Terran Orbital Corporation (LLAP)

[ChaseInvestor]

Leading Independent Proxy Advisory Firms Glass Lewis and ISS Recommend Terran Orbital Stockholders Vote “FOR” Proposed Merger. "If the transaction is not approved, the Company will be left with insufficient liquidity…and will be forced to seek insolvency proceedings, which scenario is likely to provide existing shareholders with no value for their holdings.”

Press Release

[ShadowWatcher98]

THE LOCKHEED MARTIN DEAL WILL "NOT" 🚫 CLOSE...

[ShadowWatcher98]

RIVADA "HAD" A DEAL WITH TERRAN FOR TERRAN TO BUILD ( 300 ) SATELLITES 🛰️ FOR THE "MEGA-CONSTELLATION"... RIVADA "ALSO" "HAS" A DEAL WITH "SPACE X" TO PROVIDE THOSE "SAME" SATELLITES 🛰️ FOR A LAUNCH COMING "VERY SOON" ( APRIL 2025 )... ELON MUSK WANTS HIS "SATELLITES" 🛰️, AND IF RIVADA WONT PROVIDE THEM, "ELON MUSK WILL GET THOSE SATELLITES 🛰️ HIMSELF BY BUYING TERRAN"

[ShadowWatcher98]

This thing is like a cork holding IN the Champagne 🍾... As soon as the Lockheed Martin deal gets rejected, because they accepted another "Deal Over A Dollar", "Leap Frog" 🐸

[ShadowWatcher98]

https://www.nasdaq.com/articles/terran-orbitals-llap-tyvak-successfully-launch-iperdrone-satellite

[ShadowWatcher98]

THEY KNOW SOMETHING... THIS JUST CAME OUT ON THURSDAY ( AUGUST 15, 2024 )
"Vanguard Group Inc. boosted its stake in Terran Orbital Co. (NYSE:LLAP - Free Report) by 63.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,298,862 shares of the company's stock after acquiring an additional 2,837,638 shares" https://www.marketbeat.com/instant-alerts/nyse-llap-sec-filing-2024-08-15/

[BardWatcher88]

ELON is involved, that's ALL I need to know... ( 450 ) Million is "Chump Change" for him... THERE is no way the Lockheed Martin deal goes through... Tyvak International launched IPERDRONE.0 Aboard ( Space X'S ) Transporter 11 Mission on ( August 16, 2024 ) from Vandenberg Space Force Base

[Penny chatter]

Not so fast

The transaction is expected to close in fourth quarter of 2024 and is subject to the satisfaction of customary closing conditions, including regulatory and Terran Orbital stockholder approvals. Upon closing, Terran Orbital will remain a commercial merchant supplier to industry.  

[Penny chatter]

Missing the share holder approval part

[ShadowWatcher98]

TERRAN ORBITAL WILL BE A PRIVATE COMPANY AFTER THE ACQUISITION BY LOCKHEED MARTIN AT ( $0.25 ) A SHARE... DOWNGRADED BY HC WAINWRIGHT TO ( $0.25 )

[glenn1919]

LLAP.................................https://stockcharts.com/h-sc/ui?s=LLAP&p=W&b=5&g=0&id=p86431144783

[Viewmont]

$LLAP Terran Orbital’s Tyvak Awarded $254 million Prototype Agreement for Tranche 2 Transport Layer (T2TL) Gamma for Space Development Agency

[WebSlinger]

<< This has to be approved via vote by shareholders >>

Regular / retail shareholders rarely vote.

[Stockminder]

This has to be approved via vote by shareholders, but it looks like institutions own 37.94% and insiders own 26.03%

https://finance.yahoo.com/quote/LLAP/holders/

[Biggiee]

$LLAP holy shit low ball offer accepted and so many retail peeps burned deep! Damn!

[WebSlinger]

<< $0.25 in cash per outstanding common share >>

That sucks for shareholders!

From $10 to $0.25 in 3 years!

[willlbone]

SLLAP dance.

[Viewmont]

$LLAP Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire Terran Orbital [NYSE: LLAP],https://t.co/puKhf1CDVShttps://t.co/J5HBtDvNjG

— Viewmont (@viewmont12) August 15, 2024

[Stockminder]

Lockheed Martin to Acquire Terran Orbital for $450 Million
9:08 AM ET 8/15/24 | MT Newswires
Lockheed Martin to Acquire Terran Orbital for $450 Million
09:08 AM EDT, 08/15/2024 (MT Newswires) -- Lockheed Martin (LMT) said Thursday it has agreed to acquire Terran Orbital (LLAP) for an enterprise value of about $450 million.

