This is all assumption, my math tells me when the merger is complete the OS will be 50 million, right now the market cap sits at 400 million, with 30 million OS, so another 20 million will be added, here is why I think that because they got funded 500 million dollars through PIPE investors at 10 dollars for each share, essentially if my math is correct OS after the merger is completed will be 50 million. So let say at 5 billion valuation the share price should be at 100 dollars, they funders have valued the company at 3.3 billion dollars, but they are valuing the projected value of the company at 100 billion, now the question you should ask yourself, do you believe in that out come? It is very possible 5-8 year down the road if hydrogen is viable tech. Based previous SPAC deals that I have been part of, they always run a little before the merger and run huge after the merger, perfect example the latest one was KERN for me, but had a lower share structure and the only reason it ran, just like NKLA will run because those addition 20 million shares that is going to be added to current OS and the current OS they are restricted to sell their shares for at least the 180 day lock up period is over. Bottom line, if market compromises and the cornornavirs is somehow mitigated this could potentially run to 30 dollars right before the merger and hit 60-80 dollars right after the merger and this is all not considering what other contract they have already signed. So before any shares hitting the market this could potentially be in triple digit dollars sometime after the merger is complete, this company is going to a giant and the Wall Street will be scooping shares up soon after the merger.
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