Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
THAR .36 bottom should be in .40 next target
all out yesterday morning in today at .0075 let see if she bounces
PEGR $9.98.. SpAC it up ..Kiepe Electric is a global leader in the electrification of road and rail urban transportation applications, including designing, manufacturing and implementing power electronics products, electric drives and vehicle controls hardware and intelligent software for fleet management and energy management
Kiepe Electric has over 500 employees operating in six countries around the world and, in 2022, had revenues in excess of $120 million
Project Energy Reimagined Acquisition Corp. is backed by an affiliate of Smilodon Capital, LLC and brings together experts from the advanced transportation, electrification and cleantech industries and those with strong track records of executive leadership and successful M&A deals across the technology, transportation, and energy sectors
Project Energy Reimagined Acquisition Corp. has approximately $113 million in trust
The proposed business combination of Heramba Electric and Project Energy Reimagined Acquisition Corp. is expected to close in the first quarter of 2024, with the combined company's securities expected to be listed on Nasdaq
Pro forma implied enterprise value of the combined company is approximately $450 million
MENLO PARK, Calif. and BERLIN, Oct. 3, 2023 /CNW/ -- Heramba GmbH ("Heramba Electric" or the "Company"), a special-purpose company focused on investing in companies with technologies and capabilities that can accelerate the decarbonization of commercial transportation, and Project Energy Reimagined Acquisition Corp. (Nasdaq: PEGR) ("PERAC"), a special purpose acquisition company, today announced that they have entered into a definitive agreement, dated September 29, 2023, for a proposed business combination (the "Business Combination"), which values the combined company at a pro forma implied enterprise value of approximately US$450 million. Upon closing of the Business Combination, the combined company's securities are expected to be listed on Nasdaq.
Heramba Electric to List on Nasdaq Through Business Combination with Project Energy Reimagined Acquisition Corp.
In August 2023, Heramba Electric announced that it had entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation, which is expected to close in the fourth quarter of 2023 (the "Kiepe Acquisition"). With the Kiepe Acquisition, Heramba Electric intends to create a pure-play global leader in sustainable urban transportation and further accelerate the expansion of urban transportation addressable market globally.
"The combination of PERAC and Heramba Electric marks a significant milestone in establishing a global leadership position in commercial and public transportation," said Eric A. Spiegel, director at PERAC. "Following the anticipated completion of the Business Combination, we believe that the combined company will have the backing of high-quality investors to further expand into the U.S. markets."
"Securing the acquisition of Kiepe Electric puts Heramba Electric on track to emerge as a frontrunner in the electrification of commercial transport. Kiepe Electric works in close partnership with customers, including transit authorities of major cities, to accelerate transition to environmentally friendly e-mobility while reducing costs associated with maintaining and expanding such cities' transportation infrastructure," said Dr. Hans-Jörg Grundmann, Managing Director of Heramba Electric. "This puts Heramba Electric in a strong position to drive the global expansion of zero-emissions urban transportation."
Kiepe Acquisition Highlights
Kiepe Acquisition expected to close in the fourth quarter of 2023.
Kiepe Electric is a global leader in the electrification of road and rail urban transportation applications, including designing, manufacturing and implementing power electronics products, electric drives and vehicle controls hardware and intelligent software for fleet management and energy management.
Kiepe Electric's software provides a holistic end-to-end dashboard from the charging systems to the end-vehicle.
In addition, Kiepe Electric is a specialist in vehicle charging solutions and is a leading supplier of In-Motion Charging solutions. In 2022, Kiepe Electric introduced its proprietary High Power Charging platform, which facilitates vehicle fast charging and energy management for battery-electric buses.
Kiepe Electric has a seasoned and experienced leadership team, with over 500 employees operating in six countries around the world and, in 2022, revenues in excess of $120 million
Business Combination Overview
The Business Combination reflects a pro forma implied enterprise valuation of approximately US$450 million. Consideration will be 100% in the form of rollover shares and the Business Combination is expected to provide approximately US$113 million of gross proceeds (before redemptions and the payment of certain expenses).
The transaction has been approved by Heramba Electric's shareholder and PERAC's Board of Directors, and the Business Combination is expected to close in the first quarter of 2024, subject to the consummation of the Kiepe Acquisition and other customary closing conditions, including the approval of PERAC's shareholders.
Additional information about the Business Combination, including a copy of the business combination agreement, will be provided in one or more Current Reports on Form 8-K to be filed by PERAC with the Securities and Exchange Commission ("SEC").
Advisors
Piper Sandler & Co. and Cohen & Company Capital Markets, a division of JVB Financial, LLC, are acting as lead financial advisors and lead capital markets advisors to PERAC. Northland Securities, Inc. is acting as fairness opinion provider to PERAC's Board of Directors. Latham & Watkins LLP, Matheson LLP and Smith, Gambrell & Russell, LLP are acting as legal counsels to Heramba Electric. Greenberg Traurig LLP and Maples Group are acting as legal counsels to PERAC.
