SGII Stock Fair Value Calculation – Seaport Global Acquisition II & American Battery Materials to be Listed on Nasdaq

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Seaport Global Acquisition ($NASDAQ:SGII) II, a special purpose acquisition company (SPAC) and American Battery Materials (ABM), a leader in the development of advanced materials technology, have announced a merger agreement that will result in ABM being listed on Nasdaq. The companies said the listing is expected to provide additional liquidity and greater public visibility to ABM’s business. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company specializes in the development of advanced materials technology to enable next-generation lithium-ion battery cells. It has developed proprietary technology that enables the high-volume manufacturing of lithium-ion battery cells with improved safety, performance, and cost-effectiveness over existing technologies.

The company’s technology is currently used in the production of lithium-ion battery cells by major battery manufacturers. The listing of ABM on Nasdaq as a result of the merger between Seaport Global Acquisition II and American Battery Materials is expected to provide additional liquidity and greater public visibility to ABM’s business. This move is sure to benefit both companies and their shareholders, as well as continue to advance ABM’s technology to new heights.

Share Price

On Friday, SEAPORT GLOBAL ACQUISITION II, a special purpose acquisition company, and American Battery Materials, a company focused on the exploration, acquisition, and production of strategically located lithium and cobalt assets, announced they will be listed on the Nasdaq. At the opening bell, SEAPORT GLOBAL ACQUISITION II stock opened at $10.5 and ended the day at $10.4, a gain of 0.3% from the prior closing price of 10.4. The announcement has been met with positive investor reaction, with market watchers believing the listing of SEAPORT GLOBAL ACQUISITION II and American Battery Materials on the Nasdaq will provide investors with more opportunities for gains in the future. This move is a testament to the strength and potential of both companies, and is certain to be beneficial for investors in the long term. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for SGII. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for SGII. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for SGII. More…

Key Ratios Snapshot

Some of the financial key ratios for SGII are shown below. More…

Analysis – SGII Stock Fair Value Calculation

At GoodWhale, we recently completed an analysis of SEAPORT GLOBAL ACQUISITION II’s wellbeing. Using our proprietary Valuation Line, we have concluded that the fair value of SEAPORT GLOBAL ACQUISITION II share is around $6.8. Yet, we found that they are currently traded at $10.4, significantly overvalued by 53.6%. We believe this overvaluation is unjustified and could potentially lead to a negative impact on investment decisions. We hope our analysis can provide helpful insight to investors and traders, enabling them to make more informed decisions when investing in SEAPORT GLOBAL ACQUISITION II. More…

Peers

Seaport Global Acquisition II Corp is in a competitive market with Canna Global Acquisition Corp, Global Partner Acquisition Corp II, and Target Global Acquisition I Corp. All of these companies are constantly competing for the same resources, markets, and customers. As such, staying ahead of the competition is critical for success.

– Canna Global Acquisition Corp ($NASDAQ:CNGL)

Canna Global Acquisition Corp is a publicly traded special purpose acquisition company focused on investing in the global cannabis industry. The company has a current market cap of 95.79M as of 2023. Its Return on Equity (ROE) is -5.7%, which indicates that the company is not generating adequate returns on its investments. Canna Global Acquisition Corp is currently in the process of seeking an acquisition target in the rapidly growing global cannabis industry. The company hopes to capitalize on the growth potential of the sector and generate attractive returns for its investors.

– Global Partner Acquisition Corp II ($NASDAQ:GPAC)

Global Partner Acquisition Corp II is a publicly traded special purpose acquisition company focused on acquiring companies in the technology and healthcare sectors. The company has a market cap of 120.49 million for the year 2023, which is relatively small compared to other companies in the same sector. The company’s return on equity (ROE) for the same year was -1.14%. This could indicate a lack of profitability and/or weak investor confidence in the company. Therefore, investors should be cautious when considering investing in this company.

– Target Global Acquisition I Corp ($NASDAQ:TGAA)

Target Global Acquisition I Corp is a private equity firm that makes investments in companies across various sectors and stages of development. With a market capitalization of 282.59M as of 2023, the company is well capitalized and has the resources to make strategic investments. Additionally, the company has a Return on Equity of -0.24%, indicating that it is not making the most effective use of its resources to generate a return on investment for shareholders.

Summary

Seaport Global Acquisition II is a special purpose acquisition company (SPAC), an entity formed to raise money from investors, which then acquires or merges with a private company. The company was founded as a joint venture between Seaport Global Holdings and American Battery Materials, and is listed on the Nasdaq exchange. From an investment analysis perspective, investors should consider factors such as the underlying business of the proposed merger, the financials of the target company, the management team, and the market potential for the combination.

Seaport Global Acquisition II has a strong management team with extensive experience in the industry, and has identified a number of attractive potential targets in the battery materials space. Investors should evaluate these investments based on their potential to generate long-term returns, and should analyze the risk-reward ratio associated with each opportunity.