m22au's journal

Online broker acquisitions likely to close in 2020

SCHW to buy AMTD

Monday, November 25, 2019 3:00 am PST

"The Charles Schwab Corporation to Acquire TD Ameritrade"

https://pressroom.aboutschwab.com/p...rles-schwab-corporation-acquire-td-ameritrade

* TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share.

* The parties expect the transaction to close in the second half of 2020, and integration efforts to begin immediately thereafter.

*******************

MS to buy ETFC

Feb 20, 2020

"Morgan Stanley to Acquire E*TRADE, Creating a Leader in all Major Wealth Management Channels"

https://www.morganstanley.com/press-releases/morgan-stanley-to-acquire-e-trade

* Under the terms of the agreement, E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each E*TRADE share

* The acquisition is subject to customary closing conditions, including regulatory approvals and approval by E*TRADE shareholders, and is expected to close in the fourth quarter of 2020.

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TAN etf has broken out to multi-year highs, despite Nasdaq and S&P 500 being below their highs from about a month ago.

TAN ETF:
https://www.invesco.com/us-rest/con...23dbd92610VgnVCM1000006e36b50aRCRD&dnsName=us

"Tesla, Biden and the Hype of a Green-Shaped Recovery"
https://www.bloomberg.com/opinion/a...ry-needs-to-factor-biden-s-chances-tesla-hype

September and October has also seen strong performance by lithium companies:
PLL LAC

fuel cell stocks
PLUG BE (and SBE which is a spac)

Just found the Lithium & Battery Tech ETF (LIT) which in theory covers the above two sectors
https://www.globalxetfs.com/funds/lit/

however it seems like its highest weighted holdings are EV makers

There is also the Amplify Advanced Battery Metals and Materials ETF (BATT)
and this seems to be a more 'pure' play on the companies that mine the relevant metals/materials.
https://amplifyetfs.com/batt.html

Four EV etfs:

DRIV KARS ECAR HAIL IDRV

Autonomous & Electric Vehicles ETF (DRV)
https://www.globalxetfs.com/funds/driv/

KraneShares Electric Vehicles & Future Mobility ETF (KARS)
https://kraneshares.com/kars/

iShares Electric Vehicles and Driving Technology UCITS ETF (ECAR)
https://www.blackrock.com/lu/interm...and-driving-technology-ucits-etf-usd-acc-fund

https://finance.yahoo.com/quotes/lit,batt,driv,kars,ecar,hail,idrv

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Some more Bitcoin stocks related to SPACs and IPOs:

Crypto exchange
Coinbase expected IPO date = Wednesday April 14
https://seekingalpha.com/symbol/COIN
https://seekingalpha.com/news/3678906-coinbase-expects-shares-to-start-trading-on-nasdaq-on-april-14
Elitetrader thread: https://www.elitetrader.com/et/threads/coinbase-ipo.357434/
FTX pre-IPO trading: https://ftx.com/trade/CBSE/USD

Crypto exchange
eToro going public via SPAC with the symbol FTCV
https://seekingalpha.com/symbol/FTCV
Elitetrader thread: https://www.elitetrader.com/et/threads/ftcv-to-become-etoro.356971/

Crypto exchange
Bakkt going public via SPAC with the symbol VIH
https://seekingalpha.com/symbol/VIH

Crypto exchange
Voyager Digital has performed very well in recent months
https://seekingalpha.com/symbol/VYGVF
https://finance.yahoo.com/quotes/VYGR.CN,VYGVF

All of the above Crypto exchanges:
https://finance.yahoo.com/quotes/coin,ftcv,vih,VYGR.CN,VYGVF

Crypto miner
Cipher going public via SPAC with the symbol GWAC
https://seekingalpha.com/symbol/GWAC
https://seekingalpha.com/news/36698...in-miner-cipher-mining-public-at-2b-valuation

Crypto miner
Greenidge Generation going public via reverse merger with SPRT
https://seekingalpha.com/symbol/SPRT
https://seekingalpha.com/news/36746...ing-bitcoin-miner-greenidge-generation-public

Both miners:
https://finance.yahoo.com/quotes/gwac,sprt

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Galaxy Digital has various cryptocurrency business units, not sure how to best classify it based on its main source(s) of revenue.

It has performed well in recent weeks

https://finance.yahoo.com/quotes/glxy.to,BRPHF
https://seekingalpha.com/symbol/BRPHF

Most recent earnings report was on March 30.

"Galaxy Digital Announces Fourth Quarter 2020 Financial Results"
https://www.newswire.ca/news-releas...quarter-2020-financial-results-872625121.html
Mar 30, 2021, 06:30 ET

Conference call
https://seekingalpha.com/article/44...el-novogratz-on-q4-2020-results-earnings-call

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Crypto miner

GROW previously owned HIVE Blockchain stock.

According to this article:
https://seekingalpha.com/article/44...ered-crypto-gem-with-massive-upside-potential

it has HIVE convertibles and warrants.

Results for December 2020 quarter:
(PR date = January 29, 2021)
https://www.usfunds.com/about-us/in...operating-revenues-increasing-60-qoq-480-yoy/

December 30, 2020 announcement about HIVE:
https://www.usfunds.com/about-us/in...ubstantial-gains-in-its-investment-portfolio/

Convertible debt
"These debentures convert into roughly 6.41MM shares of HIVE.V at a conversion price of $3 CAD."
(quote from SA article)

Warrants:
"As part of the transaction with HIVE, GROW received 5MM warrants to purchase common stock of HIVE.V at a price of $3 CAD"
(quote from SA article)

https://seekingalpha.com/symbol/GROW
https://seekingalpha.com/symbol/HVBTF
https://finance.yahoo.com/quotes/HVBTF,hive.v,grow

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