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EVBox IPO (laadpalen)

1.512 Posts
Pagina: «« 1 ... 22 23 24 25 26 ... 76 »» | Laatste | Omlaag ↓
  1. forum rang 7 Succes 18 juni 2021 12:15
    TPG Pace Beneficial Is Different From a Meme Stock in One Important Way

    TPGY stock has a floor that doesn’t go to zero
    9m ago · By Chris Markoch

    When you buy stock of a special purpose acquisition company (SPAC), you’re buying into the company that’s going public. In the case of TPG Pace Beneficial Finance Corp (NYSE:TPGY) stock, the target is EVBox, the largest EV charging company in Europe.
    KIA electronic vehicle charging

    However, as shareholders of TPGY stock are discovering, there’s no such thing as a sure thing when it comes to SPACs.

    After climbing as high as $31.57 a share in early February, TPGY stock has dropped more than 60%. It will open this morning at around $12.15.

    That’s the kind of volatility you get from a meme stock.

    Of course, there is a difference that current bag holders of TPG Pace Beneficial should keep in mind: at least with a SPAC stock you know your floor.
    Let the Buyer Beware

    Investing in a SPAC stock is one of the riskier ways to invest. Prior to an announced merger, many investors are “betting on the jockey” (i.e. the sponsor of the SPAC).

    Those sponsors with a proven reputation of bringing successful companies public may attract premium prices. However, early investors generally can buy into a SPAC for around $10 per share.

    All bets are off once a merger target is announced. In fact, a SPAC may rise well above its introductory price because of interest in the company that the SPAC is bringing public.

    That was the case when TPG Pace Beneficial announced it was bringing EVBox public.

    TPGY stock has not held its initial gains unfortunately and is now trading just a couple of dollars above the psychologically significant $10 mark.
    Will the Merger Go Through?

    A big reason that TPGY stock is dropping is concern that the merger may get called off. In mid-May TPG filed an 8-K form part of which warned there was a chance uncertainty would keep the deal from getting done at all.

    The issue seems to center around the ability of EVBox to produce audited financial statements. It’s apparently going to take longer than expected. In fact, the company said it could now take until early September to get the merger approved.

    If the issue is a question of crossing t’s and dotting i’s then it seems likely that both sides will remain committed to the deal.

    However, TPGY stock is down nearly 50% from the beginning of the year. Not all of that can be explained by the delay in a merger.
    So Why Is TPGY Stock Dropping?

    Unlike some targets of SPAC deals, EVBox is a company that is generating sizable revenue with a strong outlook for future growth. As ChargePoint (NYSE:CHPT) and Blink Charging (NASDAQ:BLNK) demonstrate, this is a sector that has room for more than one company.

    But there are questions about this narrative. The first is in the adoption of electric vehicles in the United States. EVBox is a Dutch company and, as Josh Enomoto describes, it’s almost fiscally irresponsible not to own an EV in the Netherlands.

    It’s possible that the United States could start providing generous incentives for individuals to buy electric vehicles. However, it seems that even the most punch-drunk congressional representative is beginning to grasp the reality of our bloated federal budget.

    It would seem unlikely that the Biden administration will be able to pass its entire $6 trillion budget.

    The $2 trillion infrastructure plan that includes funding for EV charging stations will likely get pared down. All of this is to say that there may not be the will to pass generous subsidies.

    Even if they did, the United States does not have nearly the supply to match such a demand. Which is not to say it won’t, but there will have to be a charging infrastructure in place to facilitate that demand anyway.
    Now Is Not the Time to Buy

    There is a third explanation. With the prevalence of SPAC announcements in 2020, a popular trade has emerged. Investors buy into the SPAC company before the merger announcement and sell after the announcement is made.

    That being said, I believe that the investors who had the most to gain already took profits before TPGY stock dropped in May.

    At this point, if you’re still holding the stock, you at least know that the stock won’t dip much below $10 and may gain momentum if a deal is confirmed.
    But without clarity that the merger will go through, there’s no reason to enter a new position at this time.
  2. forum rang 6 Tordan 18 juni 2021 12:32
    quote:

    Djazz schreef op 18 juni 2021 12:27:

    Als je voor laadpalen wil gaan is Volta Charging een veel betere keuze -> SPAC = $SNPR
    Volta is a leader in commerce-centric EV charging networks, capitalizing on the shift to EVs by building where consumers spend time & money. Info on VLTA/SNPR agreement: bit.ly/3u5nlDo
    Zo en waarom dan wel???
  3. Bob de Bouwer 59 19 juni 2021 14:42
    Ik verwacht dat er tot 6 augustus weinig tot geen nieuws zal zijn. De Out date zal helderheid verschaffen. De publicatie van de US cijfers lijkt me een formaliteit maar wel een noodzaak. Daar zal binnenkort wel info over komen. Daarom zal de koers zo'n beetje blijven hangen zoals ie nu is denk ik.
  4. forum rang 6 Tordan 24 juni 2021 18:16
    EVBox Group sluit zich aan bij de Transport Decarbonisation Alliance
    EVBox Group, een toonaangevende leverancier van flexibele en schaalbare laadoplossingen voor elektrische voertuigen, sluit zich aan bij de Transport Decarbonisation Alliance om de wereldwijde overgang naar CO2-neutraal transport vóór 2050 te versnellen.
    AMSTERDAM, 24 juni 2021 — De belangrijkste doelstelling van de Transport Decarbonisation Alliance (TDA) is om de overstap naar CO2-neutraal transport te stimuleren op drie verschillende niveaus ("3C's"): land (Country), stad (City) en bedrijf (Company). EVBox Group helpt de TDA om deze doelstelling te realiseren met wereldwijde expertise in laadinfrastructuur.

