CarLotz, a consignment-to-retail used vehicle marketplace, announced that it has completed its $750 million business combination with Acamar Partners Acquisition. The merger was approved Jan. 20 by Acamar stockholders. CarLotz shares begin trading today on the Nasdaq under LOTZ. Read more.
Related Posts
Founder SPAC Secures FPA up to $150M to Support Rubicon Deal
The SPAC has not disclosed redemptions, if any, although the $111 million minimum cash requirement to seal the Rubicon deal is already covered by a PIPE in an identical amount.
Phoenix Biotech Acquisition Looks to Put 3 More Months on the Clock
The SPAC in December mutually terminated a $136 million deal with Intrinsic Medicine.
GigCapital2 Stockholders Approve $1.35B Mergers with UpHealth Holdings and Cloudbreak Health
The combined companies would have an enterprise value of $1.35 billion.
USHG Acquisition Sets Separate Trading of Stock & Warrants
USHG intends to focus its search for combination targets on culture-driven businesses across a range of industries, including technology, e-Commerce, food and beverage, health and retail and consumer goods.