Electric vehicle startup Canoo to go public via SPAC
Companies, agencies, institutions, etc
Canoo
Hennessy Capital Acquisition Corp.
SPAC
Nikola Corp.
Fisker Inc.
Lordstown Motors
BlackRock
Canoo Inc.
the Nasdaq Stock Market
CNOO.”HCAC
Hyundai Motor Group
Faraday Future
Canoo’s
Kia
CES 2020
People
Daniel Hennessy
Canoo
Stefan Krause
Ulrich Kranz
PBV
Groups
Korean
Physical locations
Evelozcity
Places
No matching tags
Locations
Los Angeles
Events
No matching tags
Summary
Through the transaction, Canoo said it will have about $600 million that will go towards the production and launch of electric vehicles built off of its underlying skateboard technology.Once the transaction closes, the combined operating company will be named Canoo Inc. and will continue to be listed on the Nasdaq Stock Market under the ticker symbol “CNOO.”HCAC Chairman and CEO Daniel Hennessy is betting on Canoo’s business model and its skateboard architecture and technology, which he noted in a statement has already been validated by key partnerships such as with Hyundai Motor Group.Canoo started as Evelozcity in 2017, founded by former Faraday Future executives Stefan Krause and Ulrich Kranz.
As said here by Kirsten Korosec