Under the terms of the deal, Lockheed Martin will buy Terran Orbital for $0.25 in cash per outstanding common share and retire the latter's existing debt.

The transaction is expected to be completed in Q4, subject to customary closing requirements, including Terran's shareholders' approval, Lockheed added.

Upon deal closing, Terran Orbital will remain a commercial merchant supplier to the industry, the defense technology firm said.

Lockheed's stock was slightly down in recent Thursday premarket activity, while Terran Orbital's fell over 34%.

Price: 561.50, Change: -1.72, Percent Change: -0.31

[Monksdream]

LLAP new 52 week low

[hwang_jini]

https://podcasts.apple.com/us/podcast/value-hive-podcast/id1492171651?i=1000664811409

[Ryguy008]

Another offering is on the way if you listened to the last earnings call they have barely enough cash to get through the quarter.

$LLAP

[jonner]

I believe that they have contacts with both Space Force and Lockheed Martin. This will be a gem

[Ryguy008]

Any takeaways from earnings? Rivada time table really tightening up... its gotta go one way or the other soon.

$LLAP

[glenn1919]

LLAP......................................................................https://stockcharts.com/h-sc/ui?s=SGRP&p=W&b=5&g=0&id=p86431144783

[glenn1919]

LLAP.........................................https://stockcharts.com/h-sc/ui?s=LLAP&p=W&b=5&g=0&id=p86431144783

[Ryguy008]

I rarely check this anymore only reason I responded because it was in my inbox notification

$LLAP

[Monksdream]

I’ve posted the date 100 times
You’re the first to comment

[Ryguy008]

5/28? Thanks for that date. Nice to finally see T +1

[Monksdream]

LLAP 10Q due 4/1 per Seeking Alpha
Next day settlement begins 5/28 per SEC mandate

[Ryguy008]

Quite the news flow here lately

$LLAP

[Stockminder]

Lockheed Martin looks to acquire spacecraft maker Terran Orbital for nearly $600 million
By Michael Sheetz,CNBC • Published March 1, 2024 • Updated on March 1, 2024 at 6:03 pm

Lockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing.
The cash offer values Terran at just below $600 million.
Terran went public via a SPAC in early 2022 at a $1.8 billion valuation.
Lockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing on Friday.

The nonbinding proposal would see Lockheed acquire Terran Orbital's outstanding common stock at $1 a share in cash, as well as pay $70 million for Terran's outstanding warrants and assume the company's $313 million in outstanding debt.

Together, the offer values Terran Orbital at just below $600 million. Terran Orbital stock closed at $1.07 a share on Friday.

Terran Orbital did not immediately respond to CNBC's request for comment.

https://www.nbcnewyork.com/news/business/money-report/lockheed-martin-looks-to-acquire-spacecraft-maker-terran-orbital-for-nearly-600-million/5186666/

[zj3001]

Lockheed submitted offer to buy LLAP

[WeTheMarket]

Form SC 13G - Statement of acquisition of beneficial ownership by individuals
February 07 2024
https://ih.advfn.com/stock-market/NYSE/terran-orbital-LLAP/stock-news/93229820/form-sc-13g-statement-of-acquisition-of-benefici

[WeTheMarket]

Terran Orbital Announces Agreement with Shareholder Group
February 05 2024
https://www.businesswire.com/news/home/20240205365902/en/

Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced that it has entered into an agreement with the investor group comprised of Sophis Investments LLC, Sophis GP LLC, Tassos Recachinas, Roark’s Drift, LLC, Joseph Roos, Jordi Puig-Suari, Roland Coelho, and Austin Williams (collectively, the “Investor Group”).

Marc Bell, the Company’s Co-Founder, Chairman, and CEO, said, “Company management and the Board of Directors (the ‘Board’) take shareholder feedback seriously. We have had a very constructive dialogue with the Investor Group and appreciate their input toward achieving our shared goal of driving shareholder value. We are pleased to have come to an agreement and look forward to furthering our constructive relationship with the Investor Group.”

Tassos Recachinas, President and Chief Investment Officer of Sophis Investments, stated, “We are pleased that we have aligned with Terran Orbital’s management team and Board and appreciate the Company’s commitment to driving value enhancing initiatives in the best interest of all stockholders. We also appreciate the constructive relationship we have developed with the Company and look forward to working with the Board, including filling the currently vacant Board seat, as the Company moves forward on its strategic initiatives.”

Austin Williams, a member of the Investor Group, said, “I am very pleased to see the direction the company is going in and look forward to its continued success. Terran Orbital’s satellite platforms are actively performing missions across commercial, civil, and military domains, while operating in LEO, GEO, and around the Moon. I believe the company is well positioned to scale its manufacturing of flight proven technology to meet the needs of its growing and diverse customer base.”

