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. And with an enterprise value of $3.27

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 242

The Motley Fool

SEPTEMBER 8, 2023

Nikola (NASDAQ: NKLA) initially impressed the bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 3, 2020. At its peak, Nikola had an enterprise value of $28.7 But in reality, it didn't deliver a single BEV in 2021 and only delivered 131 BEVs in 2022. Image source: Nikola.

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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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Resale Mergers and Acquisitions Enterprise Values Amortization 246

The Motley Fool

JANUARY 9, 2024

Both electric vehicle (EV) makers went public by merging with special purpose acquisition companies (SPACs), attracted a stampede of bulls with their optimistic production forecasts, then drove them away by missing those estimates by a mile and racking up steep losses in a deteriorating macro environment. With an enterprise value of $6.7

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Returns Investors 246

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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Mergers and Acquisitions Enterprise Values Amortization Depreciation 263

The Motley Fool

DECEMBER 11, 2023

Nikola (NASDAQ: NKLA) attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 4, 2020. Prior to going public, Nikola said it could ship 600 BEVs in 2021; 1,200 BEVs in 2022; and 3,500 BEVs in 2023. The electric semi-truck maker's stock opened at $37.55

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Investing Returns 246

The Motley Fool

DECEMBER 29, 2023

IonQ (NYSE: IONQ) , a developer of quantum computing technologies, went public by merging with a special purpose acquisition company (SPAC) on Oct. But during its pre-merger presentation, it declared its revenue would hit $5 million in 2021, triple to $15 million in 2022, and then double to $34 million in 2023. million in 2022.

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Mergers and Acquisitions Investing Enterprise Values Returns 130

The Motley Fool

OCTOBER 31, 2024

Joby Aviation (NYSE: JOBY) , a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile.

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Mergers and Acquisitions Enterprise Values Debt Investors 246

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. With an enterprise value of $23.4 It also still had $1.5

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The Motley Fool

NOVEMBER 24, 2024

Uber subsequently spun off Serve Robotics as an independent company in 2021, but it continued using its delivery robots to fulfill orders in select areas across Los Angeles. Serve Robotics executed a reverse merger with the blank-check company Patricia Acquisition in 2023, which paved the way to its Nasdaq listing at $4 a share on April 18.

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Mergers and Acquisitions Enterprise Values Stakes Returns 241

The Motley Fool

NOVEMBER 27, 2023

The luxury electric sedan maker Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) in July 2021. Why did Lucid miss its pre-merger targets? With an enterprise value of $8 billion, Lucid might seem reasonably valued at 6 times next year's sales. four months later.

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Mergers and Acquisitions Enterprise Values Companies Funds 242

The Motley Fool

FEBRUARY 24, 2024

Devon Energy (NYSE: DVN) launched a pioneering capital return framework following its transformational merger with WPX Energy in early 2021. billion equity value in stock (0.10125 of its shares for each share of Enerplus) and the other 10% in cash ($1.84 Reuters also reported that Devon had discussed a merger with Marathon Oil.

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The Motley Fool

OCTOBER 4, 2024

It is replacing business consultancy Perficient in the lineup, as that company is being acquired by investment firm EQT Group in a deal with an enterprise value of roughly $3 billion. The stock began trading in late 2021 after a merger and is down 25% since then. The switch is scheduled to take effect today.

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Mergers and Acquisitions Conglomerates Enterprise Values Consulting 130

The Motley Fool

AUGUST 29, 2024

With an enterprise value of $5.1 The Houston-based company was founded in 2013, signed three major contracts with NASA, and went public by merging with a special purpose acquisition company ( SPAC ) in 2023. That lack of new contracts caused it to miss its pre-merger expectations by a mile. Image source: Getty Images.

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The Motley Fool

DECEMBER 14, 2024

Lucid (NASDAQ: LCID) , a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company ( SPAC ) on July 26, 2021. Lucid delivered its first Air sedans in late 2021, and it originally claimed it could deliver 20,000 vehicles in 2022 and 49,000 vehicles in 2023.

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The Motley Fool

MARCH 5, 2024

The company is going public through a special purpose acquisition company ( SPAC ) with SK Growth Opportunities Corporation. The chart below shows a brief pop in shares of SK Growth Opportunities Corporation after the news of its planned merger with Webull. Following the acquisition, Webull will have a projected $7.3

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Securities and Exchange Commission (SEC) Mergers and Acquisitions Enterprise Values Investors 130

The Motley Fool

OCTOBER 2, 2024

Intuitive Machines (NASDAQ: LUNR) , a developer of lunar landing and exploration vehicles, went public by merging with a special purpose acquisition company (SPAC) on Feb. At its peak, Intuitive Machines' enterprise value reached $1.48 times sales, its enterprise value would more than double from its current levels to $1.2

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Mergers and Acquisitions Enterprise Values Debt Returns 130

The Motley Fool

OCTOBER 4, 2024

All about cash flow Since completing its merger with Sprint in 2020, T-Mobile has produced massive free cash flow growth for shareholders. For example, management delivered more than $8 billion in merger synergies since integrating Sprint, above its $7.5 billion target provided in 2021. Image source: Getty Images.

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Mergers and Acquisitions Shareholders Enterprise Values Bidding 130

The Motley Fool

DECEMBER 10, 2023

The company expected the transformational merger to create significant shareholder value by turning it into a free cash flow machine. The company has made several scale-enhancing acquisitions to enhance margins and free cash flow. Finally, EQT recently closed its strategic acquisitions of Tug Hill and Xcl Midstream.

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Mergers and Acquisitions Enterprise Values Shareholders Assets 130

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.

