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Stories about: SPAC

VinFast Now Worth More Than Ford or GM Shows Market Caps Have Gone Crazy
VinFast Now Worth More Than Ford or GM Shows Market Caps Have Gone Crazy

17 Aug 2023, 15:04 UTC · By: Gustavo Henrique Ruffo / We have seen the same happen with Lucid and Rivian, but the most persistent example of market cap madness comes from Tesla.

 
Mullen Buys ELMS Assets and Factory to Produce the Five and Speed Up Bollinger’s EVs
Mullen Buys ELMS Assets and Factory to Produce the Five and Speed Up Bollinger’s EVs

20 Oct 2022, 19:34 UTC · By: Gustavo Henrique Ruffo / ELMS was the first EV startup to declare bankruptcy after going public with a special purpose acquisition company (SPAC) merger.

 
Polestar Merges With SPAC – Now You Can Buy Its Shares on Nasdaq Under the PSNY Ticker
Polestar Merges With SPAC – Now You Can Buy Its Shares on Nasdaq Under the PSNY Ticker

24 Jun 2022, 14:25 UTC · By: Gustavo Henrique Ruffo / The company is the largest EV maker to ever go public through a SPAC merger – and it will probably be among the last ones

 
Lack of Money for EV Startups Means Legacy Automakers Are Occupying EV Space
Lack of Money for EV Startups Means Legacy Automakers Are Occupying EV Space

31 May 2022, 13:33 UTC · By: Gustavo Henrique Ruffo / The opportunity window for new electric car companies to emerge is either closing or already shut down. The already established ones will have a hard time.

 
Qiantu K50 Maker Will Join the SPAC Frenzy and Go Public Through a Merger
Qiantu K50 Maker Will Join the SPAC Frenzy and Go Public Through a Merger

3 May 2022, 08:44 UTC · By: Gustavo Henrique Ruffo / Mullen was the one that was going to sell the electric sports car in the U.S., but the plans seem to have changed from November 2019 until November 2021

 
Lucid Motors Becomes the Latest Upstart EV Company To Get Investigated by the SEC
Lucid Motors Becomes the Latest Upstart EV Company To Get Investigated by the SEC

6 Dec 2021, 22:02 UTC · By: Stephen Rivers / Despite being one of the few new EV automakers to actually bring a vehicle to the market Lucid is being investigated by the SEC over its SPAC public offering

 
Polestar Is Preparing A SPAC Deal: Market Cap May Reach $20 Billion
Polestar Is Preparing A SPAC Deal: Market Cap May Reach $20 Billion

27 Sep 2021, 11:55 UTC · By: Gustavo Henrique Ruffo / The Wall Street Journal anticipated that the deal would be about to be announced on September 27. It involves a merger with Gores Guggenheim Inc.

 
Solid-State Battery Startup Solid Power Goes Public With SPAC Merger
Solid-State Battery Startup Solid Power Goes Public With SPAC Merger

15 Jun 2021, 17:04 UTC · By: Gustavo Henrique Ruffo / Solid Power and Decarbonization Plus Acquisition Corporation III announced the merger, which allows the startup to avoid an IPO.