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PureCycle Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $46.50.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Roth CH Acquisition I Co is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
3 Recent De-SPAC Winners: PLBY, PCT, CHPT
PLBY Group, PureCycle Technologies, and ChargePoint s public stock have (so far) been thriving
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Apr 21, 2021
With all the negative sentiment surrounding SPACs, we highlight 3 companies that have, so far, been successful in their debuts in the public markets. While 2/3 are down since their actual De-SPAC date, it s important to remember that they are still massively up since their SPAC IPOs. Unlike CLOV, who Chamath has gone to bat for, the short sellers haven t yet come for these stocks.
While some of the luster of peak SPAC has worn off, the deals are still huge home runs if you invested at the right price point, and exhibit the strength of potential returns for innovative companies with strong future growth prospects.
PureCycle Technologies (PCT) is now ready to go public as shareholders of Roth CH Acquisition I Co. (NASDAQ: ROCH, ROCHU, ROCHW) , a special purpose acquisition company backed by Roth Capital Partners and Craig-Hallum Capital Group have approved previously announced merger. PureCycle Technologies is a leading innovator in polypropylene recycling aiming to revolutionize plastic recycling. Upon closing of the transaction, the newly created holding company will be re-named “PureCycle Technologies, Inc.” and will be listed on the Nasdaq Capital Market under the new stock ticker symbol PCT.
The Company is building its first commercial-scale plant in Ironton, Ohio, which is expected to have capacity of approximately 105 million pounds of ultra-pure recycled polypropylene per year when fully operational. This factory is scheduled to be completed in the second half of 2022
Clue gets FDA clearance to launch a digital contraceptive
Clue, an early pioneer in the femtech category with a well-regarded period-tracking app that’s used by around 13 million people, is getting ready to launch a digital contraceptive which will offer users a statistical prediction of ovulation as a birth control tool.
A US launch of Clue Birth Control is slated for “this year”. The team won’t be more specific on the date yet.
Pricing will be “premium” but they’re also keeping the exact cost under wraps for now.
The Berlin-based company is today announcing that they’ve gained FDA clearance for the forthcoming product, clearing the way for a US launch in 2021.