bullish

Nu Ride

Nu Ride (NRDE) - Friday, Mar 22, 2024

171 Views24 Jun 2024 12:42
Syndicated
SUMMARY
  • Nu Ride is a SPAC with $2.5 per share in cash and $1 billion in net operating losses
  • Company has $2.9 per share of net cash and $2.0 per share of perpetual preferred held by Foxconn
  • Ongoing litigation actions against Foxconn and former executives could result in potential increase in net cash value to $4.5 per share

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Value Investors Club
External reports (aggregated public sources)
Value Investors Club
Equity Bottom-UpEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
  • Nu Ride (NRDE) - Friday, Mar 22, 2024
    24 Jun 2024
x