About Heramba Electric
Heramba GmbH, founded in January 2023 and headquartered in Berlin, Germany and Atlanta, United States, is a special-purpose company focused on investing in companies with technologies and capabilities that can accelerate the decarbonization of commercial transportation. Heramba is led by Dr. Hans-Jörg Grundmann (Managing Director), who has dedicated his career to innovating and improving commercial transportation, including in his role as CEO of Siemens Mobility and his other leadership roles with industry leaders Siemens and AEG. For more information, visit http://herambaholdings.com/.
About Project Energy Reimagined Acquisition Corp.
Project Energy Reimagined Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
AULT .27 + 10% bottom play .. When I started this journey with the Company in 2017, we had just reported less than $8 million in annual sales, and today we are projecting annual revenue in excess of $200 million for the current fiscal year as we focus on our core businesses: Sentinum data centers; Circle 8 crane rentals; and investing and lending. We believe our Sentinum business is well positioned for growth with the increasing demand for power in the artificial intelligence data center space. Ault & Company believes in the Company’s plans for growth and expects to make additional investments to support these key businesses.”
Mr. Ault added that, “This partnership with Ault & Company reflects a shared vision for the future of Ault Alliance. We are poised to make significant advances in our business sectors and look forward to a fruitful collaboration. We are excited about the opportunities this partnership creates and are confident that it will ..
Ault & Company May Invest up to $75 Million
LAS VEGAS--(BUSINESS WIRE)--Apr. 19, 2024--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced Ault & Company, Inc. (“Ault & Company”), an affiliate of the Company, has invested a total of $44.0 million pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and Ault & Company on November 6, 2023. To date, Ault & Company has purchased an aggregate of 44,000 shares of Series C convertible preferred stock (“Series C Preferred Stock”) and warrants (“Series C Warrants”) to purchase an aggregate of approximately 13.0 million shares of the Company. Under the Agreement, as amended, Ault & Company can invest up to $75.0 million in the Series C Preferred Stock and Series C Warrants in multiple closings.
Milton “Todd” Ault, III, the Company’s Executive Chairman and the Chief Executive Officer of Ault & Company, stated, “This strategic infusion of capital into the Company underscores our strong confidence in the growth trajectory and future prospects of Ault Alliance. This investment not only strengthens our balance sheet but also enhances our ability to accelerate our strategic initiatives and expand our market presence.
It’s 401k suckers Friday buy high sell low so maybe a little green in markets but $44 held well for TMF as I still concur the Fed crew has always been lying about direction. No way to keep rates and markets higher much longer as layoffs from corporations accelerate full force as profits decrease notably Tesla but all other automakers in trouble also..getting nasty out there. Did some
TECS some exiting yesterday on aftermarket spike. Hold 20% now.
GGE moving to otcbb tomorrow, I bailed it earlier when I went to 95% cash at end of day...good luck!
Words to live by. Thanks
Holding cash is boring...just like folding at poker tournament is boring...sometimes you want some action after folding 10-15 times, but if you try to push it, you can end up losing lots of chips...preserving the cash/chips for better odds is the way I trade...right now is the time be VERY cautious, trade as if tomorrow market is down 10-20% overnight and everything in your account will be down right from the get go...when this market starts bleeding out every day, only then will most traders get it...I know you have a good grasp :)
10Y 4.63 USD 106.15 TLT 88's:
https://schrts.co/KvgXpzMh
Gold/silver just not dying too...
Really thought S&P would bounce and retest 50 ma, but didn’t. Maybe green tomorrow, but we are due to test 200 ma.
Problem that most traders forget is almost every stock dips on a real crash (we've yet to be in REAL crash, but it's close imo)...the odds of you being in a green one is almost like odds of getting hit by lightening...better odds of being crushed...I trade the market like I play poker (been at the final table at many poker tournaments), only put cash into pot with best odds of winning...bad odds, just fold & wait for better hand (aka sit cash & wait for better market)...jmho
Right now is EXTREME HIGH RISK market, in my strongest opinion
i have no doubt the chit show is just starting but there will be exceptions.. hopefully im ridin one..
Pulled in some cash again...was 90% in cash, now 93%...if market turns ugly, will be back to 98% until smoke clears
I'm only a few feet from the exit these days and never deep into stocks...Be safe!
well at least i have a vicarious position in angh
Hmmm, completely opposite of me...I'm holding ANGH & sold WAVE...lol
starting SRM back 1.30's, will add dips
sold all my angh and now i only hold wave 1050 of them.. probaly the most irresponsible trading ever..
I'm listening, but I'm also a strict technical analyst who is right way more often than wrong...good luck!
you make a plan ans you dance the dance you know.. from all the recent developments. i have to be honest.. i think this is the strongest spec i have ever jumped into.. for sure i will be whispering in your ear along the way
no problem, I just alert as I see it...but this will be good learning experience for you to watch how charts work...good luck!
V U Z I loading dip 1.25, 1.20 & 1.15 (if we can get that low)...chart broke 10 day hourly top trendline...
good luck.. im staying firmly put.. come what may..
W A V E chart starting to look like strong sell...I bailed it, I set some GTC orders to buy $2 & $1.80...good luck!
https://schrts.co/sbVCXBqD
RSI 70 broke down, big curl down on MACD & histogram bars shrinking....It should seek 200 day at 2.02 at best & 1st gap fill at upper 1.70's (a gap that never back tested)...If this thing is really going to be for sale, I'd believe a big stomp before it happens so they can buy cheaply before announcing....
