PPX: FASTEST Pays Out
The PPX stock “FASTEST” was halted and delisted today after the Ultimate Aero TT, produced by Shelby Supercars, posted an...
The PPX stock “FASTEST” was halted and delisted today after the Ultimate Aero TT, produced by Shelby Supercars, posted an average top speed of 411.76 km/h during speed tests in the Nevada Desert, breaking the Guinness record for “world’s fastest production car,” and thus unseating the Bugatti Veyron from the record-holding position. The Ultimate Aero is powered by a 6.3-liter twin-turbo V8 engine that produces 882 kW of energy at 6,950 RPMs.
This proposition was trading at just POP$49.75 per share when the record was broken, paying out at POP$100 per share. —Megan Miller
