Hyliion $HYLN

Request for $SHLL to be added

This is about Hyliion

Hyliion evolved out of a passion for horsepower. As a mechanical engineer and motorsports racer, founder and CEO Thomas Healy set out to bring the advantages of hybrid technology to tractor trailers. Today, Hyliion is an industry leader in Class 8 electrification with a growing team of talented engineers and visionaries and a robust network of strategic industry partnerships. With an ever-growing demand for shipping products, we will provide technology solutions that transform transportation’s environmental impact.

Investor Info

Hyliion will be merging with Tortoise Acquisition Corp. (NYSE: SHLL) and the newly combined company will remain on the New York Stock Exchange under the new ticker symbol (“HYLN”).*
Pro forma implied market capitalization of the combined company over $1.5 billion.
Transaction includes an upsized $325 million fully committed PIPE.
*Proceeds will be used to fully fund the commercialization and mass production of the company’s electrified powertrain solutions.

There is already a thread for this so I would suggest deleting this and voting for that one or you’re going to make it less likely to be brought into Freetrade.

I would add the $1.5bn market cap corresponds to a share price of shll of ~$10 so you would now be buying at ~$4bn valuation at a price per share of $27. You may also want to look at GRAF industrial a SPAC which is reverse merging with Velodyne a Lidar company.

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Would it be possible to add hyliion?
Thank you!

Well at the min they have ticker shll, with the merge this will change!

Thank you!!


Don’t know what anyone thinks about the ride this stocks been on? Looks like people are wary after the Nikola scandal.

It went up to $50 but is now back to below $20.

I guess the current $18 is still the higher end of the valuation of the company. I think most buy will start around $16 and south of that. Hyliion is a small firm with not much to show but descent accounting and business planning skills so far. Be frank - I bough some at $32 even though I promised myself I won’t touch it with a barge pole due to the spac nature of the deal. The scaling of the production is a massive worry for the better investors and the slow profit will keep the quick money makers away from them just now. It’s a solid company but way way overpriced due to the hype of spacs and just buying spree due to liquidity


Currently at $10.43. Up from $8.26.