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ftiv Announce Execution of Definitive Business CombinationPerella Weinberg Partners and FinTech IV Announce Execution of Definitive Business Combination Agreement
Transaction Includes Commitments for a $125 Million Common Stock Private Placement from Leading Institutional Investors Including Fidelity Management & Research Company LLC, Wellington Management and Strategic Investor Korea Investment & Securities
Perella Weinberg Partners’ Working Partners and Employees Will Own Approximately 50% of the Company Post-Closing
The transaction reflects an implied equity value for the Company of approximately $975 million.
Established, Diversified Franchise in the U.S. and Europe With approximately 560 employees.
Culture and Alignment Positioned to Drive Shareholder Value
The cash component of the consideration will be funded by FinTech IV’s $230 million cash in trust
At closing of the transaction, PWP expects to have a debt-free balance sheet with access to additional liquidity under an undrawn revolving credit facility.
The business combination is expected to close in the first half of 2021
finance.yahoo.com
PLTR Uptrend Don't miss this great opportunity to buy .PLTR brake that triangle and create new uptrend, because there is high demand area and we possible see broke out towards up.
You can also see my previous analysis on PLTR link is down.
If you agree then like and support me.
Mention your thought in comments :)
LOAC Announces Signing of Definitive Merger AgreementLongevity Acquisition Corporation Announces Signing of Definitive Merger Agreement
4D pharma's Live Biotherapeutic Products (LBPs) are orally delivered single strains of bacteria that are naturally found in the healthy human gut. The Company has six clinical programs
At the effective time of the merger, each of LOAC's ordinary shares issued and outstanding prior to the effective time of the merger will be automatically converted into the right to receive certain per share merger consideration, and each warrant to purchase LOAC's ordinary shares and right to receive LOAC's ordinary shares that is outstanding immediately prior to the effective time of the merger will be assumed by 4D pharma and automatically converted into a warrant to purchase ordinary shares of 4D pharma and a right to receive ordinary shares of 4D pharma, payable in 4D pharma ADSs, respectively.
www.prnewswire.com
Big Rock Partners Acquisition Corp Announces Merger with NeuroRxBig Rock Partners Acquisition Corp. Announces Merger with NeuroRx, Inc.
Combined Company to Have an Estimated Post-Transaction Equity Value in Excess Of $500 Million (Excluding Potential Earnout Payments), Assuming A Share Price Of At Least $10.00 Per Share
NeuroRx, Inc. is a clinical stage, small molecule pharmaceutical company which develops novel therapeutics for the treatment of COVID-19 (RLF-100 or "ZYESAMI™ (aviptadil)") and Bipolar Depression (NRX-100, 101)
The transaction is expected to occur in the first or second quarter of 2021.
Under the terms of the transaction, Big Rock will issue to NeuroRx's current equity holders an aggregate of 50 million shares of Big Rock common stock for their interests in NeuroRx
ubject to certain conditions, an aggregate of 25 million additional shares of Big Rock common stock will be issued to NeuroRx pre-merger equity holders if, prior to December 31, 2022, (1) RLF-100 receives emergency use authorization by the FDA and (2) the FDA accepts the Company's filing of its application to approve RLF-100.
In addition, subject to certain conditions, a $100 million cash earnout may be payable to NeuroRx pre-merger equity holders if, prior to December 31, 2022, either (1) FDA approval of the Company's COVID-19 Drug is obtained and the Company's COVID-19 Drug is listed in the FDA's "Orange Book" or (2) FDA approval of the Company's Antidepressant Drug Regimen is obtained and the Company's Antidepressant Drug Regimen is listed in the FDA's "Orange Book".
finance.yahoo.com
Cano Health to Become Publicly Traded via Merger with JWSCano Health, a Leading Value-Based Care Delivery Platform for Seniors, to Become Publicly Traded via Merger with Jaws Acquisition Corp.
- Transaction values Cano Health at an enterprise value of $4.4 billion and is expected to provide up to $1.49 billion in cash proceeds, including a fully committed PIPE of $800 million
- PIPE led by $50 million investment from Barry Sternlicht, Chairman of Jaws, as well as commitments from funds affiliated with Fidelity Management & Research Company, funds and accounts managed by BlackRock, Third Point and Maverick Capital
Cano Health provides value-based care for more than 103,000 members through its network of 564 primary care physicians across 14 markets in Florida, Texas, Nevada and Puerto Rico.
The Company is expected to receive up to $935 million in transaction proceeds to pay down debt and provide growth capital, and a substantial majority of up to $465 million of proceeds is expected to be allocated to Cano Health's financial sponsor.
