Acamar Shareholders Approve $750M CarLotz Merger

Acamar Partners

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.

Total
0
Shares
Related Posts
Ares Acquisition
Read More

Ares Closes Upsized $1B IPO

The SPAC has said it will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, except that it does not intend to pursue the fossil fuel energy industry.