All just my honest opinion...
sorry the link was on the shell yahoo homepage and still is.. i have eaten a lot of crow with my irrational exuberance. ill do it again im sure but not here. im spot on.....wave is the future of green energy..save for aolar which will also take a backseat to wave... all else is a pipe dream!1!!!!
N C L ipo left for dead:
https://schrts.co/SGkixheU
I'm going to get heavy on this one tomorrow...radar
im a drill baby drill person but wave is the first green initiative beyond solar that rings the bell.. just a common sense thing for me.. it works..
the only connection i see is the new hire of former shell ceo and the remit he was given.. like i said my logic is thin but if im right.. it was worth it
so what's the connection between KKR & Shell to WAVE?
the link works but its not on the home page anymore.. i dont know if they own any..
link works for me...how much does KKR own of WAVE?
Nibbled some wave, will add dips...good luck to us!
i have to time is short.. i need big!!! gltu
the article first appeared on fortune .com which is a pay site. maybe yahoo posting is a violation or something
thanks.. my logic is thin..i took my limit offer off the table.. id like to see a buyout of 100 plus..
My only issue with it is it's near the 52 week high...It's not my style...good luck!
LMAOOOOO, so freaking true
maybe nancy told them to pull it until she loads up..after all congress first
we'll find out in short order
hmmm, that good or bad?
interesting that the article i posted here has now been removed from the kkr yahoo homepage..
QQQ calls SHOOOW ME THE MONEY!!! ;)
wave
The left-leaning magazine gave van Beurden the unwelcome award after the ex-CEO’s 2017 spat with Environmental Defense Fund head Fred Krupp was made public by the House Oversight Committee.
However, KKR appears to back van Beurden’s track record of helping Shell transition from a strong history profiting from fossil fuels toward greener initiatives.
“He was the leader in driving Shell’s strategic transformation,” Brandon Freiman, head of North American infrastructure at KKR, told the Financial Times. “He really led Shell’s work during his tenure as CEO on transitioning it across oil and gas, renewables, sustainable aviation, and transportation.”
In December, Reuters reported that KKR was seeking to raise up to $7 billion for its first global climate fund, which would focus on energy transition opportunities.
Under its new CEO, Wael Sawan, who joined in January 2023, the group has reined in some of van Beurden’s loftier climate targets.
let me do what i never do.. close over 4.5
Followers
|
205
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
27981
|
Created
|
01/11/04
|
Type
|
Free
|
Moderator vlispxpert | |||
Assistants dabonenose matt24d K-Pax Natural Trader |
Welcome to Vlispxpert's Underground. This board is mainly for undervalued, oversold stock plays. The price of the stock is not of concern, so .10 to $20+ picks are welcome if they meet the criteria below. (No pinks or otcbb please) I will be placing my watch picks once a week or whenever I find one I really like...These days it's quality over quantity of picks...
Disclaimer:
Anyone who is considering investing in any of my oversold picks, needs to understand that there is usually a reason the stock is oversold in the first place. 9 times out of 10 there was some bad news that caused a major sell off...
These plays are risky in nature because of this factor alone. I am playing the odds when I buy an oversold stock. The theory behind my picks is the price shouldn't go much lower, due to the oversold indicators & the shorts are close to covering. JMHO
If the price does go lower, I average down, which I believe just causes more pressure on the stock rather than relieving pressure by selling. I usually wait for a 25-35% drop before averaging down, depending on the volume & activity of the market.
I also believe in holding the stock through the turbulant bottom when it is trying to correct itself. It may take a day or it may take months, but the theory is, it will turn around at some point...JMHO
There are 4 things that will make me sell a stock immediately:
1) Strong dilution (over 50% addition to O/S).
2) Bankruptcy.
3) Reverse split.
4) Bad news, usually of the financial nature (Big losses, bad quarter, losing major client, etc.)
I just wanted to post this as a reminder to those who do decide to buy one of my picks that there is a high risk factor & that my picks aren't really daytrades. They are buy & hold until the market comes to you. Sometimes they play out like daytrades, and sometimes it's like water drip torture for weeks on end...
I believe in my method, however contrary it is to the daytrade crowd, who wants instant gratification or it's a complete failure in their minds....
Good luck & good trading, I hope this helps in future decisions on buying any future picks...Thanks
Terminology you may hear:
Starter=1%-2% amount to keep eye on stock while it's trying to find support.
Add=2%-6% tripling of position after a 20-35% dip.
Back up Truck=20%-30%
"If you want to get rich, stick your head above the crowd, see which way it is going, and immediately head in the opposite direction" -My Favorite Quote-
"The stock market is a vehicle to move wealth from the impatient to the patient". -Another Great Quote-
My other board strictly for trading gold/silver stocks is located at:
http://investorshub.advfn.com/Beaten-Down-Junior-Gold-and-Silver-Stocks-30266/
Posts Today
|
0
|
Posts (Total)
|
27981
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |