Giga Carbon Neutrality today announced that it has signed a Letter of Intent “with a major stock exchange listed SPAC” to work toward a definitive merger agreement.
If the discussions are successful, London-based GCN said it will merge its new energy mobility solutions – both battery and hydrogen powered logistics vehicles, specialist vehicles and buses – and mobile and stationary energy storage capabilities with the SPAC, which was not named in the news release. Read more.