Hidden EV Company

This might be one of the most interesting special situations in the public markets today.

A recent IPO that trades in nano-cap land and owns 66% of an EV company who has seen their share price increase 178% over the past month.

Big named EV investors are calling this the “Tesla of the water”.

But they are missing the bigger picture.

There is a parent company that owns 66% of this EV company and their share price has barely budged.

In fact, if you back out of all their cash and equity interests, you are buying the parent company for less than nothing.

Eventually investors will figure this out.

And when this happens, the parent company should trade more in line with fair valuation.

But for now the market is paying you to buy the parent.

Let’s dig into this hidden situation.