The Motley Fool

SEPTEMBER 4, 2024

after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 during the apex of the growth-stock rally in February 2021. Metric 2020 2021 2022 2023 Revenue $2.6 Based on 498% growth rate reported in 2021. billion $8.0 billion $15.6 billion $6.9

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The Motley Fool

JULY 17, 2024

In 2021, the company acquired the Bitcoin miner ATL Data Centers, upgraded operations with its own microgrids, and continued to expand by buying and transforming more Bitcoin mining facilities. From fiscal 2021 to fiscal 2023 (which ended last September), CleanSpark's revenue increased at a compound annual growth rate (CAGR) of 85%.

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The Motley Fool

DECEMBER 12, 2023

QuantumScape (NYSE: QS) and ChargePoint Holdings (NYSE: CHPT) were both red-hot stocks during the buying frenzy in electric vehicle (EV) stocks in late 2020 and early 2021. QuantumScape, a developer of solid-state batteries, merged with a special purpose acquisition company (SPAC) in November 2020. Its shares opened at $24.80

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The Motley Fool

SEPTEMBER 20, 2024

Like many other electric vehicle start-ups, Nikola went public by merging with a special purpose acquisition company ( SPAC ) and set some overly ambitious long-term goals. In its pre-merger presentation in 2020, it claimed it could ship 600 battery-powered electric trucks (BEVs) in 2021, ship 1,200 BEVs in 2022, and ship 3,500 BEVs in 2023.

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The Motley Fool

JANUARY 29, 2024

That said, it's still down 95% from its high set in 2021. However, profitability tanked for Cardlytics following a trio of acquisitions in 2021 and early 2022. The market is reacting to news regarding one of these acquisitions today: Bridg. Cardlytics acquired Bridg for $350 million in May 2021. As of 9:50 a.m.

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The Motley Fool

SEPTEMBER 6, 2023

But since its market debut via a merger with a special purpose acquisition company ( SPAC ), Opendoor's stock has lost nearly 90% of its value. Its total number of houses purchased skyrocketed 498% to 36,908 units in 2021. in 2021 to negative 1.1% billion in 2021. billion in 2021.

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The Motley Fool

NOVEMBER 1, 2024

SoFi Technologies (NASDAQ: SOFI) , a provider of online financial services, went public by merging with a special purpose acquisition company ( SPAC ) on June 1, 2021. Like many other SPAC-backed start-ups, SoFi lost its luster after it missed its own ambitious pre-merger forecasts. The combined company's stock opened at $21.97

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The Motley Fool

OCTOBER 6, 2024

Unlike AT&T and Verizon , which expanded their wireless networks to reduce their dependence on wireline connections, Lumen shunned the wireless market and expanded its wireline business through a series of mergers and acquisitions. Lumen expected to generate slow but steady growth as economies of scale kicked in.

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The Motley Fool

DECEMBER 11, 2023

The maker of solid-state batteries went public by merging with a special purpose acquisition company (SPAC) on Nov. In its pre-merger presentation, QuantumScape predicted it would start commercializing its products in 2024 and grow its revenue at a whopping compound annual growth rate of 363% from $14 million in 2024 to $6.44

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The Motley Fool

NOVEMBER 30, 2023

Opendoor (NASDAQ: OPEN) seemed like a promising growth stock when it went public by merging with a special purpose acquisition company (SPAC) in Dec. Its growth accelerated in 2021 as the housing market recovered but slowed again in 2022 and 2023 as inflation and rising interest rates drove away potential buyers and sellers.

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The Motley Fool

FEBRUARY 23, 2024

Discovery still needs help Ever since the company was formed by the merger of AT&T 's WarnerMedia and Discovery Communications in 2021, the company has underperformed as it's struggled with a bloated debt burden, questionable management decisions, and a lack of any growth strategy. billion, helped by its acquisition of BluTV.

