Pivotal Investment Corporation II announced that its annual meeting of stockholders to consider the merger agreement with XL Fleet has been set for Dec. 21. XL makes electric hybrid vehicles.
XL in investor presentations on the deal has said it expects to post revenue of $21 million this year, expanding to $281 million in 2022. By 2024, the company said it expects to earn around $1.4 billion in revenue. Read more.
