sprt stock price after merger
10 votes 27 comments. ET and the After Hours Market 400-800 pm.
Assuming GREESPRT having a market cap of 25B SPRT will get 8 of that.
. 2 On the Signing Date the last trading day prior to the date of the public. This also implies that todays price of 22 for SPRT is equivalent to a post-merger price of 18886 for GREE stock. Greenidge has applied to list its class A common stock on Nasdaq under the trading symbol GREE.
Months after the stock was first listed. SPRT stock made a round trip during 2021s first half with lots of thrills and chills. SPRT is down 466 in the after-hours trading session at the price of 1065 despite any recent news.
Investors who bought it at its lows around 1 per share did well even before the game-changing crypto. Real-time prices are provided by Cboe BZX Exchange on individual US. Investors are using this data to compare Greenidges value to.
A Closer Look at SPRT Stock. SPRT shareholders approved their merger with Greenidge Generation on September 10 2021. And since page 23 of.
SPRT stock has languished in the 1 to 2 range for the last five years at least until 2021 that is. Ujacquesmioff is reporting short interest not short. If we shoot the price of SPRT up.
Will the price of the stock be higher then and. Months after the stock was first listed. 108k members in the SPRT community.
If SPRT stock price goes higher how does that affect the fully diluted. The SPRT stock closed Tuesdays session at 692 up 267. Keep in mind SPRT stock had already gone up hundreds of percentage points in anticipation of the Greenidge merger.
But the stock traded at a healthy discount to its net cash position. The company posted total revenues of 85 million signifying a year-over-year decrease of 23. SPRT Published Second Quarter 2021 Financial.
This is 5286 above todays implied equivalent. The short interest of free float estimate for SPRT is 7384 and the people calculating these estimates are pretty damn good. After the buy the rumor phase petered out the only.
After the merger closes and the 0124 exchange ratio kicks in the new stock price will be 761012388 or. That will be set just before the closing. What do you all think when it comes to the price of SPRT once it becomes GREE September 10th.
Even after merger GREE stock price will be high enough that current SPRT investors will be trading above average. Ive heard anywhere from 35 to 60 on the rumor mill but nothing with substance. GREE has been shooting for a 40 price after the merger.
After adding back the 70 million in cash and dividing this by 38863 million shares SPRT stock will be worth 6145 per share. It started out at 2 and change during the first couple of months of the year. When the merger was announced SPRT stock shot up to approx.
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