The transaction is expected to close at the end of the first quarter or the beginning of the second quarter of 2021.
finance.yahoo.com
Air T, Inc. Announces Intent to Form New Aircraft Equity VehicleAir T, Inc. Announces Intent to Form New Aircraft Equity Vehicle
AIRT) announced today that it has entered into letters of intent with three separate, large investment and asset management firms (the "Investors") to form a new aircraft asset management business to be called Contrail Aircraft Management ("CAM"), and a new aircraft capital joint venture to be called Contrail Fund II ("CFII").
The parties presently expect the new business and joint venture to be formed and capitalized by the end of January 2021.
The new business and joint venture are being formed to purchase and sell aircraft and engines to be relet or disassembled and sold for parts. The parties anticipate that CFII will be capitalized initially with approximately $108,000,000 in equity capital and that it will establish a portfolio of aircraft assets, focusing on whole aircraft and engine acquisitions, sale-leaseback transactions and end of life part-out solutions. The capital contributed by the Investors -- presently anticipated to be approximately $100,000,000 -- will be contributed into CFII.
The Upsize Commitment is anticipated to exceed $250,000,000. Contrail intends to contribute approximately $8,000,000 of the initial capital committed to the fund as well, which is anticipated to lead to returns alongside the other investors.
finance.yahoo.com
Full Portfolio Guidance for the next 5 YearsWe got two directions over here. So my opinion is to see if it's going to come back down to 22.500 as I drew on the Chart. And long from there.
Right now, LONGING from the Resistance is suicide. It's not just in this case but anytime if you longing for the resistance you are just gambling. Sometimes you win, but most of the time you going to lose.
The best strategy you can follow is to Long the Support down at 22.5-22.9 Levels.
I don't think that BTC will go below 22.5 before going up to the 25-32K range.
After we reach 30K ish, there is going to be a big correction that we always needed since 13.000$. As you know Bitcoin has never made a correction since 13.000 and it constantly moved up. This shows us that after 30K if people decide to make a big Profit Taking Plan, we going to see a 16.700-19.000 Range.
But that won't last long, since Cryptocurrency is a New Age, and people are starting to understand that slowly and slowly. Many companies have invested huge amounts like 50K BTC and so on.
Digitalism and the Great Reset is on the way. That's what the Globalist Agenda wants.
This hasn't been a coincidence, it was planned perfectly since 1988. Go and have a look at the 1988 ECONOMIST Cover. You going to see that Dollars are under Eagle's feet and burning. This shows us that the Currencies going to be destroyed, or devalued.
What does that mean?
This means that the Digital Age is knocking on the door.
Italy has already made a progress with its Central Bank about Digital Euro and so on.. And China as you know, they don't use paper money most of the time.
So how can you become rich from this change? I'll guide you.
Focus on:
1) Property, Real Estate.
2) Cryptocurrency.
3)Metals (Gold, Silver)
4) Stocks
Lets say you have 1.000.000$ . Split it like this:
Get one property, let's give as an example and say 400.000 dollars. So we have 600k left.
200K ------->>>> to Cryptocurrency ( Bitcoin, ETH, AAVE, XTZ, Dot, REN, KSM , XMR ,UNISWAP, TOMO, RUNE, BAND ,FET ,WAVES , LINK , UBT, KAI, UTK )
Split 500$ to 3K ranged money to all of those AltCoins, get big in ETH, and get big in BTC.
Targets for the Coins I counted above are MINIMUM : BTC 75k ETH 5k REN $3 LINK $50 TOMO $4 UBT $5 FET $1 KAI $2 AAVE $300 XMR $300 BAND $20 RUNE $5 UTK $3
By 2022
Now we have 400.000$ left.
If you have recognized, Turkey is getting enormous power in a sneaky way that no one can see openly. QATAR has become a partner with the Turkish Stock Exchange %10, and they will be investing billions and billions of dollars.
So I would suggest; you buy these stocks 30K each;
GSARAY -> Target is 10-14 TRY (30.000 USD to this)
TDGYO -> Target is 30-40 TRY(30.000 USD to this)
BJK -> Target is 7 TRY(30.000 USD to this)
Now how much we have left ? 400.000$ - 90.000$ = 310.000$
Keep that 100K for the Correction, in the case and add on every dip small... (Cryptocurrency)
Get GOLD and SILVER with the rest of the money.
GOLD Ounce Target is a minimum 7.000$; It will be a shock to the whole world, but this is what's going to happen. Governments have been printing money in huge amounts, it's that big that there's no turning back from there. %130 in DEBT.
