Added to YB: 2025-01-03
Pitch date: 2025-01-01
ELMSQ [neutral]
Electric Last Mile Solutions, Inc.
+221.2%
current return
Author Info
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Company Info
Electric Last Mile Solutions, Inc., a commercial electric vehicle solutions company, focuses on designing, engineering, manufacturing, and customizing electric ‘last mile’ delivery and utility vehicles.
Market Cap
N/A
Pitch Price
$0.04
Price Target
0.36 (+180%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Automobiles
Category
special_situation
Observations from a de-SPAC liquidation. - $ELMSQ
ELMSQ (liquidation): Liquidating EV SPAC with $104.6M Mullen asset sale + $38.3M cash vs $57.7M claims. Est. $0.16/share ($20M) distribution in 12-24 months. Ongoing insider lawsuit may add $0.12-$0.20/share. $7M market cap vs potential $0.28-$0.36/share recovery. Risks: unliquidated claims, limited disclosure.
Read full article (6 min)