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NKLA News

Polestar trading holds up in the weeks since its SPAC listing; here’s how the electric vehicle maker stacks up against others

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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

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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

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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

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We’ve updated our July blog post for quarter-end returns and new commentary. In the third quarter, a record-breaking ...read more