Kind Regards,
Twennywann
Eos Energy Secures Contract valued at $2 millionEos Energy Secures Contract to provide Safe, Sustainable Storage to California Hospital
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), today announced it has a firm order from Charge Bliss, Inc. (“CBI”), a renewable energy microgrid developer/builder, to provide a critical care hospital with 2 MW of energy storage using its Znyth® battery. The deal is valued at $2 million.
“We are proud to collaborate with Charge Bliss to provide safe and reliable storage for a hospital micro grid application,”
Eos will provide this groundbreaking project with up to 2 MW of continuous power delivery upon installation, which is scheduled to take place in the second quarter of 2021.
“Our microgrid systems are engineered to supply clean energy while reducing peak demand,”
finance.yahoo.com
Expected net revenue increasedFourth quarter 2020 net revenue is expected to be approximately $3.5 million, increased from the prior expectation of approximately $2.5 million
Received communication from the FDA explaining the reallocation of agency resources to address Emergency Use Authorization (EUA) applications for products related to the COVID-19 public health emergency is affecting marketing application reviews, including the Eversense 180-day product, which will be delayed by at least 60 days. This is consistent with what Senseonics understands other medical technology companies have reported.
Inclusion of Eversense Category III CPT codes in the Centers for Medicare & Medicaid Services (CMS) 2021 Physician Fee Schedule (PFS), establishing global payment for the device cost and procedure fees for healthcare providers across the United States
Full year 2021 net revenue is expected to be between $12 and $15 million, based on installed base, acceleration of Ascensia’s commercial activities and other factors
Reached agreement with Roche to facilitate transition of distribution to Ascensia, as Roche sales conclude January 31, 2021, including final purchases, transition support activities, and resolution of other matters
Highbridge second lien loan extinguished through completed conversion of their second lien debt to common stock, simplifying capital structure
"Strong fourth quarter performance was driven by sales in Europe and supported by Ascensia’s initial US sales."
We remain confident that the PROMISE study demonstrates that the excellent performance of the current Eversense system is extended for up to 180 days, and that there still is potential for a decision from the agency by the end of the end of the second quarter
finance.yahoo.com
ION Acquisition Soars on Taboola SPAC Merger RumorsION Acquisition Soars on Taboola SPAC Merger Rumors
IACA stock’s October initial public offering raised $225 million for the special purpose acquisition company (SPAC) focusing on the Middle East region. Its stated goal was a merger with a private company valued at more than $1 billion. That IPO was upsized by more than 10% to 22.5 million units ahead of the floatation. Both ION and Taboola are based in Israel.
Daily Haaretz reported on Monday that Taboola was mulling either a SPAC merger or its own IPO. Its sister publication, business daily TheMarker, on Tuesday reported the ION-Taboola negotiations.
investorplace.com
Ouster to Combine With Colonnade Acquisition CorpOuster, a Leading Provider of High-Performance Digital Lidar Sensors, to Combine With Colonnade Acquisition Corp. to Accelerate Digital Lidar Adoption in Industrial, Smart Infrastructure, Robotics, and Automotive Markets.
Transaction expected to provide up to $300 million in gross proceeds, comprised of Colonnade Acquisition Corp.’s $200 million of cash held in trust (assuming no redemptions) and a $100 million fully committed common stock PIPE at $10.00 per share, including from Ouster’s existing investors, Cox Enterprises, Fontinalis Partners, and WWJr Enterprises.
Pro forma implied enterprise value of ~$1.6 billion and fully diluted pro forma equity value of ~$1.9 billion
Ouster shareholders will roll 100% of their equity holdings into the combined company
The boards of directors of both Ouster and Colonnade have unanimously approved the proposed business combination, which is expected to be completed in the first half of 2021, subject to, among other things, the approval by Colonnade's shareholders and Ouster’s shareholders, satisfaction of the minimum cash condition, which is equal to the $100 million committed common stock PIPE investment at $10.00 per share obtained in connection with the entry into the Merger Agreement, and certain other customary closing conditions stated in the Merger Agreement.
www.businesswire.com
Potential Reversal?We were stopped out of our previous ZTO trade but we might have another opportunity here. It looks like the stock might reverse back into the previous range. You can see net volume beginning to trend higher as well. As long as the 26 area holds and china stocks stay strong broadly zto might be a good risk reward setup
Ameren Signs Long-Term 900 MHz Spectrum LeasesAmeren Signs Long-Term 900 MHz Spectrum Leases for Illinois & Missouri Service Territories
Anterix (NASDAQ: ATEX) today announced its first long-term 900 MHz broadband spectrum lease agreements, covering Ameren Corporation's ("Ameren") service territories for 30 years. These agreements enable Ameren's deployment of a private LTE network to support its digital transformation to deliver benefits for millions of Ameren customers in Illinois and Missouri.
finance.yahoo.com
Acasti Pharma $ACST - investment idea 💡 This idea is based on my technical analysis only.
