Acamar Partners Acquisition in an 8-K filing announced that shareholders approved the business combination with CarLotz, a used car and consignment dealer.
As part of the merger, CarLotz equityholders will receive net consideration representing an enterprise value of $750 million. CarLotz shareholders approved the merger earlier this month.
Acamar said redemptions amounted to 0.01% of shares with redemption rights. Read more.