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The Motley Fool

OCTOBER 28, 2024

Could one of those stocks be BigBear.ai (NYSE: BBAI) , the enterprise AI software company that went public by merging with a special purpose acquisition company ( SPAC ) in 2021? set some unrealistic growth targets during its pre-merger presentation and missed those estimates by a mile. What does BigBear.ai For 2024, BigBear.ai

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The Motley Fool

MAY 20, 2024

SoundHound went public by merging with a special purpose acquisition company ( SPAC ) two years ago. In a pre-merger presentation, SoundHound claimed it could grow its revenue at a compound annual growth rate (CAGR) of 104% from $13 million in 2020 to $110 million in 2023 as it expanded its gross margin from 55% to 77%.

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The Motley Fool

AUGUST 6, 2023

The logistics services provider has come a long way since it was spun off from XPO in 2021. The logic behind the spinoff was that it would unlock shareholder value and allow each company to more easily pursue mergers and acquisitions (M&A), allocate capital, and compensate employees as a pure play focused on one industry.

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The Motley Fool

MAY 8, 2024

Private equity giant Bain Capital is said to be considering an acquisition of education software provider PowerSchool Holdings (NYSE: PWSC). The company was spun out of Pearson to Vista Equity Partners in 2015, going public in 2021. Is PowerSchool a buy on the merger reports? Is PowerSchool going private again?

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The Motley Fool

SEPTEMBER 18, 2023

SoundHound AI (NASDAQ: SOUN) went public by merging with a special-purpose acquisition company (SPAC) on April 28, 2022. During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. million in Q2 2021.

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The Motley Fool

MARCH 21, 2024

SoFi stock: Down 26% this year and 73% from its high Jennifer Saibil : SoFi has been demonstrating fantastic growth since it went public in 2021 through a merger with a special purpose acquisition company (SPAC). in earnings per share (EPS).

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Mergers and Acquisitions Earnings Before Interest Amortization Depreciation 246

The Motley Fool

MAY 22, 2024

The enterprise AI software company went public by merging with a special purpose acquisition company ( SPAC ), and its stock opened at $9.84 In a pre-merger presentation, BigBear.ai BigBear.ai (NYSE: BBAI) has disappointed a lot of investors since its public debut on Dec. on its first day as a combined company.

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Mergers and Acquisitions Earnings Before Interest Amortization Depreciation 246

The Motley Fool

FEBRUARY 5, 2024

Bowlero only just went public in December 2021 via a merger with a special purpose acquisition company (SPAC). Same-store sales were roughly flat, meaning that its higher revenue came from adding three new locations during the quarter. Since going public, its share count is down by 20% through share repurchases.

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The Motley Fool

OCTOBER 11, 2023

The company, which went public as part of a special purpose acquisition company ( SPAC ) merger in 2021, has seen investment from Anthem, now called Elevance. On Tuesday, Sharecare reported a Securities and Exchange Commission (SEC) filing from Oct. per share in cash. million and $460 million, compared to $442.42

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The Motley Fool

DECEMBER 22, 2023

SoFi stock: Down 61% from its high Jennifer Saibil : I was wary of the hype surrounding SoFi Technologies (NASDAQ: SOFI) when it went public through a merger with a special purpose acquisition company ( SPAC ) in June of 2021. It was untested, with an astronomical valuation and no profits.

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Mergers and Acquisitions Earnings Before Interest Amortization Depreciation 246

The Motley Fool

DECEMBER 8, 2023

Nerdy (NYSE: NRDY) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) in September 2021. Its revenue grew 35% in 2021 as the pandemic's worst point passed, but rose a mere 16% in 2022 as it transitioned from a la carte classes to an unlimited subscription-based model.

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The Motley Fool

SEPTEMBER 11, 2024

Shares of Teladoc soared from roughly $80 at the beginning of 2020 to as high as $294 in 2021. It began trading on the New York Stock Exchange in 2021 after going public via a reverse merger with a special purpose acquisition company ( SPAC ).

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The Motley Fool

SEPTEMBER 10, 2024

The company went public by merging with a special purpose acquisition company ( SPAC ) in February 2021. It actually exceeded its pre-merger estimates by growing revenue by 65% in fiscal 2022 and 94% in fiscal 2023. It's already built more than 1 million charging points across North America and Europe. million to negative $130.2

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The Motley Fool

SEPTEMBER 19, 2023

SoundHound AI (NASDAQ: SOUN) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) in April 2022. Yet it had previously told investors it could generate $98 million in revenue in 2023 during its pre-merger presentation.

