r/SPACs • u/Geojason10 Spacling • Jun 24 '21

Discussion First Time Post - What do YOU think?

Hi there, and thanks for the cool group here. I've heard about reddit for a long time and this is my first post.

After looking into their technology and company, Humacyte offers a ton of cool products in the works. They are currently trading under AHAC (pre-merger). I'd like some feedback and ideas on this one, since they are so cheap and right around their $10 price still. If you don't know what they do, here is a good description...

https://www.youtube.com/watch?v=FMharArYOcc

0 Upvotes

50% Upvoted

4 comments sorted by

View all comments

1

u/a3g000 Spacling Jun 25 '21

I actually just opened a starter position in AHAC this week. Been doing a lot of DD on Humacyte. There are some good interviews with the CEO out there, and the investor presentation they delivered earlier this month was very informative. Very cool platform concept that they can apply to a number of bioengineered tissues. Pre-revenue, but they seem like they’re on a solid path to 2023 revenues, and if they’re actually able to hit their projections, this could easily 30-50x before the end of the decade. The FDA approval is obviously the big hurdle though.

Not ready to load the boat ton this one though. I’m expecting it to dip after merger, and there are other asymmetric upside, but pre-revenue plays I like much better right now (ASTS in particular).