Replies to post #21 on Spruce Power Holdings Corp (SPRU)

[tedgoeseast]

thanks just read the whole story on yahoo news, Ciara Linnane
Fri, September 18, 2020, 3:42 AM PDT
XL Fleet, a provider of electric vehicle technology, said Friday it has agreed to merge with Pivotal Investment Corporation II , a special purpose acquisition corporation, or SPAC, in a deal with a pro forma enterprise value of about $1 billion. A SPAC, or blank-check company, is one that goes public and then seeks to acquire a business or businesses. The new entity will be named XL Fleet

[tedgoeseast]

so the float is 22 million ,and the new net worth after merger is 1 billion 1 billion divided by 22 million is 45.00 dollars a share!!! so this should run to 20.00 easily