Author argues $SOAR has bottomed with an upcoming merger and paused ATM program as catalysts to push price back over a dollar.
Unpriced research observations (excluded from Calls and Returns):
SOAR — LONG The author claims $SOAR has bottomed after pausing its ATM program, with an upcoming merger as a catalyst. They argue two major daily gaps need filling and news could send the stock back over a dollar. Management appears motivated to regain compliance, which is why the offering was paused. The main risk implied is that the merger or compliance efforts may not materialize as expected. resolved_asset_type_mismatch
$SOAR has just paused their ATM program and bottomed out with an upcoming merger. With 2 major gaps to fill on the daily it seems like news will send this back over a buck.