CIIG Merger stockholders voted to approve the previously announced business combination with EV maker Arrival S.à r.l. The $660 million deal includes a $400 million PIPE.
Announced in November, the transaction values the combined enterprise at $5.4 billion.
The closing of the business combination is expected March 24, with shares and warrants to begin trading the following day on the Nasdaq under ARVL and ARVLW, respectively. Read more.
