Motiv Power in Merger Talks With Multiple SPACs: Report

Motiv Power Systems

Electric vehicle chassis maker Motiv Power Systems is talking to SPACs about tying the knot, FreightWaves reported.

“We have been talking to a number of different SPACs,” Motiv CEO Matt O’Leary told FreightWaves. “This is a little bit like getting married. I mean, there has to be a good alignment between the target company and the SPAC, both in terms of the mission and the growth plan for the company.” Read more.

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