bullish

Nu Ride

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

195 Views24 Jun 2024 12:42
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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.

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