Chinese EV Startup Iconiq Said to Mull $4B U.S. SPAC Deal: Report

Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, Bloomberg reports, citing people familiar with the matter.

The startup is working with an adviser on a potential deal that could value the combined company at about $4 billion, according to one of the sources. Read more

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