20 de outubro de 2020 , por
Since I cant mention the current ticker (stupid rule, I’ve edited this probably 6 times now) ill give hints. The ERX solution transforms existing fleets and delivers the desired efficiency impact: zero or even negative emissions with significantly reduced operating costs over time. The warrants saw 181% gain after the merger announcement. Hyliion produces electrified powertrain systems that can augment or fully replace traditional diesel- or natural gas-fueled powertrains. Hyliion compares its valuation to Nikola based on projected revenues, and Hyllion seems like the much cheaper company. The company’s board will include existing members from Hyliion and Tortoise Acquisition Corp., including Cubbage, Stephen Pang, managing director and portfolio manager at Tortoise Capital Advisors, Ed Olkkola, managing director at Teakwood Capital, Howard Jenkins, former chairman and CEO of Publix Super Markets, and others to be added at a later date. The shareholder vote on Monday 28th of September will formalise the proposal for SHLL to merge with Hyliion under a new ticker (NYSE: HYLN). The FCEV truck is the one most anticipated by customers and has over $10 billion in pre-orders. If we value Hyliion with the same at metric (7.5x 2024 revenues) then the company should trade at about a $16 billion market cap. You have entered an incorrect email address! Great article post.Really thank you!
Tortoise’s expertise spans across the entire energy and infrastructure value chain. These funds will be used to accelerate product commercialization, product production, operational growth and for general corporate purposes. Personalize which data points you want to see and create visualizations instantly. Really Cool. 16/10/2020 12:44:16 1-888-992-3836 Free Membership Login With California’s new laws im heavily invested in both this and another ev delivery truck stock since I believe government funding is going to lead to electric usps trucks and they are going to explode even more. Should one or more of the risks or uncertainties described in this press release, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. The company's s, minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. The acquisition group is a tortoise and its ticker rhymes with shell. Hyliion designs, develops and sells electrified powertrain solutions. From Hyliion’s investor presentation: Should Hyliion and Nikola trade at roughly the same market cap? The author has no business relationship with any company whose stock is mentioned in this article.
When comparing long-range class 8 trucks, it looks like Hyliion will beat Nikola by 2 years, as the Hyliion Hypertruck is set to debut in 2021 compared to Nikola’s FCEV truck in 2023. PitchBook is a financial technology company that provides data on the capital markets. The stock of $SHLL popped 40% on the news, giving Hyliion a market cap of $2.2 billion. Marathon Capital is serving as exclusive strategic and financial advisor, and Cooley LLP and Wick Phillips LLP are serving as legal advisors to Hyliion.
Stock analysis for Hyliion Holdings Corp (SHLL) including stock price, stock chart, company news, key statistics, fundamentals and company profile. To listen to the prepared remarks via telephone dial 877-407-9210 (U.S.) and an operator will assist you.
Hyliion General Information Description. Except as otherwise required by applicable law, Tortoise Acquisition Corp. and Hyliion disclaim any duty to update any forward looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Healy will continue as CEO of the combined company, overseeing the implementation of Hyliion’s corporate strategy. Neither Nikoka nor Hyliion has much revenue in 2020, but they are projecting high revenue growth over the next few years. Today it climbed back over 44.
Rather than sell a new system, these companies can retrofit Hyliion’s technology to their vehicles. Headquartered in Austin, Texas, Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of commercial transportation Class 8 vehicles by being the leading provider of electrified powertrain solutions. For more information, visit www.hyliion.com. Ticker: SHLL ⚠️ Notice: This page details filings for Hyliion Holdings Corp. The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. Get the full list », You’re viewing 4 of 6 executive team members.
