Added to YB: 2024-08-06
Pitch date: 2024-07-28
LUNA [bullish]
Luna Innovations Incorporated
-44.41%
current return
Author Info
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Company Info
Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide.
Market Cap
$54.6M
Pitch Price
$2.95
Price Target
5.00 (+205%)
Dividend
N/A
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
Why LUNA just got REALLY interesting
LUNA: Fiber optic sensing co. w/ accounting issues. New CEO, $15M credit from White Hat. Up for sale w/ 2-month deadline. $107M mkt cap, $172M EV. Need $200M+ sale price (1-2x sales) for profit. 20% EBITDA margin on $250M sales potential. $7 pre-issue price. Tech valued. Exit by Sept 30 if no deal. $5 PT.
Read full article (5 min)