Investors 130

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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

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

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.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

The Motley Fool

JUNE 16, 2024

Nikola (NASDAQ: NKLA) disappointed a lot of investors after it went public by merging with a special purpose acquisition company (SPAC) four years ago. That was well below the 3,500 BEVs and 2,000 FCEVs it originally claimed it could deliver in 2023 in its pre-merger presentation. That equals an average net loss of $8.5

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Accounting Returns 130

The Motley Fool

SEPTEMBER 22, 2023

Symbiotic (NASDAQ: SYM) went public by merging with a special purpose acquisition company (SPAC) on June 8, 2022. But during Symbiotic's pre-merger presentation, it claimed it could achieve a positive adjusted EBITDA margin of 12% by fiscal 2023 -- and that figure would rise to 25% in fiscal 2024. With an enterprise value of $2.1

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Amortization Depreciation 130

The Motley Fool

DECEMBER 11, 2023

But instead of following that trend and expanding into the wireless market, Lumen doubled down on the legacy wireline market through a series of mergers and acquisitions while expanding its portfolio of cloud, security, and collaboration services for enterprise customers. Metric 2020 2021 2022 2023 (Forecast) Total revenue $20.7

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Mergers and Acquisitions Debt Enterprise Values Leveraging 130

The Motley Fool

OCTOBER 23, 2024

Over the past three years, many space-oriented start-ups went public by merging with special purpose acquisition companies (SPACs). Unfortunately, many of those space stocks crashed and burned after they broadly missed their pre-merger forecasts and racked up steep losses. times this year's estimated sales.

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Companies 130

Private Equity Wire

JANUARY 9, 2025

Private investment giant Blackstone, in partnership with smaller investors, is acquiring a majority stake in Citrin Cooperman, a US accounting firm, in a deal that values the company at over $2bn, according to a report by the Financial Times. Private equity has driven a wave of mergers and acquisitions in the accounting sector.

Stakes 53

Stakes Accounting Mergers and Acquisitions Enterprise Values 53

Private Equity Professional

AUGUST 12, 2024

The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of privately held companies in the United States, increased by 1.9% Compared to the public markets, the S&P 500’s quarter-over-quarter enterprise value increase of 4.5% outpaced the LPMI. in the second half of 2023 to 11.1x

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

The Motley Fool

SEPTEMBER 25, 2024

Many companies went public via mergers with special purpose acquisition companies (SPACs) in 2020 and 2021. Meanwhile, the stock now carries an enterprise value of $4 billion. The company will probably take a few years to generate meaningful revenue.

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Mergers and Acquisitions Initial Public Offering Enterprise Values Private Companies 100

JMI Equity

AUGUST 6, 2024

Prior to joining JMI, Duane worked as an investment banker in the mergers & acquisitions group at Evercore. Jangro joined JMI in 2021 and is responsible for sourcing and evaluating investment opportunities. He is currently a director of Coursedog and Performio and works with JMI portfolio companies Agiloft and Ignition.

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Mergers and Acquisitions Enterprise Values Accounting Shareholders 40

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. FDJ acquires the entire capital of this company for an enterprise value of 350 million euros. The Regulator of the National Lottery and An Post declined to comment.

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Pension Funds Bidding Stakes Best Practices 52

The Motley Fool

JULY 28, 2023

Since 2021, the total amount distributed in dividends and interest on capital translated into a 27% yield to our shareholders. This shows Vale's solid track record in creating and sharing value. The implied pre-money equity value for Vale was $25.1 Since 2021, value generated 27% of dividend yield. Is it a merger?

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Finance Financing 130

Pension Pulse

MAY 7, 2024

Retail or Municipal Rates for Utility Customers: Following the close of the acquisition, Minnesota Power and SWL&P will continue to be regulated by the Minnesota Public Utilities Commission (MPUC), the Public Service Commission of Wisconsin (PSCW) and the Federal Energy Regulatory Commission (FERC). billion, including ALLETE’s net debt.

Mergers and Acquisitions 64

Mergers and Acquisitions Investing Capital Assets 64

Pension Pulse

SEPTEMBER 4, 2024

Scott Murdoch of Reuters aslo reports Blackstone to buy Australia's AirTrunk in US$16 billion deal: Blackstone will buy Australian data centre group AirTrunk for an implied enterprise value of over A$24 billion ($16.10 The acquisition is Blackstone’s biggest-ever investment in the Asia-Pacific region, outweighing its A$8.9

Investing 59

Investing Asset Management Stakes Assets 59

The Motley Fool

JANUARY 2, 2025

BigBear.ai (NYSE: BBAI) , a developer of AI-oriented analytics tools, went public three years go by merging with a special purpose acquisition company (SPAC). During its pre-merger presentation, BigBear.ai claimed it could grow its revenue from $182 million in 2021 to $388 million in 2023. But with an enterprise value of $1.35

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Amortization Depreciation 246

The Motley Fool

DECEMBER 28, 2024

The fintech company went public by merging with a special purpose acquisition company (SPAC) on June 1, 2021, and its stock opened at $21.97. Like many other SPAC-backed companies, SoFi disappointed its investors by missing its ambitious pre-merger forecasts. At $16, it has an enterprise value of $16.2

Mergers and Acquisitions 245

Mergers and Acquisitions Banks Enterprise Values Amortization 245

The Motley Fool

DECEMBER 21, 2024

It went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021, and the combined company's stock opened at $10.62. In its pre-merger presentation, Joby claimed its revenue would surge from $131 million in 2024 to $2.05 With an enterprise value of $5.8 But today, it trades at about $8.

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Mergers and Acquisitions Enterprise Values Companies Investing 246