Information concerning the interests of Tortoise Acquisition’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement relating to the business combination when it becomes available. A Thought Experiment. The company expects to have $344 million in sales in 2022, rising to $2.1 billion in 2024. Biotechs, microcaps, and special situations. In addition, Tortoise Acquisition Corp. cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Tortoise Acquisition Corp. or Hyliion following announcement of the transactions; (iii) the inability to complete the business combination due to the failure to obtain approval of the shareholders of Tortoise Acquisition Corp., or other conditions to closing in the transaction agreement; (iv) the risk that the proposed business combination disrupts Tortoise Acquisition Corp.’s or Hyliion’s current plans and operations as a result of the announcement of the transactions; (v) Hyliion’s ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Hyliion to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) changes in applicable laws or regulations; and (viii) the possibility that Hyliion may be adversely affected by other economic, business, and/or competitive factors. S&P 500 Futures retrace five-day losing streak above 3,400, 3 things Alphabet (NASDAQ:GOOGL) investors should watch ahead of its earnings report – Motley Fool Australia, Hong Kong Shares Predicted To Open Under Pressure, National Oilwell Varco: Cost Cuts May Not Offset Revenue Declines, S&P affirms Australia’s rating; flags fiscal and economic risks, SoftBank Stock Trading Unit Said to Amass Over $20 Billion, China Stock Market May Take Further Damage On Tuesday, Dow Jones Sinks, Hang Seng May Follow. Its systems are designed to improve performance and lower total cost of ownership while leveraging the existing alternative fuel infrastructure. Nikola stock has already ripped 600% since announcing the merger that would bring it public. “We are building solutions that are available today and address the immediate needs of today’s trucking fleets,” said Thomas Healy, CEO and founder of Hyliion. Update Expected Soon. Check my history I first mentioned this stock months ago when it was under 20 a share. The merger will drive Hyliion’s corporate expansion and further the development and commercialization of its powertrain solutions, with the support of the company’s robust network of industry partners. Tortoise Acquisition Corp. and Hyliion caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Tortoise Acquisition Corp. or Hyliion. This is not a pump and dump like nikola. I’ve got $63k sitting in my bank for another two months. Follow me on Twitter at. Leverage existing fueling and fleet infrastructure.
Click Here for Hyliion Investor Presentation, AUSTIN, Texas & LEAWOOD, Kan.–(BUSINESS WIRE)–Hyliion Inc., a leader in electrified powertrain solutions for Class 8 commercial vehicles, announced today it intends to merge with Tortoise Acquisition Corp. (NYSE: SHLL), a publicly traded special purpose acquisition company with a strategic focus on the energy sector and decarbonizing commercial transportation in North America. Source Investor Presentation. For more information in regards to voting click here. Tortoise Acquisition Corp.’s SEC filings are available publicly on the SEC’s website at www.sec.gov. Important Information for Investors and Shareholders. Manufacturer of hybrid systems designed to turn semi-tractors into intelligent electric hybrid vehicles. If this still isnt enough check my profile history. The deal implies an enterprise value of about $1.1 billion for Hyliion. Hyliion, founded a few years ago by Thomas Healy, is creating electric and hybrid powertrains for heavy trucks. For speculators who want max leverage, warrants on Hyliion’s stock are also available (ticker: $SHLL/WS). Well unlike nikola hyliion is actually a reputable company with products on the market now and a ceo with brain cells to spare. Manufacturer of hybrid systems designed to turn semi-tractors into intelligent electric hybrid vehicles. The FCEV truck is set to launch in 2023. Since I cant mention the current ticker (stupid rule, I’ve edited this probably 6 times now) ill give hints. Our mission is to enable our fleet customers to quickly realize lower carbon emissions and significantly lower cost of ownership benefits provided by our technology.”. Results Expected Soon. The following company has records linked to the trading symbol SHLL: SHELLS SEAFOOD RESTAURANTS INC; Hyliion Holdings Corp. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. In the last month it ran up from 26 to 55 and backed off to 42 yesterday. They can be used by any commercial vehicle maker. The fuel powers a generator which stores energy in a battery that powers the motor. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. FMCI (Tattooed Chef) Warrants Will Gain 1000%.
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