $160 million and over $1.1 billion in identified pipeline opportunities driven by Speedster® and Speedcore™ products
Approximately $2.1 billion estimated post-transaction equity value based on current assumptions with up to $330 million in gross cash proceeds to the company, assuming minimal redemptions
Oversubscribed $150 million fully committed common stock concurrent PIPE financing at $10.00 per share anchored by ACE Equity Partners LLC, funds and accounts managed by BlackRock and Hedosophia; and with participation from other institutional investors
Achronix expected to be listed on Nasdaq under the ticker symbol "ACHX" following an anticipated transaction close by the end of the first half of 2021
Customer validation of Achronix’s products is substantiated by nearly $240 million in orders received in 2020 . Achronix’s new Speedster7t and Speedcore products, built on leading-edge process technology, have contributed to a design pipeline value in excess of $1.1 billion and are expected to drive Achronix’s future growth.
"The next era of growth and opportunity is in the trillions of connected devices providing compute-intensive intelligence, all fueled by network connectivity and 5G,"
finance.yahoo.com
Anderson from Colliers reiterated a buy ratingAnalyst Charles Anderson from Colliers reiterated a buy rating on the stock while increasing its price target from $13 to $15.
Anderson is bullish on the company's prospects related to Sony's PlayStation 5, which incorporates Immersion's haptics technology in the new DualSense wireless controller. One of the notable additions to the newest generation of the game console is the inclusion of adaptive triggers in the controller, which facilitate a new level of haptic feedback for players.
Anderson has been using the DualSense controller and called it a "breakthrough" for Immersion to score such a high-profile design win in a mass-market application. Demand for the PS5 has been off the charts, with units flying off digital shelves within minutes of retailers getting additional inventory after launching last month.
"Immersion collects a royalty from each controller and we expect more than one controller will ship per console over time to support multiplayer gaming and to replace worn-out controllers,"
"The DualSense controllers are already available at retail ahead of the PlayStation 5 console launch."
Anderson believes that Immersion will be able to expand into other markets with its haptics technology offerings, and that the company has finally created an "efficient and predictable operating model."
www.fool.com
The analyst also notes that Immersion's fundamentals are becoming more predictable with 80% of revenue coming from per unit royalties, double the amount from four years ago.
seekingalpha.com
$SMEV Accum of Shares Thru The Roof As Entity Builds ChartSynergy Custodian with Management Owning 3% of the O/S Possibly the biggest R/M play for 2021 being slowly accumulated higher and higher with entity MMs slowly pushing it up on the Bid.
Tracking...PT .10+
$APYP Flies On Filings Completing Requirements for Pink Current$APYP is Awaiting News and Filings for an Upcoming $25,000,000 Merger. The company is now in good standing and ready to start dropping news once it is Pink Current.
PT .10-.20
$CLIS Acquires Nebula Software Corp - Developers of HeyPal(TM)$CLIS Clickstream has been on a tear getting their software and applications ready for next year today announced the acquisition of Nebula Software Corp.
www.accesswire.com
I anticipate the company will be announcing crypto payment processes eventually more than likely before the end of year.
Below is some of the DD for the corporation so far:
Terms of the deal included Clickstream Corp. (OTC Pink:CLIS) providing a $350,000 Secured Loan to $GOOOD for $GOOOD to acquire 96.5% of VegasWINNERS, Inc. and in return, $CLIS purchased an option to acquire 14,901,200 of the current outstanding $GOOOD shares of 17,842,925 common stock (which are currently trading at .185) for $175,000
finance.yahoo.com
This is the first major deal that should be an eye opener for some here from Mid August. $CLIS currently trading at .0225 has the option to purchase up to 84% of a company trading at 600% the current $CLIS price for $175,000. The companies are managed by some of the same directors who have a very good history of moving tickers with established businesses. Both of which are bringing in substantial revenue.
Now let’s talk about some of the other recent news:
Strengthened the App’s security in early October
www.accesswire.com
Added 3 additional non hosted gaming contests in mid October
www.accesswire.com
By Mid November In the Trivia app’s first 4 weeks of the launch over 21,000 games have been played with over 2,100 repeat players becoming a consistent revenue generator for the company and beating early estimates.
finance.yahoo.com
The company has added a plethora of celebrities and well known namesakes to its management and hosting team, most recently of which famed Ray Donovan as the host of the trivia game in mid December
www.accesswire.com
$SMEV Synergy Possible Custodian with the Best S/S and HistorySynergy has announced its intent to register this shell a custodian and owns around 6% of the Outstanding Shares making it one of the largest holdings Synergy has had out of all its Custodians.