Joseph Roos, a Terran Orbital investor and member of the Investor Group, added, “I am confident in the direction of the Company, which includes diversifying its pipeline, improving financial controls, exploring value enhancing measures, and working towards profitable growth.”

Under the terms of the Agreement, the Company’s Board, in consultation with the Investor Group, has agreed to identify and appoint an independent director to fill its vacant seat caused by the passing of Anthony Previte, reflecting the Company’s continual efforts to enhance stockholder value and corporate governance practices. The Company remains committed to exploring a number of value creating initiatives as part of its ongoing strategic review process, including those related to the Company’s operations, financial performance (including potential opportunities for cost reduction), and corporate governance, among others.

In connection with the Agreement, the parties have also agreed to customary standstill voting, and other commitments.

About Terran Orbital

Terran Orbital is a leading manufacturer of satellite products primarily serving the aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240205365902/en/

Public Relations
Juliana Johnson
[e-mail]
949-508-6404

Investor Relations
Jonathan Siegmann
[e-mail]
949-202-8476

[WeTheMarket]

https://www.linkedin.com/posts/ananya-sharma-7908ba244_cubesats-earthobservation-missions-activity-7150736252844044288-5UI2

Ananya Sharma
Research Analyst at Industry ARC
5d

[WeTheMarket]

Overview of Terran Orbital’s Satellite Bus Platforms
January 15, 2024
https://newspaceeconomy.ca/2024/01/15/overview-of-terran-orbitals-satellite-bus-platforms/

[WeTheMarket]

Built In Honors Terran Orbital in Its Esteemed 2024 Best Places To Work Awards
January 09 2024
https://ih.advfn.com/stock-market/NYSE/terran-orbital-LLAP/stock-news/92995517/built-in-honors-terran-orbital-in-its-esteemed-202

Terran Orbital Won Built In’s 2024 Best Places to Work Award

Built In today announced that Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, was honored in its 2024 Best Places To Work Awards. Specifically, Terran Orbital earned a place on both 100 Best Places to Work and 100 Best Midsize Companies to Work in Atlanta, 100 Best Midsize Companies to Work in Los Angeles, and both 100 Best Places to Work and 100 Best Midsize Companies to Work in Miami. The annual awards program includes companies of all sizes, from startups to those in the enterprise in large tech markets across the U.S.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240109765363/en/

[WeTheMarket]

Terran Orbital Wins 2024 BIG Innovation Award
January 10 2024
https://ih.advfn.com/stock-market/NYSE/terran-orbital-LLAP/stock-news/93007715/terran-orbital-wins-2024-big-innovation-award

Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defensive industries, announced today that CAPSTONE™, a satellite manufactured by Terran Orbital for Advanced Space’s NASA lunar mission, has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240109670290/en/

[starkd748]

https://www.tradingview.com/x/6DuvhLlF/


Weekly stochastic 92 overbought

[WeTheMarket]

Starkd, can you elaborate on the chart, what's concerning to you? I'm not an expert, and don't have sophisticated chart tools, but the 3 month chart looks to be in an uptrend to me. Also, currently trading above the $1 minimum share price requirement for NYSE, is a positive.

[starkd748]

Nope not till the chart improves

[glenn1919]

LLAP.............................https://stockcharts.com/h-sc/ui?s=LLAP&p=W&b=5&g=0&id=p86431144783

[glenn1919]

LLAP........................https://stockcharts.com/h-sc/ui?s=LLAP&p=W&b=5&g=0&id=p86431144783

[LittleBirdin my Ear]

Ready for this to trade over
$2/share again like it should.

[glenn1919]

LLAP..................................https://stockcharts.com/h-sc/ui?s=LLAP&p=W&b=5&g=0&id=p86431144783

[KOmani]

The $400k order in the trading day makes me a little interested.

I can see there is plenty to like as an investment of sorts more than a trade.

But I am here for a trade.

[johnreiner]

You can play almost any stock as a swing trade , this one is an investment! Lockheed Martin owns 34% of the company that currently has a $2.8 Billion backlog and a $190 million market cap……. Buy it and tuck it away and see it grow…. Was shorted down because it was a SPAC!

Huge revenues coming in in a matter of hours………

[KOmani]

At this point, it's better to wait for a formal announcement.

May not be what you want to hear though.

Not a good time to hold swing trades waiting for news.

May not be a good time to buy on news either as some market participants are now off.

[johnreiner]

Get in soon , first big payment coming any day from Rivada Space on their $2.4 Billion contract! This could run up a bit…