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GigCapital3 (GIK) Reportedly Targeting Fleet Electrification Company Lightning EMotors

RUMORS

GigCapital3 (GIK) Reportedly Targeting Fleet Electrification Company Lightning EMotors

Nov 20, 2020 INTEL by Kristi Marvin

In a week filled with electric vehicle (EV) deals and rumors, we add another to the list. GigCapital3, Inc. (NYSE: GIK) is reportedly in talks to combine with the fleet electrification and charging company Lightning EMotors in a deal valuing the target around $700 million to $1 billion, including debt, according to Bloomberg. Loveland, Colorado
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