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SPACs Get Beat Up Again


SPACs Get Beat Up Again
SPACs are getting increasingly battered as IPOs are scarce, pre-deal SPACs fall consistently below NAV, and announced deals continue to weaken. EV SPACs got hammered as two deals closed.
Author:
Another rough day for SPACs as
the average price for a pre-deal SPAC is now down to $9.88. SPACs with announced deals fared even worse with
almost 85% trading down today.  
This morning did see one M&A announcement (see below), but that brings the week s total to just two announced and neither impressed. 
It s clear the pace will remain slow until peak deal - i.e. when the 420+ SPACs that are searching for targets and feeling the pressure - forces the hand of the SPACs. Those SPACs are trading at an ....

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TPGY Stock Is Enticing for Both Day Traders and Value Investors


TPGY Stock Is Enticing for Both Day Traders and Value Investors
InvestorPlace
5/6/2021
TPG Pace Beneficial Finance (NYSE:
TPGY) is an interesting pick-and-shovel play in the electric vehicle (EV) space, especially after falling the stock has fallen substantially from its February highs.
© Provided by InvestorPlace
KIA electronic vehicle charging
Closing at $16.79 per share last Friday, it is trading at an almost 51% discount to its 52-week high. However, there are still legitimate fears that the stock may crash back to the $10 per share level.
One thing is for sure, as we move closer to the merger date, short-term catalysts will start to fade towards the background, with company-specific catalysts taking center stage. ....

United States , Matt Mccall , Evbox Group , Vanderwolf Images , Beneficial Finance , Pace Beneficial , Blink Charging , North America , North American , ஒன்றுபட்டது மாநிலங்களில் , மேட் ம்க்கால் , நன்மை பயக்கும் நிதி , கண் சிமிட்டும் கட்டணம் வசூலிக்கிறது , வடக்கு அமெரிக்கா , வடக்கு அமெரிக்கன் ,

EVBox and On Power team for Reykjavik EV infrastructure


15-year fitment forecasts for 20 automotive component sectors including:
Vehicles and markets • Connected vehicle technologies • Electrified vehicles • Lightweighting •
Chassis and safety • Active and passive safety • Electronic braking systems • Foundation braking systems • Shock absorbers • Steering systems •
Interiors • Door modules • Heating, ventilation and air-cooling • Seating systems •
Exteriors and materials • Glazing systems • Roof systems •
Powertrain and transmission • 4WD and AWD • Engine technologies • Transmission and clutch • Turbochargers •
Electrics and electronics • Battery technologies • Electric motors • Lighting -
plus OEM and supplier company profiles and extended automotive news.
....

Evbox Group , Berglind Ran ,

EVBox & ON Power expand Iceland charging network


EVBox & ON Power expand Iceland charging network
EVBox Group is cooperating with Icelandic utility ON Power to build charging infrastructure in Iceland. The duo has already installed 136 public EVBox charging points at 28 locations in and around the capital Reykjavik. Another 84 charging points are to follow in the coming months.
According to the photos in an accompanying press release, the devices are AC chargers with two EVBox BusinessLine charging points each. The pictures show the ‘Double Socket’ version without attached charging cables.
EVBox and ON Power explain their charging infrastructure offensive around Reykjavik by pointing out that Iceland has the second most electric vehicles per capita. The Icelandic government already announced a climate strategy in 2018 to make the island state CO2-neutral by 2040. The strategy consists of a comprehensive package of measures, including a ban on new registrations of cars with combustion engines from 2030. ....

United States , Morten Rolighed Nielsen , Evbox Businessline , York Stock Exchange , Evbox Group , New York Stock Exchange , Double Socket , Ran Olafsdottir , North America , ஒன்றுபட்டது மாநிலங்களில் , யார்க் ஸ்டாக் பரிமாற்றம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , வடக்கு அமெரிக்கா ,