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Lucid Air Zenith Red
News

Lucid wins lawsuit over SPAC investor claims around production outlook

January 12, 2023 Scott Nordlund 0

Lucid successfully had a lawsuit dismissed by a US District Court in which the company was accused of defrauding investors. The lawsuit alleged that the SPAC created for the public offering overstated Lucid’s production outlook. […]

642131_20211213_Polestar_Montreal_Debuts_Recycled_Container_Showroom
News

Polestar’s SPAC merger could raise $850 million

June 22, 2022 Scott Nordlund 0

Polestar and Gores Guggenheim’s special purpose acquisition company (SPAC) expects to raise at least $850 million in their merger. The companies foresee the merger closing on Thursday. Once the merger closes, Gores Guggenheim’s NASDAQ listing […]

Polestar 2
News

Polestar to go public on Nasdaq

September 27, 2021 Scott Nordlund 0

Polestar signed an agreement with Gores Guggenheim INC to form a special purpose acquisition company. The company will be held by a new public company named Polestar Automotive Holding UK upon closing the deal. The […]

Lucid Air
News

Lucid Motors officially announces plans to go public with Churchill Capital Corp.

February 22, 2021 Drive Tesla Staff 0

Following more than a month of rumours, Lucid Motors officially announced today its plans to go public through a reverse merger with a special purpose acquisition company (SPAC). Lucid will be joining forces with Michael […]

Taiga Atlas
News

Montreal based electric jet-ski and snowmobile maker Taiga to public via SPAC

February 18, 2021 Darryn John 0

Montreal based electric jet-ski and snowmobile maker Taiga Motors has announced its plans to go public via a merger with a special purpose acquisition company (SPAC). Taiga Motors, founded in 2015, plans to merge with […]

Faraday Future FF91
News

Faraday Future joins the SPAC party, announcing plans to go public

January 29, 2021 Darryn John 0

Faraday Future announced plans to go public through a reverse merger with a Special-purpose acquisition company (SPAC), becoming yet another electric vehicle (EV) company to do so in the last year. The deal would see […]

Lucid Air
News

Lucid Motors considering IPO through merger with SPAC

January 14, 2021 Drive Tesla Staff 0

Continuing a popular trend from 2020, Lucid Motors is considering going public through a merger with a special purpose acquisitions company (SPAC). The potential deal would see Lucid team up with one of Michael Klein’s […]

Faraday Future FF91
News

Faraday Future planning to go public with SPAC deal

October 6, 2020 Mike Flemming 0

Electric vehicle (EV) startup Faraday Future has announced it is close to securing an agreement that would see it go public through a reverse merger with a special purpose acquisition company (SPAC). Faraday CEO Carsten […]

ChargePoint
News

ChargePoint going public through reverse merger

September 26, 2020 Darryn John 0

One of the original electric vehicle (EV) charging networks has officially announced plans to go public later this year through a reverse merger with a special purpose acquisition company (SPAC). If you’re unfamiliar, an SPAC, […]

ChargePoint
News

ChargePoint may be going public through reverse merger: Report

September 17, 2020 Darryn John 0

You may soon be able to add one more electric vehicle (EV) related company to the growing list going public through a special purpose acquisition company (SPAC). ChargePoint, which operates the largest online network of […]

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