Lucid Motors goes to grow to be a publicly-traded firm on the New York Inventory Trade in a deal that can depart the electrical automobile startup with $4.4 billion in money. The California startup, which is majority-owned by Saudi Arabia’s … Read more
Electrical truck chassis maker Xos Vehicles goes public with clean test backing from a particular function acquisition firm (SPAC). Xos will merge with NextGen Acquisition Corp. at an implied market capitalization of $2 billion. North Hollywood, California-based Xos will get … Read more
One other day, one other SPAC. At this time, we’ve realized that Seattle on-line pet sitting market Rover plans to join the public ranks by way of a merger with True Wind Capital’s SPAC that values the corporate at a … Read more
On Feb. 22-23, DealBook will convey collectively a few of the sharpest minds in enterprise and coverage for our DealBook DC Coverage Challenge. Be a part of us from wherever on the planet, freed from cost. Register today. What may … Read more
One other firm within the electrical car trade goes public by merging with a so-called SPAC, or particular function acquisition firm. This time, it’s EVgo, one of many main suppliers of electrical car charging stations within the US. The deal … Read more