    De leden van de TDA komen regelmatig samen om informatie uit te wisselen over gemeenschappelijke initiatieven, uitdagingen en oplossingen. Dit is essentieel om de TDA te helpen bij het opzetten van innovatieve pilots met als doel oplossingen te vinden voor duurzaam transport.

    Transport Decarbonisation Alliance
    Een coalitie van pioniers
    De TDA brengt landen, steden en bedrijven samen in het streven naar duurzaam, CO2-neutraal transport. De TDA wil daarbij de duurzaamheidsambities van de transportsector opschroeven door een gemeenschappelijke visie te schetsen voor pioniers die transport koolstofvrij willen maken.

    Het doel van de TDA is door middel van lobbyen beleidsmakers te beïnvloeden tijdens belangrijke internationale fora over klimaatverandering, duurzame ontwikkeling en internationale beleidsprocessen.

    Barrières doorbreken
    Als een bedrijf met meer dan 10 jaar ervaring in elektrisch vervoer, ziet EVBox Group tijd als de grootste uitdaging. Een duidelijke planning is van groot belang voor investeerders en beleid kan hierbij voor de nodige duw in de rug zorgen. De internationale klimaatdoelstellingen vereisen progressieve CO2-trajecten en plannen voor het uitfaseren van emissie voor alle soorten transport op de weg. Nog belangrijker is dat deze CO2-ambities en het transportbeleid gepaard gaan met een infrastructuurplan dat net zo ambitieus is.

    EVBox Group is van mening dat het opzetten van een betrouwbare laadinfrastructuur één van de grootste prioriteiten moet worden op de wereldwijde beleidsagenda voor decarbonisering. Uiteindelijk zal het creëren van een duurzame toekomst van transport afhangen van samenwerking tussen verschillende betrokken partijen.

    Voor EVBox Group is de toetreding tot de Transport Decarbonisation Alliance een grote stap in de richting van het stimuleren van infrastructuur als een essentiële pijler van de wereldwijde decarbonisering op het gebied van transport. Het realiseren van duurzaam wegtransport is afhankelijk van de internationale samenwerking tussen landen, steden en bedrijven om gemeenschappelijke barrières te doorbreken en de doelstellingen van een ambitieus infrastructuurbeleid te definiëren.
    Koen Noyens (Director, Policy, Electric Mobility EU van EVBox Group)
    De toetreding van EVBox Group tot de Transport Decarbonisation Alliance is een belangrijke stap. Bedrijven werken hard om de elektrificatie van transport te versnellen en samen maken we een verschil. Daarom kijk ik er echt naar uit om alle voorlopers samen te brengen voor een groenere planeet voor toekomstige generaties.
    Stientje van Veldhoven (Nederlands demissionair staatssecretaris van Infrastructuur en Waterstaat en voorzitter van de Transport Decarbonisation Alliance)
    ###

    Over Transport Decarbonisation Alliance
    De Transport Decarbonisation Alliance, opgericht in 2018, is een unieke internationale samenwerking om de wereldwijde transitie naar emissievrij vervoer vóór 2050 te versnellen. De belangrijkste bijdrage van de TDA is het bevorderen van de samenwerking tussen landen, steden/regio's en bedrijven (de "3C's") voor CO2-neutraal vervoer, waarbij die synergie voor actie zorgt.

    De TDA faciliteert samenwerking tussen sectoren door activiteiten en platformen te ondersteunen waar vertegenwoordigers van pionierende landen, steden/regio's en bedrijven met elkaar in contact komen, elkaars uitdagingen en kansen begrijpen en synergieën creëren om actie en ambitie te versnellen.

    In de TDA werken de 3C's met elkaar en met een ecosysteem van partners samen om trajecten uit te stippelen om transport zo snel mogelijk koolstofvrij te maken.
  5. T.overdose 29 juni 2021 18:44
    Waiting game nu en ondertussen worden in de US door Chargepoint, Blink Charging flinke stappen gemaakt.
    Hier heeft toch geen van beide partijen baat bij. Now is the time om in de US vol op je netwerk te knallen. Baal flink van de gang van zaken. Hopelijk snel nieuws, goed of slecht.
  6. B. Legger 30 juni 2021 08:08
    Voor de geïnteresseerden, kijk ook eens naar Alussa. Noorse batterijproducent die relatief schone batterijen gaat produceren voor onder andere schepen (21 miljoen subsidie vanuit Noorse regering verkregen, bijna 5% van de market cap á 380 miljoen dollar). Ik zie het als een mooie diversificatie in mijn PF naast EVBOX.

    www.businesswire.com/news/home/202104...
  7. forum rang 7 Succes 1 juli 2021 12:49
    TPG Is Evaluating a Public Listing - IPO or SPAC deal could value TPG at about $10 billion
    - Updated June 30, 2021 7:03 pm ET - The Wall Street Journal -

    TPG, one of the last of the original private-equity giants to remain a closely held partnership, is evaluating a public listing, people familiar with the matter said.

