Stable Road Acquisition (SRACU) Stock Price, News & Analysis

Company Overview

Stable Road Acquisition Corp. (OTCMKTS:SRACU) is a special purpose acquisition company (SPAC) formed in 2020 to effect a merger, share exchange, asset acquisition or similar business combination. The company completed its initial public offering in October 2020, raising gross proceeds to pursue opportunities in the global mobility sector. As an exempted Cayman Islands company, Stable Road Acquisition operates under a blind-pool structure, seeking to identify and combine with a privately held target that can benefit from the public markets.

Stable Road Acquisition focuses on technology-enabled businesses across automotive, transportation, financing, fintech and related product lifecycle management. The company’s management team brings experience in capital markets, corporate development and operations, with a mandate to leverage strategic partnerships and industry expertise to accelerate growth for its combined entity. Stable Road targets businesses that exhibit strong unit economics, scalable business models and the potential to deliver sustainable long-term shareholder value.

In August 2021, Stable Road Acquisition entered into a definitive agreement to merge with Arrival Ltd., a UK-based electric vehicle manufacturer specializing in zero-emission buses and commercial vans. The proposed business combination aims to support Arrival’s expansion plans, including manufacturing facilities in Europe and North America, as well as the development of next-generation electric mobility solutions. Upon closing, Arrival is expected to continue trading publicly, combining Stable Road’s capital resources with Arrival’s innovative technology platform.

Key Stats

• Today's Range: $11.75 to $12.20
• 50-Day Range: $12.20 to $12.20
• 52-Week Range: $9.78 to $35.00
• Volume: 1,800 shs
• Average Volume: 5,228 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SRACU Stock Analysis - Frequently Asked Questions

How have SRACU shares performed this year?

Stable Road Acquisition's stock was trading at $12.20 at the start of the year. Since then, SRACU stock has increased by 0.0% and is now trading at $12.20.

How do I buy shares of Stable Road Acquisition?

Shares of SRACU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Shell Companies
• Sub-Industry: Defense
• Current Symbol: OTCMKTS:SRACU
• CIK: 1781162
• Web: www.stableroadcapital.com
• Phone: (213) 793-6507
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A