Tortoise Acquisition
- Electric Trucks
Hyliion hauls in $142 million from sale of stock warrants
The purchase of 12.5 million shares of Hyliion stock with warrants issued to initial stock purchasers in SPAC sponsor Tortoise Acquisition Corp. netted $142 million…
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Once lightly regarded SPACs are here to stay (With video)
The once little-regarded special purpose acquisition company is all the rage on Wall Street as $56 billion in blank check companies seek reverse merger targets.…
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SPAC voters approve merger with Hyliion
Holders of stock in a shell corporation voted Monday to merge with electric driveline maker Hyliion Corp., pledging $560 million to fund the startup’s business…
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SPAC shareholders approve merger to make Hyliion public (Update 2)
Startup hybrid truck drivetrain maker Hyliion expects to complete its short trip to public trading on Monday when Tortoise Acquisition shareholders count votes on a…
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Hyliion partners with Idealease to spotlight Class 8 hybrid trucks
Startup hybrid truck maker Hyliion is offering short-term rentals of its diesel-electric model through Idealease, hoping to get orders as the company prepares for its…
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