 In this video, we're going to talk about a new SPAC stock, which is one of the new ones and we're going to go through the potential of this stock. Some of the information about this stock is current price, which is incredibly low, which obviously means that it has a lot of upside potential for this because of the current price. It hasn't got a lot of attention yet, but I think that obviously that's going to start to come about more and more. This stock is going to be a long-term play, I think, in terms of the potential for it. It can swing trade, obviously, but we're going to go through this. It's going to be, should you buy THBR stock, which is Indie Semiconductor? We'll go into this, what this stock does, the information, some of the fundamentals behind it, some of the finances behind it. We're going to some depth in this video on some of the information and hopefully it's helpful for you. If it is, at some point, if you can leave a like on the video, that would be much, much appreciated. It helps out on the YouTube algorithm, helps it get up into the YouTube algorithm and increase in the search results. I've also got to say I'm not a financial advisor. I do teach business in my daily life, but I'm by no means an expert on the stock market. Let's go into THBR. There's recently been some news out in terms of an agreement. The agreement is Indie Semiconductor enters definitive, definitive. It's important, definitive. So it's not rumors, it's not speculation now. It's essentially, this is very much likely to happen. It's a definitive merger. So Indie Semiconductor enters definitive merger agreement with Thunderbridge Acquisition 2. Indie Conductor is a leading pure player provider of next generation semiconductor and software solutions for the rapidly growing auto tech market. Enabling ADAS autonomous connectivity, user experience and vehicle electrification applications. It's a very diversified business in terms of it's involved, yes, in the automotive sector, but it is involved in different sorts of applications within that. So that's interesting. The business combined with Thunderbridge Acquisition, a position Indie capitalized of 2 billion of strategic backlog and an additional 2.5 billion in identifying pipeline opportunities driven by deep relationships with TO1 automotive suppliers. That's brilliant. So it provides up to 495 million in cash to combine company before expenses. So this SPAC measure is ultimately going to help provide a good cash injection into semiconductor, which is obviously going to impact their research and development. They're going to put more money into that potentially. They might put more money into marketing or whatever it is. But this cash injection is going to help in the growth of the company overall. So some of the investment thesis and this is an excerpt from their presentation. I put my own presentation together and I'm taking some excerpts and some information and sources, some information from their website and investor relations page. So just to go through this and you can obviously do your own due diligence and look at this in detail as well. But I just want to pick out some key areas that I think is quite interesting. So it's a next-gen automotive semiconductor and software platform, solving the most complex and demanding challenges, which is brilliant. 2 billion of strategic backlog, we've mentioned that. Well-positioned in massive secular growth market for high growth. Margin rich, 38 billion by 2025. Peruvian leadership team with a track record of extraordinary value creation. So the fact that they've got a strong leadership team to help drive the growth of the company is good for the sustainability of the company. You know, the economic sustainability, the reputational sustainability and just the overall health of the company. And you've got, say, transaction accelerates roadmap and drive substantial growth and profitability. And now, obviously, your profitability is key. As investors, we want to see good levels of profitability. It tends to be good for the stock. So just some figures here. And I don't, again, I don't want to go through all of everything, you know, because this would be like a eight-fifty minute video. I'm picking out the key bits that I feel that might be, you know, kind of helpful to note in this. And by the way, if you like this sort of format of video where I'd give it, like, as a presentation style and go through it, then do leave the video a like as well. I'd be much appreciated. So we've got the transaction parameters. So in terms of that, we mentioned that. Then you've got the, here, so proposed transaction overview, £980 million, purse money enterprise value, in terms of that. So there's a lot of information in terms of the financing. It tends to be a company that's got quite strong finances. It's got a strong financial background in what it's doing. And it's got some due diligence that it obviously conducted there. So it's very thorough, it seems. So this is interesting, the exposure to multiple secular growth drivers. So what are these? What are the areas that they're trying to provide solutions for in particular industries? Okay. So we've got the autonomous area. And we all know kind of the autonomous area of driving is growing. But underneath that, you need obviously the tech for the autonomous vehicles. So what they're doing is they've got step function increase in safety application requirements. And AI acceleration is poorly serviced by incumbents. So they're looking at particular areas of the autonomous industry. And they're seeing where can we add value, which is great. Then they've got connectivity. So OEM desire to monetize data, which we all know in terms of data. There's a lot of money to be made there. You know, you see huge companies use people's data. You know, Facebook in terms of when you people like a particular Facebook page, for example, you then get scroll down on your newsfeed and then they're targeting you with a product. The only way they can do that is because of the data they have collected from you using their platform. So the idea that they're looking at kind of a