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The Motley Fool

APRIL 21, 2024

Nikola (NASDAQ: NKLA) , a maker of electric semi-trucks, went public by merging with a special purpose acquisition company (SPAC) in June 2020. In its pre-merger presentation, it told investors it could deliver 600 BEVs in 2021, 1,200 BEVs in 2022, and 3,500 BEVs in 2023. Its shares opened at $37.55 a week later.

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The Motley Fool

JANUARY 17, 2024

Lumen faces an existential crisis Unlike AT&T and Verizon Communications , which downsized their wireline businesses to expand their wireless businesses, Lumen doubled down on its wireline business through a series of mergers and acquisitions instead of entering the wireless market. billion in 2023.

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The Motley Fool

JANUARY 7, 2024

While the stock is still more than 50% below its 2021 all-time highs, 2023 was a year for the DraftKings bulls, with the stock soaring over 209% and becoming one of the best stocks in the market last year. in 2021 to 7.7% The question now is: What accounts for DraftKings' improvement, and is the stock still a buy? million) to ($302.1

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The Motley Fool

SEPTEMBER 22, 2023

Symbiotic (NASDAQ: SYM) went public by merging with a special purpose acquisition company (SPAC) on June 8, 2022. Over the past year, it's consistently grown revenue at double-digit and triple-digit rates, while narrowing its losses on an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) basis.

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The Motley Fool

AUGUST 13, 2023

Understanding Magnite's growth strategies Magnite was created via the merger of two smaller ad tech companies, The Rubicon Project and Telaria, in 2020. All of those mergers and acquisitions turned Magnite into the world's largest independent sell-side platform (SSP) for digital ads.

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The Motley Fool

MARCH 11, 2024

BigBear went public by merging with a special purpose acquisition company ( SPAC ) in Dec. 2021, and its stock started trading at $9.84 That was well below its pre-merger target of $388 million for the year. C3 listed its IPO at $42 in Dec. 2020, and its stock skyrocketed to a record high of $177.47 that same month. last April.

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Pension Pulse

JULY 27, 2023

Delight at acquisition Announcing the deal to the French market, FDJ’s chairman Stephane Pallez said he was “delighted” with the acquisition. billion for Good Causes, with 2021 and 2022 being the most successful years in that regard. Its operations also include lotteries in the Czech Republic, Greece, Italy, Cyprus and Austria.

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The Motley Fool

MARCH 7, 2024

And with more than 20 years of finance and leadership expertise, Heena brings a breadth of experience across different facets of global finance, accounting, and mergers and acquisitions. EPS was weighed down by noncash depreciation expenses from infrastructure investments. Full year adjusted EBITDA was 33.4 million or 5.2%

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The Motley Fool

FEBRUARY 3, 2024

Microsoft is starting to separate itself because it's tied to so many things and we saw what it is now trying to do in the gaming business with its Activision Blizzard acquisition of almost $70 billion. So I think the acquisition is exciting. With really no corporate acquisitions, they do it all internal house.

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The Motley Fool

AUGUST 3, 2023

Canadian cannabis company Tilray Brands (NASDAQ: TLRY) has been on the right track ever since it merged with rival Aphria in 2021. It takes time for a big merger to reveal its full potential. Tilray is gradually becoming the bigger and better company that the merger aimed to create. Image source: Getty Images.

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The Motley Fool

JULY 27, 2023

Beginning in 2021, REM mapping functionality was added to the [Inaudible] platform, leading to a relatively low cost way to provide class-leading lane-centering capability, among many other functions, and providing an early opportunity for the OEM to generate recurring subscription revenue. Our work with Volkswagen Group is a good example.

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The Motley Fool

MAY 3, 2024

Most recently, we further expanded our offerings with the acquisition of Card Isle, which enhances our print-on-demand personalized greeting card offerings and enables us to address a wider range of our customers' expressive needs. Anyway, I'm looking at the balance sheet here, and I have to ask, what's the acquisition front look like?

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Mergers and Acquisitions Securities and Exchange Commission (SEC) Leveraging Capital 130