Another day, another rumored SPAC/electric vehicle deal. Bloomberg reports that GigCapital3 is looking at a potential business combination with Lightning EMotors in a deal that would value the company between $700 million to $1 billion, according to Bloomberg. Reports yesterday indicated that Forum Merger III is looking to do a $1 billion deal with Electric Last Mile Solutions. Read more.
GigCapital3 Eyes Lightning EMotors: Bloomberg
