sprt stock price after merger

GREEs Share price will be roughly like 100-108 at this point. This is based on this formula.

Support Com Inc Price Sprt Forecast With Price Charts

After the merger closes and the 0124 exchange ratio kicks in the new stock price will be 761012388 or.

. Assuming GREESPRT having a market cap of 25B SPRT will get 8 of that meaning 200M current market cap is 97M. The cash portion of this merger will value Greenidge at 11 billion and the shares portion to be valued at 860 million. SPRT stock made a round trip during 2021s first half with lots of thrills and chills.

On the Signing Date the last trading day prior to the date of the public announcement of the execution of the Merger Agreement the closing sale price per share of Support common stock was 214. Investors who bought it at its lows around 1 per share. In fact even prior to the company announcing its recent merger agreement with Greenridge Generation the stock had risen from a 100 low in March 2020 to over 200 by February 2021.

This also implies that todays price of 22 for SPRT is equivalent to a. 1193 as Im writing this. Since SPRT shareholders get 77 of the new company and assuming no new shares there are 25701286 outstanding shares of SPRT then each share of SPRT would be worth as follows.

SPRT increased by over 80 pre-market. On __ 2021 the last practicable date prior to the date of the proxy statementprospectus the closing sale price per share of Support common stock was __. The price reached as high as approximately 5971 the first time it has been that high since January 2 2001 which was not even six months after the stock was first listed.

It started out at 2. InvestorPlace - Stock Market News Stock Advice Trading Tips. Even after merger GREE stock price will be high enough that current SPRT investors will be trading above average.

Currently the market cap of SPRT is about 100M USD after the merger within the next months no exact date yet only Q3 is known 1 the market cap will be about 16B if we assume a price of 5 USD per share. 5 USD share price 38M outstanding shares 012388 merge ratio 16B market cap after merger. But then in March the share price suddenly catapulted above 7.

Another way to say this is that SPRT stock is now worth 53 more or 761 per share. Price target 85 after merger no short squeeze no hype. SPRT shares are trading lower after stockholders approved the merger with Greenidge Generation Holdings Inc.

SPRT stock has languished in the 1 to 2 range for the last five years at least until 2021 that is. A Closer Look at SPRT Stock During the first couple of months of 2021 SPRT stock was trudging along at 2 and change. Near the end of August SPRT stock prices increased by over 400 percent in just a week which prompted talk of the company becoming a meme stock It remains to be seen how the merger with.

Since SPRT shareholders get 77 of the new company and assuming no new. A Closer Look at SPRT Stock. Its underlying business outsourced customer support was in decline.

After the merger closes and the 0124 exchange ratio kicks in the new stock price will be 761012388 or. In fact at 90000 for Bitcoin the 445 million in EBITDA at 30 times gives it a value. In less than a week shares more than doubled from an opening.

What we know they have at least 1047650 shares shorted of GREE. 3 billion x 77. The current price of SPRT is not too far from its fair value if there was NO SQUEEZEso if we buy SPRT 20 we will be paying fair value of SPRT with merger in play So if we were to go all in now and hold through merger there are 2 things that will possibly happen.

But the stock traded at a healthy discount to its net cash position. Then based on the 25701286 shares of SPRT we can calculate how much the stock is worth right now - its 851 per share 5948 downside to the current stock price of 21. Even after its recent.

SPRT stock rocketed 250 after announcing a merger with Greenidge Generation Holding an integrated. You take the current share price and divide it by 115. 1193 115 10373 GREE share price tomorrow if the price holds here.

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