SPAC transactions have taken a variety of Electric Vehicle (EV) business models to the public markets.
ZeroNox brings another new approach to the EV story with its focus on retrofitting fleets of off-highway vehicles for sustainability.
This week, we speak with ZeroNox President and Co-Founder Robert Cruess and Yana Kakar, CEO of the Growth for Good Acquisition Corporation (Nasdaq: GFGD)
The pair announced a $306 million dollar combination in March. Yana explains why the off-highway segment of the electric vehicle market was attractive for the Growth for Good team.
And Robert notes how ZeroNox’s asset-light approach makes it a unique de-SPAC candidate in the EV space with more revenue generated to date than outside capital raised.
Give it a listen.
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: Lucid to raise $3B in a common stock offering from Saudi owners, Betsy Cohen says SPACs will make a comeback, and SatixFy makes another leadership change Lucid Raising $3 Billion With More Money From...
An article on Bloomberg yesterday announced what many in SPAC Land have been wondering after UBS acquired Credit Suisse – where was Niron Stabinsky, the Head of SPACs at Credit Suisse, going to land? The answer is Banco Santander SA, in what appears to be a massive lift of most (or nearly all) of Credit...
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. Latest SPAC News: eureKING signs put option for the potential acquisition of Skyepharma and Pear Therapeutics sells for $6M in post-bankruptcy auction eureKING, the first European SPAC in healthcare dedicated to biomanufacturing, announces the signature of a...
Pegasus Digital (NYSE:PGSS) has entered into a definitive agreement to combine with equipment manufacturer SCHMID at an enterprise value of $640 million. Freudenstadt, Germany-based SCHMID makes silicon and glass components for the solar energy industry and electronics, including substrates for the broader technology space. The combined company is expected to trade on the NYSE once...
Minority Equality Opportunities (NASDAQ:MEOA) announced this morning that it is pushing back the date for its completion vote for its combination with cloud services firm Digerati (OTC:DTGI), marking the third postponement for the meeting. The vote, which was originally scheduled to be held on May 24, but was postponed until May 26, and then May 31,...