Range Capital Acquisition Corp. Announces Full Exercise of Underwriters Over-Allotment Option in Connection with its Initial Public Offering
| GOEV Stock | USD 0.16 0.04 33.33% |
Slightly above 55% of Canoo's sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Canoo Inc pink sheet suggests that some investors are interested at this time. Canoo's investing sentiment can be driven by a variety of factors including economic data, Canoo's earnings reports, geopolitical events, and overall market trends.
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Canoo |
COLD SPRING HARBOR, N.Y., January 03, 2025--Range Capital Acquisition Corp. announced today that the underwriters of its previously announced initial public offering of units have fully exercised their over-allotment option, resulting in the issuance of an additional 1,500,000 units at a public offering price of 10.00 per unit. After giving effect to the exercise of the option, an aggregate of 11,500,000 units have been issued in the initial public offering at an aggregate offer
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Canoo Fundamental Analysis
We analyze Canoo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Canoo is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Canoo Inc Potential Pair-trading
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Peers
Canoo Related Equities
| HYZN | Hyzon Motors | 25.49 | ||||
| RIVN | Rivian Automotive | 0.23 | ||||
| LCID | Lucid | 0.69 | ||||
| PSNY | Polestar Automotive | 0.93 | ||||
| MULN | Mullen Automotive | 3.70 |
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