    The firm is considering a straightforward initial public offering and a merger with a special-purpose acquisition company, with the former being the most likely route, the people said. Such a deal could value the California-and-Texas firm at about $10 billion, some of the people said.

    The process is still in its early stages and TPG may not opt to proceed with any deal.

    TPG, with nearly $100 billion in assets under management, has flirted with an IPO multiple times, only to end up balking while rivals forged ahead. Blackstone Group Inc., BX -1.83% Apollo Global Management Inc., APO -0.34% KKR & Co. and Carlyle Group Inc. went public years ago, transforming businesses that have enjoyed rapid growth as the industry is flooded with assets.

    “As we have consistently stated, we evaluate various strategic alternatives from time to time,” a TPG spokesman said in a statement. “No decisions have been made and we have nothing to announce at this time.”

    With headquarters in San Francisco and Fort Worth, Texas, and offices around the world, TPG’s business lines include private equity, investing in fast-growing companies, socially responsible investing, real estate and public equity.

    Founded in 1992 by Jim Coulter and David Bonderman, who met while working for investor Robert Bass, the firm spent much of its first decade doing big buyouts of companies like Continental Airlines and Burger King. In 2007, it launched TPG Growth, which has had success investing in midsize companies and those with rapid growth profiles including Uber Technologies Inc. and Airbnb Inc.

    But it has lagged behind peers in asset growth as some big deals it struck before and during the financial crisis faltered. Among them was TXU Corp., later renamed Energy Future Holdings Corp., which TPG bought with KKR in a $32 billion takeover in 2007. The utility filed for bankruptcy protection in 2014.

    Since then, TPG has appointed a new crop of executives to oversee its flagship buyout and growth businesses and launched more than a dozen different investment strategies. It has focused its efforts, including in its buyout strategy, on deals in the technology and healthcare sectors, which it believes have the most growth potential and which require less leverage.

    In February, TPG agreed to pay AT&T Inc. $1.8 billion for a 30% stake in the telecom giant’s struggling DirecTV unit. It paid $1.2 billion for a majority interest in LifeStance Health Group Inc. in April 2020. The outpatient-mental-health company, which went public in June of this year, now has a market value of more than $10 billion.

    By moving forward with a listing now, TPG could benefit from a red-hot IPO market and a boom in SPACs, empty vehicles that raise money through listings and then look for businesses to take public through a merger.

    The SPAC market has cooled of late, but a number of the vehicles remain on the hunt for a deal, and a well-known, successful business like TPG’s will likely be seen by many as a prize.

    A number of SPACs have merged with investment firms, including Altimar Acquisition Corp. , which bought and combined Dyal Capital Partners and Owl Rock Capital Partners into Blue Owl Capital Inc.. The new entity began trading recently and has a market value of more than $16 billion. In August, Chicago asset manager GCM Grosvenor agreed to merge with CF Finance Acquisition Corp. in a deal valued at $2 billion including debt.

    TPG has taken steps in recent months that could help prepare it for a listing. In May, the firm said Mr. Coulter, who had been serving as co-chief executive officer alongside Jon Winkelried, would become executive chairman and focus on the firm’s social-and-environmental impact strategy, with Mr. Winkelried becoming sole CEO.

    Mr. Winkelried, who was president and co-chief operating officer of Goldman Sachs Group Inc. before joining TPG in 2015, is widely respected on Wall Street and has helped transform the firm from a buyout shop into a diversified asset manager.

    In May 2020, TPG and its former affiliate Sixth Street Partners ended their relationship, with the credit-investing specialist taking back most of TPG’s roughly one-third stake. As part of the deal, both firms agreed not to start new businesses that would take them onto the other’s turf until 2021.
  8. T.overdose 9 juli 2021 09:40
    De meeste aandelen van TPG zijn in vaste handen zolang daar niet mee geschoven wordt kan de koers al bij een paar kopers in de markt omhoog vliegen. Het duurt veel te lang met het deponeren van die EVBox cijfertjes, er zal naast een breuk in vertrouwen nog wel meer aan de hand zijn ben ik bang. Het is in het nadeel van beide partijen en er zit skin in the game dat is 1 reden...

    Ik hou er rekening mee dat TPG zich terugtrekt en met een plan B komt. De kans op een merger is kleiner geworden en de derde optie is +/- een tientje terug. Afwachten maar weer Lucky14!
1.512 Posts
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