EVe Mobility Acquisition, a blank check company led by NXCR executives targeting the mobility-related ecosystem, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
The company is led by CEO and Chairman Scott Painter, the CEO of automotive subscription platform NXCR, and President and Vice Chairman Georg Bauer, who holds the same roles at NXCR. The company plans to target the mobility-related ecosystem, including traditional automotive sectors as well as technological subsectors.
EVe Mobility Acquisition plans to list on the NYSE under the symbol EVE.U. Cantor Fitzgerald and Moelis & Company acted as joint bookrunners on the deal.
