Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
VectoIQ Acquisition Corp. II, the second blank check company led by former GM execs targeting the smart transportation industry, raised $300 million by offering 30 million units at $10. ...read more
The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
Polestar trading holds up in the weeks since its SPAC listing; here’s how the electric vehicle maker stacks up against others
Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
Transportation SPAC VectoIQ Acquisition II prices $300 million IPO at $10, in Steve Girsky's follow-up to Nikola
VectoIQ Acquisition Corp. II, the second blank check company led by former GM execs targeting the smart transportation industry, raised $300 million by offering 30 million units at $10. ...read more
The road less traveled: 14 auto-tech plays going public via SPAC
The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
Updated: SPAC returns fall short of traditional IPO returns on average
We’ve updated our July blog post for quarter-end returns and new commentary. In the third quarter, a record-breaking ...read more