data driven monetization. That's interesting. Lots of potential. Platform, the next smart firm. Interesting. User experience and user experience is a key component here. So consumers demand UX to mirror their mobile device replacement cycle now driven by UX, not talk and horsepower. So yeah, so it's about building that user experience within the vehicle itself as well, which is really important part of that experience of the vehicle. And you got electrification. So government mandates across Europe, China and the U.S. So there's more electric vehicles coming about, more cars have been electrified and that is a growing industry. We all know that. So it's up to 30% of vehicle production could be EV by 2025-2026. So they're trying to, this company is trying to be involved in the EV sector and trying to see what value they can add. So they're involved here within a range of areas, which is good. It's a diversified approach. Then you got the Indy lead our integration as well. It has a mixed signal processors, optical engines, scene scanners, power management, direct car, battery connection in terms of low power and high efficiency. And ultimately what this aims to do is obviously reduce power by 10 times and cost by 20 times. So it's more cost affordable, less running costs, making it more economically affordable and more economically sustainable. So this is an interesting approach. Then some of the financial aspects of the company. So it's projected 85% compounded growth rate for 2020-2025. That is a lot of growth for them to be saying that they think they're going to achieve. Now, I'm sure they're not stupid. I'm sure that they've put that there for obviously a reason based upon the products that they're offering and the potential of that. But that is ambitious as well. But you're nothing to say that they could potentially achieve that. And if they do achieve that, then that's obviously fantastic for the stock price and anybody who's invested in this. Two billion of strategic backlog, 60% of aggregate revenues through 2025 already shipping slash one stages. So they've already got pre-orders. They're already shipping aspects of the products. So they've already starting to actually build up certain parts of that revenue, which is really good. And as a SPAC, that's incredibly good because some SPACs don't even have a working product. Some SPACs don't even have any previous sales or pre-orders or anything. You know, some of them anyway. So obviously there's other SPACs that are great. But this is promising for a SPAC. Operating leverage produces 30% target EBIT margin. So driven by higher margin product mix. So in terms of there's high margins involved. Capital efficient, fabulous business model. So it's highly scalable global supply chain. So in terms of trying to scale the business also into a global context, which is interesting that they thought of that in terms of the financial highlights. So what are some of the benefits of the business in terms of the SPAC and the potential of it? They've got diversified solutions. Okay. So like I say, they're involved in a range of industries. The industries that they are involved in are growing industries there. So there is a lot of demand and a lot of potential. It looks like they've got an impressive team with a lot of people with industry experience. And you know, a lot of the companies that are successful are successful based upon the team that they have there. So the fact that they've got an impressive team is comforting to know. And it looks like it's an incredibly exciting company in terms of the areas they're involved with. I think that this is incredibly exciting. And actually, I think I'm putting a, I've been researching this company. I haven't yet put a position on, but I think I'm going to be putting a position in this company. Because I think that this has got more upside than it has downside. Put it that way. My only concern is obviously the SPAC volatility of it. You know, SPACs are going up and down in price. And there's a lot of volatility involved with the SPAC. And you don't want to catch it at the run up. I don't know why I'm drawing that, but you know, you don't want to catch it at the run up and then have it come down. And then you're stuck up here. And it takes, you know, a few weeks for it to actually reach its previous highs. So with the SPAC, you do have to be careful to when you actually enter it in. And that is the same with every other stock. But it's incredibly important because of the volatility of SPACs. Now this is the current price. We're at $10.51. So it did have a bit of a run up to $11 after the sort of news and sort of pre-news of that. And that's on the 15th of December. So it ran up to $11.50. So you can see the potential of the potential to it to run up to the $11.50. And even beyond that, it's possibly $12 and $13 and $14. And even further, this stock in the long term could 2X and 3X just based upon where it's, you know, involved in. So it's quite a decent lower level, $10.51 at the minute. I really want to get into this. I may start a small position around this price, but then I really want it to dip to sort of $10.30 if it can. And then I'll maybe add in some more shares. But certainly I think that this is one of these stocks that you could consider adding because it is already at a fairly low price. And there's a lot of upside potential to it. Okay. So that is that video there. Hopefully you've enjoyed it. Please do leave the video a like if this was at all helpful in any sort of way. And subscribe to the channel if you want to hear any more news. Cutting edge news on any stocks that are coming about. Some new stocks when it comes to SPACs. But also some established stocks and long term players as well. But certainly this one's got huge potential. And thank you obviously for everybody watching the video. Again, I'm not a financial advisor. I'm a business teacher in my daily life. So obviously do your own research with this stock and your own due diligence. But hopefully this was helpful. And if it was do leave the video a thumbs up. Thank you for watching and I'll speak to everybody later.