special purpose acquisition company
- Finance
What made the froth in transportation SPACs go flat?
Hedge funds and retail investors led the takeoff in transportation SPACs that are barely staying aloft. Guess who gets the better end of that deal?
Read More » - Modern Shipper
ELMS passes first test, delivers first EV cargo van ahead of schedule
Electric Last Mile Solutions has delivered its first Class 1 all-electric cargo van to a customer, beating a Q4 goal for the first delivery.
Read More » - Last-mile delivery
ELMS to show prototype Class 3 electric van at FedEx event
Electric vehicle manufacturer ELMS will debut a prototype of its Class 3 cargo van at the FedEx contractors event at the end of July.
Read More » - Modern Shipper
Grab to secure $4.5B in new funding from $39.5B SPAC merger
Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.
Read More » - Modern Shipper
Grab closing in on $35B SPAC deal, largest-ever
Singapore-based ride-hailing company Grab is expected to go public via a SPAC with a fund from Altimeter Growth, according to a report.
Read More » - Electric Trucks
Viewpoint: The role SPACs play for FreightTech founders today
SPAC acquisitions are cropping up with more frequency, and we can only expect more deals to go through in 2021.
Read More » - Equipment
GSCW chat recap: Romeo Power CEO on importance of CV batteries
Romeo Power CEO Lionel Selwood saw the component shortages coming for commercial vehicle batteries. Romeo hedged by buying on the open market.
Read More » - Electric Trucks
Xos Trucks may be next to go public via SPAC: Reuters
Electric chassis maker Xos Trucks may be the next electrification startup to get a financial injection by merging with a special purpose acquisition company, Reuters…
Read More » - Finance
Supply chain software provider E2Open public again via a SPAC
Supply chain software provider E2Open is now trading on the NYSE under a new symbol.
Read More » - Finance
New SPAC looks to invest in transportation, logistics providers in ‘heartland’
The MDH Acquisition Corp. looks to raise more than $200 million in an IPO.
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