Electric Last Mile Solutions is negotiating a $250 million reverse merger with Forum Merger III that could value the company at over $1 billion based on previous EV SPAC deals, Reuters reports today, citing an anonymous source. Read more.
Related Posts
SoFi Going Public via $2.4B Merger with Social Capital Hedosophia V
The transaction values the company at an equity value of $8.65 billion post-money.
Acies Acquisition Eyes Playstudios: Report
The transaction is set to value the combined entity at $1 billion or more and could be announced in coming weeks, Bloomberg reports.
Abu Dhabi Royal-Backed Firms to Merge in Gulf Region’s First SPAC Deal
ADC Acquisition, a SPAC backed by a prominent Abu Dhabi royal, agreed to acquire state investment fund ADQ’s United Printing & Publishing.
Sizzle Acquisition Shareholders Approve European Lithium Merger
European Lithium is to be renamed Critical Metals at deal closing, which is expected as early as today, the SPAC announced..