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Pivotal Investment Corporation II / XL Fleet
| 24.09.2020, 15:07 (Dieser Beitrag wurde zuletzt bearbeitet: 25.09.2020, 22:22 von Ca$hmandt.)
in diesem Zusammenhang...
BARRON´S
This EV Startup Is Going Public. Unlike Nikola, It Has Sales.
Last Updated: Sept. 23, 2020 at 4:58 p.m. ET First Published: Sept. 23, 2020 at 6:30 a.m. ET
Electric vehicles are on a hot streak. Stock in Tesla, the EV behemoth, is up more than 400% year to date, and startups hoping to be the next Tesla have raised billions in capital. Now another EV company is raising money, but this one has a different approach from many of its peers.
On Friday, XL Fleet announced plans to merge with Pivotal Investment Coroporation II (ticker: PIC), a special purpose acquisition company, or SPAC. The companies expect their combination to close by the end of 2020, at which point Pivotal shares will convert to shares in XL Fleet, under the ticker XL.
Pivotal stock surged over 20% from Thursday’s close through Tuesday’s close.
https://www.marketwatch.com/articles/ev-...oremw_bomw
![[Bild: PICc1dl0905.png]](https://www.finviz.com/publish/092420/PICc1dl0905.png)
![[Bild: chart.ashx?t=PIC&ty=c&ta=1&p=d&s=l]](https://www.finviz.com/chart.ashx?t=PIC&ty=c&ta=1&p=d&s=l)
BARRON´S
This EV Startup Is Going Public. Unlike Nikola, It Has Sales.
Last Updated: Sept. 23, 2020 at 4:58 p.m. ET First Published: Sept. 23, 2020 at 6:30 a.m. ET
Electric vehicles are on a hot streak. Stock in Tesla, the EV behemoth, is up more than 400% year to date, and startups hoping to be the next Tesla have raised billions in capital. Now another EV company is raising money, but this one has a different approach from many of its peers.
On Friday, XL Fleet announced plans to merge with Pivotal Investment Coroporation II (ticker: PIC), a special purpose acquisition company, or SPAC. The companies expect their combination to close by the end of 2020, at which point Pivotal shares will convert to shares in XL Fleet, under the ticker XL.
Pivotal stock surged over 20% from Thursday’s close through Tuesday’s close.
https://www.marketwatch.com/articles/ev-...oremw_bomw
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