$TKSI Selling its Prime Vegan Plant Based Meats in Restaurants$TKSI Has sold many of its prime products in and around Japanese restaurants and is looking to expand to other local markets in Japan and possibly internationally.
twitter.com
$CLIS Announces Pooch Hall from Showtime as Lead Primetime HostWinQuik(TM) App Announces Actor Pooch Hall From Showtime's Hit Series "Ray Donovan" as Lead Primetime Host and Makes Changes to Include Celebrity Cameos.
New Format Launching Dec.15th Reduces Response Times, Allows for Faster Gameplay and Promotes Pop Culture Trivia
BEVERLY HILLS, CA / ACCESSWIRE / December 15, 2020 / WinQuik™ app announced today that changes have been made to improve user experience and to maintain competitive integrity. A major change taps popular host Pooch Hall as the face of the WinQuik™ app, where he will appear in more live trivia games five times a week starting Tuesday, Dec 15th.
www.accesswire.com
$RSSV Moving After Break of Key Resistance @ .15 PT $2.50 EO Jan$RSSV Has been making massive moves lately and its no surprise why. With two major acquisitions possibly closing by EOY the company is on track to break its previous summer high of .60 and quite possibly get close enough to its 52 WK high at $4.00
There are comparisons to be made to another recent major runner $TZPC:
$TZPC
Pink Current
Penny Stock Exempt
Current Price - $32.25
Started At - .05
A/S: 300 Mil
O/S: 42 Mil
Float: 5-10 Mil (Approx)
$RSSV
OTCQB
Penny Stock Exempt
Same Catalysts Potential
Current Price - .138
Started At - .03
A/S: 1 Bil
O/S: 120 Mil (60 Mil of which is designated for the Acquisitions)
Float: 32 Mil
$SNDL Major Earnings Beat TBH IMO PT $1.50+Sundial Growers , Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate.
Aug 13 (Reuters): NET CANNABIS REVENUE FOR Q2 OF 2020 WAS $20.2 MILLION, AN INCREASE OF 44% OVER Q1 OF 2020
6/29/2020 BMO Capital Markets Upgrade Underperform ➝ Market Perform target price $1.00
If we divide the equity value or total value which is the sum of the present value of the future cash flows, which in this case is CA$282m by the number of shares outstanding relative to the current share price we get a valuation
of .75 which in my opinion is still highly undervalued.
The company's goal is to provide customers with the best quality cannabis with the help of experts in the growing field.
The company’s partners include the University of Saskatchewan, University of Calgary, Inplanta Biotechnology, PlantBiosis, Town of Olds and Olds College.
Sundial Growers operates several different brands that it sells its cannabis products through.
That includes Sundial, Top Leaf, BC Weed Co., Palmetto, and Grasslands.
"CALGARY, AB, Nov. 9, 2020 /PRNewswire/ - Sundial Growers Inc. ("Sundial" or the "Company"), is pleased to announce that it has entered into a sales and distribution agreement (the "Agreement") with local company Choklat Inc. ("Choklat"), a Health Canada licensed chocolatier company focused on offering decadent confections with high-quality flavour. The new collaboration between the two Alberta-based companies provides Sundial the opportunity to continue to expand its product portfolio and enter the edible market."
"CALGARY, AB, Oct. 20, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company"), is pleased to announce the expansion of its Palmetto brand presence across Canada.cConsistent with Sundial's focus on premium inhalables, the Palmetto brand offers a diverse product portfolio to accommodate consumers looking for an experience that offers convenient, high-quality products alongside unique branding. Palmetto's dried flower format recently launched in Quebec and was sold out within two weeks, indicating early resonance with consumers in a rapidly expanding and competitive market."
My own PT around $3 by EOM
$SNDL To Da MoonWith Biden as President Expect all Pot Stocks to start running exceedingly hard into February or April. The great pot stock rush of 2021 is Upon us.
P.S: I am a Trump Supporter and I approve this message.
Money is Money!!!
