Gapwaves: Raised fair value range
Research Note
2021-02-02
07:23
Redeye revises its valuation and significantly raises its fair value range to 15-84 with base at 56 following yesterday’s partnership with Frencken. We believe the partnership significantly increases Gapwaves’ likelihood of gaining high-profile agreements with Tier-1 automotive suppliers, in addition to demonstrating its current competitiveness.
FG
Forbes Goldman
Disclosures and disclaimers