Chardan initiates coverage on SPACs and Disruptive Technologies

Chardan’s SPAC and Disruptive Technologies research team, led by Brian Dobson, has initiated coverage on five companies with origins in SPAC mergers, that are deploying innovative technology to disrupt their respective industries. We initiated coverage of BM Technologies, Inc. (BMTX) f/k/a BankMobile (BMTX, Buy, $21 PT), Li-Cycle (LICY, Buy, $17 PT), Lottery.com (LTRY, Buy, $14 PT), PLBY Group, Inc. (PLBY, Buy, $49 PT), and Valens Semiconductor (VLN, Buy, $13 PT).

Additionally the team launched SPAC strategy coverage, to provide investors with a comprehensive analysis of the market and its future.