Do your research and trade on your own risk!
NXTD skyrockets as Bitcoin broke the $20,000 markThe company hasn’t issued any news or press releases this morning, but the stock is up in double-digit percentages.
The run seems to be the result of the fact that Bitcoin broke the $20,000 mark.
NXTD is heavily focused on mobile security, and cryptocurrencies, which run on the blockchain, are focused on the security of financial transactions, and other contracts, in simple terms anyway.
Moreover, NXTD isn’t only active in mobile security, it’s an active player in the cryptocurrency industry, helping to make cryptocurrency more feasible with its subsidiary, FitPay.
FitPay creates contactless payment devices for Bitcoin owners. When used, these devices convert bitcoin into fiat currency, making it possible for Bitcoin owners to use their cryptocurrency in stores.
With Bitcoin breaking the $20,000 mark, demand for the cryptocurrency is at an all-time high. Moreover, cryptocurrency enthusiasts are looking for ways to bring this technology into the wider world of finance and commerce.
NXTD offers a way to do that with FitPay. So, it’s no surprise that the stock is up today.
cnafinance.com
FireEye Rally on SolarWinds HackFireEye, CrowdStrike and Other Security Stocks Rally on SolarWinds Hack
Security-software stocks were flying high Friday, as investors anticipated a pickup in spending in response to widespread damage
FireEye, U.S. Agencies Affected By Cyber Attack On Solar Winds Software
The security-software firm said a “global intrusion campaign” is making use of a tainted update to SolarWinds IT-management software.
Continue reading from the cyberattacks on SolarWinds believed to have been orchestrated by Russia.
SolarWinds (ticker: SWI) has said that close to 18,000 customers were left vulnerable in the incident that has affected a range of U.S. government agencies as well as commercial clients.
That means cybersecurity spending could be “poised to accelerate” on intrusion and containment fears
The incident was first identified last week by FireEye (FEYE), a victim of the attack. While FireEye shares initially tumbled on the news as investors worried that the hack could severely impact its business, the stock has since reversed course and rallied almost 32% on Friday. Other security software stocks are also trading higher, with substantial gains for CyberArk (CYBR), Fortinet (FTNT), Mimecast (MIME), Palo Alto Networks (PANW), Proofpoint (PFPT), Qualys (QLYS), Rapid7 (RPD), Tenable (TENB), Varonis Systems (VRNS) and Zscaler (ZS).
www.barrons.com
Katapult to Become a Publicly Traded Company Through MergerKatapult to Become a Publicly Traded Company Through Merger With FinServ Acquisition Corp.
Leading e-commerce focused point-of-sale platform for nonprime consumers
Transaction values Katapult at a pro forma enterprise value of approximately $1 billion and equity value of $962 million, representing EV/EBITDA multiples of 14.1x and 6.6x projected EBITDA for 2021 and 2022, respectively. Total consideration paid to Katapult’s existing shareholders will be $833 million.
Cash proceeds of the transaction will fund up to $325 million of cash consideration to Katapult’s existing shareholders and $50 million of cash to Katapult’s balance sheet. The cash components of the transaction will be funded by FinServ’s cash in trust of $250 million
Transaction includes a $150 million fully committed PIPE at $10 per share from investors led by Tiger Global Management & Neuberger Berman Funds
Attractive, profitable financial profile with approximately $250 million of projected revenue (+172% y/y) for 2020
Proven and experienced management team, who will continue leading the combined company
The transaction is expected to close during the first half of 2021
www.businesswire.com
A stock perfect for scalpers.ZKIN is one of those very volatile stocks that are pretty easy to scalp as a break of certain levels (such as currently $2.40, $2.60..) usually leads to a volume spike, both to the upside or downside.
And these breaks happens currently often as..
..as the price of ZKIN has recently broke the weekly resistance located at $2.00 per share, which was a barrier for almost 2 years! So now the price should be in the opposite of a free fall.
I am not primarily focused on stocks, but this company also utilizes blockchain, which I found attractive and futuristic.
Here is my setup idea to buy the uptrend.
Buy at $2.20
Sell at $2.60 - 18% profit
Stop loss at $2.10 - 4,5% loss
Risk reward - 4:1
As the dips continue to attract buyers I look to buy the dip. On this price point of $2.20 are many technical support keys such as:
1.) 4-hour uptrend line
2.) 50 EMA
3.) Support level at $2.20
Thanks for your time and good luck with this idea! Let me know what you think.
Tibor